Business, Safety, Logistics

Lumber Surges Anew as Canada Wildfires Snarl Shipments

Lumber futures rose the most in more than a year on concern that wildfires in western Canada will reduce supply and spur more curtailments at sawmills.

Marcy Nicholson | Bloomberg News
July 21, 2021
Government, Business, Safety, Logistics

Thousands of Railcars Stuck After Canadian Wildfires

Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port.

Marcy Nicholson | Bloomberg News
July 8, 2021
Business, Logistics

Lumber Hits Record on Tight Supply, High Demand

Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.

Marcy Nicholson | Bloomberg News
May 3, 2021