NEWS

Record-breaking diesel fuel prices are forcing some logging and trucking operations to shut down. Fuel was once 25% of the operational cost of running a truck. Now, that has increased to more than 60%. "When it costs $1,118 to fill up a logging truck, plus the other expenses to operate, there is not a profit at the end of the day." 

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Despite the Russia-Ukraine war and subsequent tariffs, imports of Russian hardwood plywood grew by 44% in the first four months of this year vs. the same period last year. In April, imports directly from Russia appeared to have slowed a bit after the U.S. imposed tariffs, but imports of birch plywood from Vietnam grew by 206% to 427 million square feet. Russia is a likely source for a substantial amount of the imports of birch plywood from Vietnam.

Decorative Hardwoods Association (formerly HPVA) eNews Volume XV, Issue XI: USFWS Advances Proposed Endangered Species Listing For Bat | Growth Of Kitchen Cabinet Sales May Be Slowing | Russia Will Use Subsidies To Support Timber Industry | Congress Weighs In On Tariffs On China

Photo © Keith Shannon/USFWS

Which World War II bomber was made mostly from wood?

Answer: The de Havilland Mosquito

Resource: Second World War-era de Havilland Mosquito set to arrive at Kelowna's airport next week

Photo © KF Aerospace

Congress has jumped into the debate on Section 301 tariffs on China, working out differences between the House and Senate versions of the massive "China bill." The Senate version of the bill would require USTR to meet more specific criteria to exclude products, likely with set goals. Some sources predict that a final package will emerge from committee by July 4.

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