Latest Industry News

West Fraser’s Strategic Move: Closing Maxville Sawmill to Address Lumber Market Challenges

In a notable development, West Fraser, a key player in the lumber industry, has unveiled...

Exploring Solid Gains in US Flooring Imports and Market Dynamics

In October, the United States experienced a noteworthy 15% increase in hardwood flooring imports, primarily...

True Essence of This Chicago-Area Furniture Retailer Beyond Its Smart Branding

Sell A Cow, a high-end furniture retailer in Chicago, emerged from the strategic vision of...

Construction Sector Dips: 0.9% Decrease in Euro Area and 0.6% in EU – October 2023 Insights

In October 2023, there was a notable decline in seasonally adjusted production within the construction...

Vietnam Earns 1.2 Trillion VND from Forest Carbon Credit Sales under ERPA Deal

At the year-end conference on December 27, 2023, and the deployment of the forestry sector’s...

Container Freight Rates Expected to Sustain Growth Momentum in Q2 and Q3

If the unrest in the Red Sea persists and remains unresolved, the consequences for the...

Wood Industry Resilience: Achievements, Challenges, and Optimism in 2023

The phrase “attaining the goal” is a commonly used and expansive idea in Vietnam wood...

Green Criteria in Wood Industry: Adapting for Sustainable Global Markets

The criteria for being considered environmentally friendly encompass products that are ecologically sustainable, avoiding depletion,...

Timber Treasure: Indonesia Wood Industry, Global Expansion, and Sustainable Outlook

Indonesian wood stands out with its distinctive qualities and benefits, finding extensive use across diverse...

Costco Ends 2023 on a High Note with Strong December Sales

Costco saw nearly 10% growth in December sales, reaching $25.15 billion for the five weeks...