Manufacturers are always looking for the best ways to ship products to their end users, be it consumers or retail stores. Among the things they have to consider include the most efficient and cost-effective ways to ship and in what quantities can goods most efficiently be shipped. They also have to consider what kinds of …
It is starting to look like the Oriented Strand Board (OSB) market is about to enter uncharted territory due to a number of very serious economic issues appearing on the horizon. The summer of 2022 could well be a “summer of discontent.” Economic Factors That Could Dictate OSB Prices This Summer and Into the Fall …
As a hotel owner/operator, your future success is going to depend a great deal on your ability to compete with other hotel owners/operators. That would be especially true if your property is located in an area where there is a lot of traveling traffic. If you are going to compete successfully, your hotel has to …
As some experts warn of a coming U.S economic decline, there are currently great concerns throughout the world, as the potential decline in the U.S. often affects foreign economies around the world. With inflation running out of control and interest rates starting to climb, several key industries are bracing for the impact. One of the …
As lifestyle changes evolve over time, certain market segments are often left to deal with the effects of such changes. That would certainly go a long way towards explaining what has been transpiring in the outdoor wood shed market over the past few years and likely into the future. Throughout North America, we have seen …
As a retail store owner, your reputation is going to be made based on several factors. First and foremost will be customer service and price competitiveness. With that said, you can’t afford to overlook the importance of making sure that the products and materials you sell are of the finest quality possible. Sometimes, the way …
To say that lumber prices have been highly volatile over the last 11 months would be a bit of an understatement. The reality is that prices have been on somewhat of a rollercoaster ride since the middle of May in 2021. On May 7th of 2021, lumber prices reached an all-time high at $1,686 per …
If you are planning on a building/construction project of any meaningful size, you might want to think about purchasing your lumber from a wholesaler as opposed to a big retail hardware store. The savings you can get from doing this can be quite substantial, maybe enough to allow you to take on other projects in …
As a building material, wood is susceptible to a lot of things that can damage it. That list of things includes the elements (weather), fungus, fire, and insects. It’s for that reason that some wood materials need to be treated with chemicals that act as preservatives. Otherwise, damaged wood would eventually lead to structural problems …
It was only a little more than 10 months ago that the price of lumber hit an all-time high of $1,686 per board foot. Conversely, the construction industry then watched the price of lumber fall all the way down to $454 per board foot by mid-September. That’s an incredible drop of 73% in just 4 …
