The eastern spruce mills had their struggles in the lumber market yesterday. Orders were difficult to come by as production and shipping costs continued to escalate. Traders had better success selling from the positions they had or inventories they could count on. Dealers filled in as best as they could with what was available to them. Many kept inventories low, chasing after what they had on order rather than buying more. The mills had plenty of lumber to sell but very little of it that could ship quick enough to be impactful and make a difference.
It feels like businesses with their own transportation fleet are at a significant advantage these days. How does transportation break down between in house and third party?
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yes in house transportation has its advantages but the lack of drivers is the bigger problem.
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