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This post is the fifth in a series related to the Q2 2022 Forisk Research Quarterly (FRQ), which includes forest industry analysis, timber price forecasts, and featured research on regional pulpwood price dynamics. Logging is largely a high-volume, low-margin business. more…
Time has a funny way of passing. Sometimes it seems to zoom by (college years) and others it just crawls (high school lectures on voodoo economics). For an industry grounded in decades-long timeframes, forestry can sometimes feel quite dynamic. This more…
Over the last month, we fielded a number of questions from colleagues and clients about trucking costs. Multiple questions from different directions on the same topic usually highlight a problem. Trucking is hardly a new hot topic. Over the past more…
A client posed the question last week “what are the implications to the logging industry of a $15 minimum wage?”. It is a great question. With many logging businesses in rural areas, offering some of the best wages in those more…
“Reality is frequently inaccurate” – Douglas Adams, The Hitchhiker’s Guide to the Galaxy It has been a couple of years since we last discussed the performance (and drivers) of our logging cost forecasts. At that time, we were seeing increased more…
This is the fifth in a series related to Forisk’s Q3 2018 forest industry analysis and timber price forecasts for the United States and Canada. Almost everything I hear about logging these days relates to trucking and the challenges of finding more…
This is the fifth in a series related to Forisk’s Q2 2018 forest industry analysis and timber price forecasts for the United States and Canada. The post includes an excerpt from the Forest Operations chapter. I had the opportunity to attend more…
Below is an excerpt from a Q3 2017 article in the Forisk Research Quarterly examining issues affecting commercial automobile insurance and log truck insurance specifically. Large swaths of the general public still have no idea what modern logging entails. Even in areas with extensive more…
At the start of each year, we look back on our performance over the past twelve months and look forward to our expectations for the next twelve. George Box, a famous statistician, has a quote that provides me some solace more…
This is the third in a series related to the analysis of timber markets and wood baskets. Forward-looking assessments of pine and hardwood prices in local markets can include forecasts of hauling, logging and third-party forestry administration costs that account more…