Ritchie Bros. acquires Rouse Services

VANCOUVER, BC, PRNewswire/ – Ritchie Bros. Auctioneers and Rouse Services have announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million. Completion of the acquisition is...

Russia Plans to Ban Log Exports 

WRI –Softwood log exports from Russia have been in steady decline for the past 15 years and could reach zero in 2022 if President Putin’s new log export ban is implemented In a recent statement, the Russian President ordered the government to strictly control...

West Fraser announces third quarter 2020 results

VANCOUVER, BC, CNW — West Fraser Timber Co. Ltd. has reported results for the third quarter of 2020. All dollar amounts in this news release are expressed in Canadian dollars. Third Quarter Highlights Sales increased by 32% to $1,690 million in the quarter....