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US forest owners hit back at new tax

President Biden recently released his US$5.8 trillion fiscal year 2023 (FY23) budget proposal, which he plans to fund through tax hikes that may impact private forest landowners. Source: Timberbiz The budget proposal relies heavily on an annual 20% tax on taxpayers with income and ass
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AFPA presents opportunities at World Forestry Congress

The Australian Forest Products Association has highlighted the enormous opportunity the global push for more sustainable, low-emission industries is presenting for the world’s forest industries. Source: Timberbiz Speaking at the World Forestry Congress in Seoul co-hosted by the United
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Keeping Britain Tidy with wooden bellyboards

A new initiative is offering free bellyboard hire across England, Wales and Northern Ireland to discourage the use of polluting plastic boards. Surf Wood for Good aims to tackle the waste caused by polystyrene bodyboards, which are usually imported and single-use, by lending beachgoer
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Tigercat Releases 635H Swing Boom Skidder

Tigercat says its new 635H Swing Boom Skidder is the ultimate skidder for extreme terrain and cable assisted logging operations. Source: Timberbiz The capabilities of the six-wheel drive 635H in steep terrain and cable assist applications have been taken to the next level with the int
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Disruption of the global trade in forest products

The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe but also in China and the US. Source: Wood Resources International One immediate impact of the war in Ukraine and the sanctions by Western countries has been a dramatic reduction in exports
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Komatsu forwarder maximises productivity

Komatsu’s 845-1 forwarder offers an excellent combination of high crane capacity, manoeuvrability and rough terrain capability to maximize productivity. Source: Timberbiz With high productivity for thinning and light clear-cutting, the 12-metric-ton class forwarder offers several fram
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Ponsse’s bottom line affected by Ukrainian conflict

According to Ponsse at the beginning of the first quarter, the forest machine market outlook was at a good level. Russia’s invasion of Ukraine led to a deterioration of the situation and subsequent closure of the large forest machine market. In other market areas, the company’s demand
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UPM reaches agreement with workers after four months

The 112-day strike at papermaking giant UPM Kymmene, which crippled production since new year’s day, and raised the anxiety levels of printers everywhere, is over. Source: Print21 UPM and the Paperworkers’ Union have just agreed on a first-ever business-specific collective labour agre
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Pallet wars – wooden pallet prices soar in Europe while stock dwindles

The war in Ukraine has claimed a new collateral victim in Europe: the market for wooden pallets – crucial in the packaging, handling and storage of goods. According to the European Pallet Association. (EPAL), more than 600 million of its pallets and 20m of its box pallets are in circu
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Tigercat develops a dozer for forestry applications

Tigercat Industries has developed a forestry dozer. The new TCi 920 will be doing the rounds at several US forestry industry trade shows soon. Source: Timberbiz The dozer will be branded under the new TCi badge, as Tigercat Industries continues to design machines for applications beyo
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