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Lumber Prices Could Reach $2400 In 2022

United States Of America - Lumber prices could escalate easily to $2400 per MBF this spring and late summer similarly mirroring last year. Builders, Developers, Program Managers and Project Managers should weigh risks now and prepare for the possibility. Currently risks seem to be leaning more towards increased demand, labor shortages, natural and
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OSHA WITHDRAWS VACCINE MANDATE AND PENALTIES

Washington, D.C. - As announced on Tuesday by the Labor Department, the Biden administration is dropping its rule that major companies require by mandate that employees get vaccinated or tested on a regular basis for a stipulated virus. In withdrawing the regulation, the Department of Labor acknowledged what most companies and industry experts
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Gas & Diesel Prices = Trucking & Labor

Washington, D.C. - The Federal Trade Commission’s Chair, Lina Khan, has been personally asked by President Joe Biden to analyze the influence of oil and gas companies on the relentless rising price tag of gasoline. Extensive investigation of Exxon Mobil and Chevron, the two greatest oil and gas companies in the U.S., has been requested.
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Port & Logistics Crisis of 2021 Coming To Fruition. Will There Be An End To The Rainbow?

California, United States of America - The Wall Street Journal reported that shipping delays have increased and cargo has piled up at California ports as Nike struggles to sell enough sneakers for the holidays, Costco has imposed limits on paper towel purchases, and prices for artificial Christmas trees have increased 25% this season. The
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KEWAZO, A Robotics Startup, Is Lifting The Scaffolding Industry – “Liftbot” Boosts Productivity & Site Safety

Munchen, Germany - Kewazo, a German startup, is literally lifting the scaffolding industry to new heights. The fresh product just landed a cool $5M for advancement. Good news for the industry as its fresh digitized dashboard and insights will be a hit on sites everywhere soon shortly. Construction has seen an era shift that has been moving
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Get Ready For More Labor Problems As Vaccine Mandate Refusals & Quits Start To Add Up

Washington D.C. - As the labor crisis advances across the U.S.A vaccine mandates are rolling out as well. Most of the mandatory vaccine requirements are from larger corporations with 100 or more employees but it is the recited normal from the White House for "back to work" and "back to school". Bylt: has seen a rapid uptick in quits the last
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Inflation and Mounting shortages Are delaying Construction Of Infrastructure In Maine As The Trends Are Popping Up Across The United States

United States of America- So far this year, the Maine Department of Transportation has rejected bids on at least 15 projects because the contractors' bids were significantly higher than the department's budget. Maine DOT has canceled 17 percent of its paving projects for the year as inflation ate sustainability out of production to cost ratio.
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