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US senator from South Dakota calls for proactive Black Hills forest management; he tells USDA secretary more sawmills could close through lack of timber supply, diminishing industry's role as 'reliable partner' in managing forests for health, fire risk

Canfor to cut lumber output at Western Canada sawmills by about 275 mmbf by end of August, in addition to 100 mmbf reduction announced March 30; inventory levels are high amid global supply challenges, limiting ability to transport products to customers

Domtar charters its own ocean freighter to transport 43 dryer cans, other equipment from China to South Carolina port to avoid monthslong delay of its Kingsport, Tennessee, mill conversion project; mill will produce recycled linerboard, corrugating medium

Royal Bank of Canada CEO sees 50-50 chance of recession, says Ukraine war adds complexity to challenges like supply chain disruptions; however, strong underlying tenants in economy such as full employment should act as good shock absorbers to uncertainty

Toyota cutting June global production by about 100,000 units to 850,000 units because of semiconductor shortage; 16 lines at 10 factories to suspend production for up to five days in May and June due to supply shortage

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