The large softwood timber surplus in the US South is likely to diminish over the next decade, resulting in regional increases in sawlog prices
The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In 2020, an estimated 12% of the world's conifer timber harvest was in this region. A large softwood timber inventory has built up in the southern US over the past 15 years. In 2000, timber harvests almost equaled net growth, but during the housing crisis and great recession in 2007-2009, lumber production, sawlog demand, and log removals fell sharply, leading to increased softwood timber inventory. Over the past decade, softwood sawlog demand
Greater Than (GREAT.ST), the insurtech using AI for pricing insurance based on real-time analyses of drivers’ accident probability, has in partnership with the Tryg A/S now tailored Tryg Sidekick to include electric vehicles. As Norway is the world's largest market for EV's, the insurance offering addresses an ever-growing need for dynamic, fairer, and more transparent premiums also for drivers of electric vehicles.Tryg's insurance offering Sidekick is tailored for younger drivers aged 18 to 30 years old. The offering is based on Greater Than's AI technology, making it possible to price
