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Canadian Pacific Reports Third-Quarter Revenue Growth of 4 Percent

Canadian Pacific Railway Limited (“CP”) announced third-quarter revenues of $1.94 billion, diluted earnings per share (“EPS”) of $0.70, adjusted diluted EPS1 of $0.88, an operating ratio (“OR”) of 60.2 percent and an adjusted OR1 of 59.4 percent. “The third quarter presented challenges across the supply chain, but the CP team’s commitment to the foundations of […]

CSX Announces Third Quarter 2021 Financial Results

CSX Corp. (“CSX”) announced third quarter 2021 net earnings of $968 million, or $0.43 per share, compared to $736 million, or $0.32 per share in the same period last year. Third quarter 2021 operating ratio was 56.4% compared to 56.9% in the prior year period. “I want to thank all of CSX’s railroaders for their […]

Mortgage Applications Decrease in October 20th MBA Weekly Survey

Mortgage applications decreased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 15, 2021. The Market Composite Index, a measure of mortgage loan application volume, decreased 6.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]

Obituary: William Milton Turner

William “Bill” Milton Turner, 85, of Roanoke, passed away on October 18, 2021. He was born in Virginia on June 24, 1936 to the late William and Myrtle V. Turner. He was also preceded in death by his wife of 48 years, Betty Henegar Turner; sisters, Eleanor Turner, Elizabeth “Betty” Turner and Sonja Turner and […]

McCoy’s Building Supply Announces Expansion to Spicewood, TX

McCoy’s Building Supply recently poured the foundation for a new store at 23400 TX 71 W Spicewood, TX near the corner of Pace Bend Road. Opening is projected for Summer 2022. The new Spicewood store will continue McCoy’s tradition of providing an exceptional customer service experience from its friendly, knowledgeable staff and supplying high-quality building […]

U.S. Census Bureau: Monthly New Residential Construction, September 2021

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for September 2021: Building Permits Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,589,000. This is 7.7 percent (±0.9 percent) below the revised August rate […]

Masonite Introduces Defendr™ Door System Designed to Impede Attacks Inside Buildings

Masonite International Corporation (“Masonite”), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, today unveils its Defendr™ Door System. It is designed to impede attacks inside buildings, providing valuable time for security personnel and law enforcement officers to respond. “We believe it is important to create solutions that are intended to […]

BlueLinx Appoints Ryan Taylor as Vice President of Investor Relations and Treasury

BlueLinx Holdings Inc. , a leading U.S. wholesale distributor of building products, announced the appointment of Ryan Taylor as Vice President of Investor Relations and Treasury, effective October 11, 2021 and reporting to Kelly Janzen, Senior Vice President, Chief Financial Officer and Treasurer. In this newly created role, Taylor will lead the investor relations and […]

MoistureShield Broadly Expands Distribution Throughout Northeast

MoistureShield®, a division of Oldcastle APG, a CRH Company, has expanded distribution with BlueLinx branch locations in Charlotte and Raleigh NC, Denville NJ, Yaphank NY, Burlington VT, Bellingham MA, and Portland ME. Each BlueLinx location will offer the full line of MoistureShield composite decking products to its dealers. “We are excited to continue to grow […]