Yesler | The Lumber Trading Platform

Great to spend a few days at the Yesler Command Center in Seattle with the amazing Lauren Serio talking all things LBM, software and technology. Our doors are always open and visitors are always welcome to geek-out with us and learn more about what’s coming :)

On July 1st 2003 Roman Abramovich bought Chelsea Football Club. The amount of money he brought to the game meant he could outspend every other club in the league and buy success ... which followed in droves. If you haven’t been following what’s happening with QXO it’s time to pay attention because something similar is happening in the LBM space. For an industry steeped in “we’ve always done it this way” there’s a $3.5BN juggernaut moving fast that’s just joined the party and things are going to start to get interesting pretty quickly.

3 questions asked and answered in this blog by Matt Meyers, Yesler Founder and CEO, about QXOs announced $3.5 billion starting point and what it means for the LBM supply chain: 1) Who’s lunch will they eat? Hint: Might be yours. 2) Can they execute? There’s no industry experience on their team, but the wrong experience could make it even worse! I point out the two biggest areas of risk from the history of innovation in LBM. 3) How to compete? More questions for incumbents, clues for QXO. https://lnkd.in/g4SK_xA9 #lumber #buildingmaterials

Here's another Housing Start rant: Headlines warn that starts are down in March. That's true, if you are satisfied to let a single Seasonally Adjusted data point tell the story. Here is the rest of the story behind the numbers. March actual starts were HIGHER than February starts. Both January and February were revised UP in arrears. 2024 Q1 housing starts EXCEED 2023 Q1 housing starts. If you are hoping for a market like last year, that's what Q1 delivered.

The Montréal Wood Convention is in full swing. If you don’t have plans after the show, have a drink on us tonight 🍺 Use the link below to reserve a spot: https://lnkd.in/gSFfTYFn #MTLWood24 #BuildingMaterials #Lumber

Buy, sell and trade lumber on the move – all you need is a signal! Manage your trading on the go with Yesler mobile 📱 Use the link or QR code to sign in now on your mobile browser: app.goyesler.com/join #LBM #BuildingMaterials #Construction

Got time for happy hour? 🥂 Join the conversation and have a drink on us at the Montréal Wood Convention. Book a slot with us below and you're set. Cheers! https://lnkd.in/gSFfTYFn

Three weeks away from the Montréal Wood Convention 🇨🇦 Yesler is gearing up to help traders convert more customers and propel their sales to new heights. Be ahead of the curve and join this growing community. All you need is a cell signal and an open mind: app.goyesler.com/join #lumber #buildingmaterials