I didn't consider the idea of using storage minecarts because I had read they were buggy. However if they are reliable (i.e., the chest doesn't lose its contents unexpectedly), then I could consider implementing those in my plans as well.
I would like to make a suggestion.
If you have more wood logs (not planks)then you have coal and you need coal. Throw the logs in a furnace using coal as fuel and using charcoal you can make ALLOT more coal with almost no work!