Monthly Wholesale Trade Data: December 2019
Wholesale revenues, inventories and ratios from December 2019.
February 2020
News Digest 5004
MDM's top news briefs from News briefs from February 11 - February 25, 2020.
Kaman Sales Up 3.5% in 2019
Fourth quarter sales were up 7.7%.
Descartes Acquires Peoplevox
Peoplevox is a leading provider of cloud-based e-commerce warehouse management solutions.
DXP Enterprises Elects Joseph R. Mannes to Board of Directors
Cletus Davis to retire from board in June.
Chicago Fed National Activity Index Increased to -0.25 in January
The indexs three-month moving average, CFNAI-MA3, moved up to 0.09 in January from 0.23 in December.
4 Reasons to Adopt a Data-Driven Mindset
Increased competition from both traditional and non-traditional distributors coupled with technological advancements have put the power of analytics into distributors hands. Use your metrics to your advantage to measure company performance, make better decisions, understand customer activity and give customers exactly what they want.
Barnes Group’s Q4 Sales Down 4%
Annual sales were down slightly.
ITT Inc 2019 Sales Up 4%
Sales for the fourth quarter were $719.1 million, up 6% from the same period in 2018.
Rockwell Automation Acquires Two Companies
Both transactions are expected to close in the spring of 2020.
Ferguson to Acquire Columbia Pipe & Supply
Columbia Pipe is an independent distributor specializing in PVF, commercial mechanical, commercial plumbing, industrial, valve automation, engineered products and hydronics.
Distributors Report Difficulties with Managing Inventory
Inventory management is wholesale distributions biggest pain point, Blue Ridge and SmartBrief survey shows.
Now Inc.’s Fourth Quarter Sales Down 16.4%
Sales for 2019 were reported at $3 billion, down 5.6% from 2018.
GPC Sales Up 3.5% in 2019
Motion Industries sales up 3.2% in 2019.
U.S. Census Manufacturers Shipment Data Reveal Key Segments for Distributor Growth
Latest Manufacturers Shipments, Inventories, and Orders Survey shows little growth overall, except for a few categories that continue to rise.
Gardner Denver’s 2019 Sales Down 8.9%
Fourth quarter sales fell by 14%.
Genuine Parts Makes Executive Leadership Changes
The company has named Treg S. Brown as executive vice president, mergers and acquisitions, and James R. Neill executive vice president and chief human resources officer.
Will the COVID-19 Coronavirus Infect the World’s Supply Chains?
Companies like 3M are prioritizing distribution for those most in need, and the American Chamber of Commerce in Shanghai predicts a direct impact on 2020 revenues.
MSC Enters Into Cooperative Research And Development Agreement
The two-year agreement with the U.S. Department of Energy's Oak Ridge National Laboratory is focused on improving milling performance on new Computer Numerical Control machine tools through the use of impact-testing software.
Where Does HARDI-Backed Legislation to Phase Down HFC Production and Import Stand?
A look at the legislative status of bi-partisan bill American Innovation and Manufacturing Act of 2019, its potential industry impactsincluding whether or not states will act to pass legislation on their own and the bills chances of reaching President Trumps desk.
