ICDO Adds Charter Industrial Supply as New Member
Charter Industrial Supply has garnered recognition as an Aeroquip Premier Select Distributor, IDCO said.
July 20, 2023
Sonepar’s Crawford Electric Expands in Dallas-Fort Worth Metro
Crawford opened a branch in Denton, Texas, the company's seventh location in the Dallas-Fort Worth Metropolitan Area.
MarketPulse: 2Q23 Sees Steepest Declines in More Than 2 Years
Inconsistent, sluggish revenue numbers dogged some distributors during the second quarter, according to the latest Baird-MDM survey.
NAFCD & NBMDA Open Registration for November Convention
The 2023 NAFCD + NBMDA Annual Convention will be held in Colorado Springs, Colorado, from Nov. 14-16.
Auto Parts Distributor Owes $5.6M in Back Wages to 1,300
Federal investigators also found the company made workers use their personal vehicles for deliveries and did not pay them when they did.
Snap-on 2Q Margins Improve Despite Sales Deceleration
Operating margin improved year-over-year across all three key business units, while the pace of organic sales declined.
Hydradyne Announces New President
Lon Jennings will succeed David Parks as Hydradyne President. Parks will retire after 44 years with the company.
UPS, Teamsters to Resume Negotiations Next Week
UPS and the union representing over 340,000 UPS delivery and warehouse logistics workers will resume labor negotiations after being stalled.
Motion’s 2Q Sales Slow Considerably, but Margin Expands
The industrial parts distributor's profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
