ICDO Adds Charter Industrial Supply as New Member
Charter Industrial Supply has garnered recognition as an Aeroquip Premier Select Distributor, IDCO said.
ICDO Adds Charter Industrial Supply as New Member Read More »
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.
Sonepar’s Crawford Electric Expands in Dallas-Fort Worth Metro Read More »
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.
MarketPulse: 2Q23 Sees Steepest Declines in More Than 2 Years Read More »
NAFCD & NBMDA Open Registration for November Convention
The 2023 NAFCD + NBMDA Annual Convention will be held in Colorado Springs, Colorado, from Nov. 14-16.
NAFCD & NBMDA Open Registration for November Convention Read More »
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.
Auto Parts Distributor Owes $5.6M in Back Wages to 1,300 Read More »
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.
Snap-on 2Q Margins Improve Despite Sales Deceleration Read More »
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.
UPS, Teamsters to Resume Negotiations Next Week Read More »
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.
Motion’s 2Q Sales Slow Considerably, but Margin Expands Read More »
LBB Specialties Announces Brand Restructuring
Specialty chemicals and ingredients distributor LBB Specialties will consolidate its business divisions under one brand.
LBB Specialties Announces Brand Restructuring Read More »
Sonepar Completes Billows Acquisition
Billows Electric joins Sonepar with 19 branch locations and over 285 associates, according to a Sonepar news release.
Sonepar Completes Billows Acquisition Read More »
Sonepar’s Springfield Electric Adds Indianapolis Branch
The latest branch to open is located on 96th Street in Indianapolis. with a grand opening planned for later this summer.
Sonepar’s Springfield Electric Adds Indianapolis Branch Read More »
MSC Voices ‘Leveling’ Market Tone
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MSC Voices ‘Leveling’ Market Tone Read More »
Lockmasters Acquires Fellow Distributor Allied Locksmith
Lockmasters provides proprietary products, educational training and distribution of third-party combination locks, tools and hardware.
Lockmasters Acquires Fellow Distributor Allied Locksmith Read More »
Pricing Management Leads to 2Q Margin Growth at SKF
Despite a sequential slowdown in organic sales growth, the bearings giant was able to accelerate its operating margin growth.
Pricing Management Leads to 2Q Margin Growth at SKF Read More »
Border States Joins U.S. Amy PaYS Program
“This new chapter in Border States’ recruitment gives us tremendous access to great talent,” said Border States CEO David White.
Border States Joins U.S. Amy PaYS Program Read More »
How Much Do Distributors Leverage AI Today, and Where?
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How Much Do Distributors Leverage AI Today, and Where? Read More »
June U.S. Factory Output Slips for 2nd Straight Month
The decline reflected a broad industrial deceleration, led by a contraction in consumer durable goods.
June U.S. Factory Output Slips for 2nd Straight Month Read More »
Graybar Acquires Shepherd Electric Supply, Growing in Mid-Atlantic
Baltimore-based electrical distributor Shepherd Electric Supply will give Graybar a “foundation for accelerating growth,” officials said.
Graybar Acquires Shepherd Electric Supply, Growing in Mid-Atlantic Read More »
Key Insights from MDM’s 2023 Mid-Year Economic Update
MDM’s annual Mid-Year Economic Forecast webcast provided a current snapshot of market conditions and what to expect in a likely bumpy road ahead.
Key Insights from MDM’s 2023 Mid-Year Economic Update Read More »
Teamsters Head Asks White House Not to Intervene if UPS Workers Strike
A 10-day union strike would reportedly be the nation’s most expensive walk-out in at least 25 years, costing the economy more than $7 billion
Teamsters Head Asks White House Not to Intervene if UPS Workers Strike Read More »
