Motion Opening Houston Repair Shop
Motion expanded its service capabilities by opening a new repair shop in Houston, enhancing support for industrial customers in the region.
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August 2024
Advance: July U.S. Durable Goods Orders Surge 10%
Driven by transportation, July’s total increased substantially and marked a sharp rebound from June’s 6.7% decline.
Advance: July U.S. Durable Goods Orders Surge 10% Read More »
AFC Industries Adds North American Aerospace Leader
Chris Lloyd joins AFC to lead its new Aerospace unit.
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Airgas Teamsters Employees on Strike in Maryland
Union members in Hyattsville, MD are on strike over stalled contract negotiations, citing unfair labor practices and refusal to bargain.
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Southwire Opens Massive Customer Service Center in TX
Southwire enhanced its capabilities with its new Dallas Fort Worth Customer Service Center, holding a grand opening on Aug. 22.
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Fastenal Details Rollout of Internal AI Tools
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Powell: Fed is Ready to Start Rate Cuts
The U.S. Federal Reserve Chairman gave his strongest indication yet that the central bank is poised to begin cutting its benchmark interest rate in September.
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Canada Calls to End Rail Shutdown, Teamsters Push Back
Canada ordered its main railroads to resume operations and enter binding arbitration. Teamsters comply but challenge constitutionality.
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Electrical Manufacturers’ Rep Yanow Expands in NY with Acquisition
Yanow expands its northeast U.S. presence and product portfolio by adding Syracuse-based Robert H. Schaub & Associates.
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Stubborn Demand Softness Prompts Macroeconomic Context
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Distributor Mill Steel Co. Appoints New CFO
Industry veteran Scott Hauncher joins Michigan-based Mill Steel from Huron Capital Partners.
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U.K. Cutting Tool Distributor Cutwel Privately Acquired
Private equity firm Inflexion acquired cutting tool distributor Cutwel to drive growth and enhance its marketing offerings.
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Advance Auto Parts to Sell Distributor Worldpac to PE Firm for $1.5B
Worldpac generated about $2.1 billion in revenue and $100 million in EBITDA in its last 12 months through June.
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Canada’s Major Freight Rail Halts in 9,000-Worker Lockout
A prolonged disruption of Canadian freight rail service could threaten bulk and hazardous material imports.
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AD Adds AR Platform Suppli as Preferred Service Provider
The partnership will strengthen Suppli’s digital accounts receivable service relationships with AD members.
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Amazon Now Enables Some Sellers to Avoid Physical Returns
Amazon is implementing the “keep it” return option to reduce reverse logistics costs with its FBA Returnless Resolutions program.
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MDM Podcast: What’s On the Safety Product Horizon?
ISEA CEO Cam Mackey joins to discuss safety standards and regulations that will inform future safety product demand.
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Cook & Boardman Acquires Architectural Doors in Denver
This is C&B’s 8th acquisition since 2023, when Platinum Equity acquired the company.
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Cardinal Health to Add DC in Northeast Ohio
The new DC will replace a current facility there and be 30% larger.
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BlackHawk Acquires Tri-State Industrial Supplies Near Philadelphia
BlackHawk expands its footprint in the Mid-Atlantic market with the deal.
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