US Foods Acquires IWC, Saladino’s
The company has added like foodservice distributors that serve the greater Nashville area and central California.
US Foods Acquires IWC, Saladino’s Read More »
2024
Beyond Metrics: 4 Actionable Insights for Growth-Driven Distributors
Business metrics and AI can be a potent combo. Here’s a closer look at the most important metrics distributors should be measuring today and how they can use AI to recommend the next best actions in each area.
Beyond Metrics: 4 Actionable Insights for Growth-Driven Distributors Read More »
Ingersoll Rand 4Q Profits, EBITDA Grow Despite Lower Sales
The pumps and pumping equipment maker saw organic revenue growth slow to 4% in 4Q23, while full-year revenue increased 16% vs. 2022.
Ingersoll Rand 4Q Profits, EBITDA Grow Despite Lower Sales Read More »
MDM Forecast: Back to Normal After 2023 Wholesale Revenue Dipped Below $8T
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MDM Forecast: Back to Normal After 2023 Wholesale Revenue Dipped Below $8T Read More »
Data: Warehouse & DC Rents Spiked 20.6% in 2023
Research from Colliers found that lease rates reached $9.72 per square foot last year despite supply far outpacing occupancy.
Data: Warehouse & DC Rents Spiked 20.6% in 2023 Read More »
January U.S. Wholesale Inflation Hotter Than Expected
Producer prices rose at their fastest clip in five months, tampering hopes that inflation will cool to the Fed’s 2% target anytime soon.
January U.S. Wholesale Inflation Hotter Than Expected Read More »
No MDM Update Newsletter Monday
We’re off Monday in observance of Presidents’ Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
U.S. Manufacturing Technology Orders End 2023 on High Note
The Association for Manufacturing Technology said December’s figures outpoerformed “even the best of expectations.”
U.S. Manufacturing Technology Orders End 2023 on High Note Read More »
Fed Data Shows Weak January for U.S. Factory Activity
The year started with a slight deceleration in industrial production following a flat December.
Fed Data Shows Weak January for U.S. Factory Activity Read More »
Rexel 4Q N.A. Sales Outpeform Group Decline
North American full-year sales reached nearly $8.9 billion for a 4.0% annual gain. See our in-depth breakdown of Rexel’s financials.
Rexel 4Q N.A. Sales Outpeform Group Decline Read More »
Motion 4Q Sales Accelerate as GPC Announces Restructuring Actions
The restructuring includes a voluntary retirement offer and “rationalization and optimization” of certain DCs, stores and other facilities.
Motion 4Q Sales Accelerate as GPC Announces Restructuring Actions Read More »
DNOW Continues Modest Sales Growth as Profit Soars
Overall 4Q and full year profit spiked on a deferred tax benefit, while sales continued low single-digit annual growth.
DNOW Continues Modest Sales Growth as Profit Soars Read More »
Henkel to Acquire Seal for Life Industries
Boosting Henkel’s MRO offerings, Houston-based Seal for Life has about 650 employees and generated $269 million in 2023 revenue.
Henkel to Acquire Seal for Life Industries Read More »
Verusen Joins AWS Software Vendor Accelerate Program
The program directly connects manufacturing customers with Verusen via the AWS Partner Network and Sales organizations.
Verusen Joins AWS Software Vendor Accelerate Program Read More »
ADI Global Posts Flat 4Q & 2023 Revenue as Margins Slip
Meanwhile, gross margin at Resideo’s manufacturing business unit saw solid improvement during 4Q23.
ADI Global Posts Flat 4Q & 2023 Revenue as Margins Slip Read More »
MRC Global Sees Steep Annual, Sequential 4Q Sales Declines
However, lower volume driven by deferred activity in the gas utilities sector didn’t stop the company from modest full-year growth.
MRC Global Sees Steep Annual, Sequential 4Q Sales Declines Read More »
January U.S. Consumer Inflation Up 3.1% YoY
Though it repeated December’s monthly figure, the overall CPI topped economics’ expectations.
January U.S. Consumer Inflation Up 3.1% YoY Read More »
So You’ve Been Cyber-Attacked. Now What?
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So You’ve Been Cyber-Attacked. Now What? Read More »
Watsco Reports Sales Growth Despite Soft HVAC Market
Watsco’s 2023 follows two years of record-setting performances and faces softer comparative market conditions.
Watsco Reports Sales Growth Despite Soft HVAC Market Read More »
Wesco 2023 Sales Topped $22B Despite 4Q Decline
While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
Wesco 2023 Sales Topped $22B Despite 4Q Decline Read More »
