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In The News:

Breaking News in Wholesale Distribution

SKF Completes Previously Announced Divestment of L&AT Business

The divestment will have a positive effect on the operating result for the Swedish manufacturer in the fourth quarter.
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United Rentals Canada Completes WesternOne Acquisition

Company closes previously announced deal for $90.4 million in cash.
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McKesson to Relocate Headquarters

Distributor will move its headquarters from San Francisco to Las Colinas, Texas, effective April 1.
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RBC Bearings Sells Miami Subsidiary

Manufacturer sells its Avborne Accessory Group subsidiary to Florida-based AerSale, Inc.
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Anixter Adds to BOD

Distributor appoints University of Oregon CFO Jamie Henikoff Moffitt to its board of directors.
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Descartes Fiscal Third Quarter Sales Up 12.9%

Profit increased 17.4 percent year-over-year.
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Ferguson Acquires Robertson Supply

The company will operate as Robertson Supply, a Ferguson enterprise.
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Gardner Denver Names CFO

Neil Snyder to replace retiring Todd Herndon, effective January 1.
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The Conference Board: Consumer Confidence Index Down Slightly in November

But economic outlook remains strong, with job growth as main driver of improvement, group says.
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Second Estimate: Real GDP Up 3.5% in Q3

Real gross domestic income increased 4 percent in the third quarter.
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