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Posts By Mike Hockett
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The engine maker's move will result in the lay off of more than 600 FedEx Supply Chain workers at adjacent Cummins DCs in Memphis by the end of October.
The company has added three new at-Home DCs over the past three years, and plans to open another by the middle of 2026.
The company's August sales report showed that double-digit daily sales growth continued, albeit at a slight deceleration month-to-month. Get a detailed breakdown of the figures here.
The deal went final just over a month after it was originally announced, and marks HD’s second landmark building materials distribution purchase in about 15 months.
Family-owned and operated since 1953, V-TO is a distributor and manufacturer of cleaning products and other janitorial supplies and equipment based in Saint-Hyacinthe, Quebec.
Fastenal said the "UHUB" can potentially double in size and supports branches and customers across a wide swath of Western America.
Substantially lower ocean rates have helped offset some of the higher cost of goods sold that distributors, manufacturers and retailers are incurring from tariffs. Here's the data showing how rates have changed since their spring peak.
With offices in Dallas and Chicago, TCG will infuse 100+ independent distributor member-owners into AD across verticals of plumbing, PVF, HVAC, waterworks and irrigation.
“Through decades of dedication, he launched new enterprises, acquired companies and fostered relationships that shaped the company’s legacy and impact on the industry," the manufacturers representative organization said.
The U.S. economy rebounded stronger this past spring than originally estimated, driven by drop in imports and increased consumer spending. See our added context for what to make of the underlying figures.
Steve Snower joined Parts Town as its sixth employee in 2004. Today, the company is a leading distributor of OEM replacement parts, now on pace for nearly $2.8 billion in annual revenue. He joins to reflect on how Parts Town got here, what it's been up to lately — which includes an employee ownership program, service expansion and digital innovation — and where it's going.
Things are well on track for The Home Depot to complete its second significant building materials distribution acquisition in less than a 2-year span.
Stocks jumped Friday following U.S. Federal Reserve Chairman Jerome Powell's remarks at the central bank's annual symposium in Jackson Hole, WY.
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The B2B products marketplace shared new stats about its customer expansion and cost savings.
HD saw the strongest broad strength across its merchandising departments in over two years during 2Q, while average ticket and big ticket comps accelerated.
Airgas claims that the picketing union violated its collective bargaining agreement, while the union claims that Airgas deliberately released "harmful" gas upon union employees at two locations.
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