MDM won't deploy an Update newsletter on Friday amid the Fourth of July holiday in the U.S., so it'll be back on Monday.
Posts By Mike Hockett
QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.
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You've seen our new Top Distributors Lists. Now, see which companies remained as MDM Industry Titans and which ones joined the exclusive club that recognizes companies that have been in the top 3 of one of our Top Distributors Lists for at least five consecutive years — a testament to sustained market leadership.
The figures suggest goods continued accumulating across distribution channels, albeit at a slower pace than April, and we'll find out if sales kept pace when the government's full wholesale trade report publishes July 8.
QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.
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The pharmaceutical products distributor said the 330,000-square-foot facility will expand capacity, add cold chain capabilities and support customers across Oklahoma, Texas and nearby markets.
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This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
The Fed held rates steady again in its June meeting, maintaining its benchmark range at 3.5%-3.75% while signaling that persistent inflation — rather than slowing growth — remains policymakers’ top concern in the first FOMC meeting led by new Chair Kevin Warsh.
The two producers said their all-stock merger will create OlinHuntsman, a North American chemicals company with about $12.5 billion in annual revenue.
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The role of the distribution salesperson has changed. With pricing and product availability now transparent online, sales teams can no longer win by simply taking orders. This MDM blog breaks down seven critical selling skills distributors should build now — from value-based selling and needs discovery to AI-enabled prospecting, negotiation and trust-building.
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Amazon’s latest ASCS expansion gives businesses access to LTL freight for shipments to warehouses, distribution centers and retail partners — further positioning Amazon as a full-service logistics provider.
Sales continue to outpace inventories as petroleum products saw another considerable monthly gain tied to the Iran war conflict, but to a much lesser degree than March. Here, view product vertical-specific figures for monthly and year-over-year sales, inventories and inventory/sales ratios pulled from the Census Bureau's latest wholesale trade report.
Wesco’s latest data center-focused acquisition would expand its cooling and lifecycle services capabilities in Southeast Asia, building on a market segment that powered record 1Q sales for the distributor.
It was the company's 11th straight month of double-digit daily sales growth year-over-year as nearly every key sales metric improved sequentially. We provide a full breakdown of Fastenal's May sales numbers here and the context around them.
With MDM’s Top Distributors Lists about to publish, see where the largest of them appeared on Fortune’s marquee who’s-who of U.S. companies.
