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Posts By Mike Hockett
GDP growth slowed to less than one-third of the rate it had in 3Q25, missing expectations as it was weighed down by the 43-day shutdown and slower consumer spending.
Always-volatile transportation orders drove the monthly decline, while core capital goods posted a solid increase to end the year.
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MDM’s Mike Hockett is set to moderate a can’t-miss technology & innovation panel to kick off Day 2’s agenda and NAW’s Brian Wild will help close the conference with policy and regulation insights from Capitol Hill. Get the details here.
GPC announced the pending move alongside reporting 4Q25 and full-year financial results, which showed annual sales at Motion finish just shy of $9 billion.
The company lands an HVAC equipment and parts distributor for its first bolt-on of 2026.
AI is reshaping distributor CRM — but only when backed by the right platform strategy. In this episode of the MDM Amplify Podcast, LeadSmart's Kevin Brown breaks down smart AI adoption, data integration and how distributors can turn customer intelligence into measurable growth. We also touch on his 30 years of perspective in the industrial supply channel and share takeaways from NAW's 2026 Executive Summit.
Wesco has filed a federal lawsuit against fellow distributor Eckart Supply and six former employees, alleging a coordinated effort to poach more than 30 workers, divert customers and misappropriate trade secrets to build a competing Georgia operation. Get all the key details and context here.
Wajax lands an executive with 30 years of experience of Canadian and internatinoal distribution, manufacturing, retail and services, with previous stints at National Tire Distributors, Grainger and General Motors.
We're off Monday in observance of Presidents' Day in the U.S., so Update will be back in action Tuesday morning.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
It’s one of a few visual changes you’ll notice around the MDM website, but our mission and purpose haven’t changed. Learn more here.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
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Singer Industrial President Pete Haberbosch joins the MDM Podcast to explain how the rubber, fluid power and automation distribution platform’s “coordinated autonomy” model balances scale with local control. This episode explores the company's decentralized operating philosophy, M&A strategy, leadership development and what the company is seeing across its industrial end markets heading into 2026.
The news comes just a few days after the bankrupt auto parts supplier said it would wind down operations at several of its key brands.
The cuts primarily impact remote employees.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
