For the year, member distributors saw overall 12-month sales decline by 0.3%.
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Joyce Orlob Evans — the daughter of the company's founder — played an active role in the MROP distributor throughout her life.
Exports of industrial supplies saw a healthy rebound from a November decline.
Following their biggest gain in 28 months during November, orders were virtually unchanged in December.
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.
The National Association of Wholesaler-Distributors and Modern Distribution Management have combined in a move that unlocks a wealth of data-driven intelligence for NAW members and MDM subscribers.
DPA University is an online educational portal that offers product training and courses to all DPA distributors and their employees.
Matt Pavlinsky, Director of Power Transmission Products at Applied Industrial Technologies, leads the PTDA Foundation as its 2024 President.
Set for March 12-14 in Nashville, the management school is designed for pros in construction/industrial distribution and supply chain.
The indexes of business equipment, construction supplies and business supplies all registered slight monthly declines in December.
NetPlus Alliance has made new hires and organizational changes to support its accelerated growth in recent years.
"Core inflation" ticked up 0.2% during the month, but ended the year with almost half the annual increase as 2022 did.
However, "Core inflation" was identical to November on a monthly basis and slightly decelerated year-over-year.
We're off Monday in observance of Martin Luther King Jr. Day in the U.S., so Update will be back in action Tuesday.
See the slate of industry events during the first half of 2024 that are on MDM's radar.
Luis Valls and Lura McBride join the leadership team for AD's U.S. Electrical unit.
Kurtz Industrial Solutions President & CEO Brian Nowak assumes the leadership of the association as President.
Wholesale inventories were unrevised from the advanced report, down 0.2% from October.
The deal will integrate Proton.ai's CRM and eCommerce personalization technology into VAI's ERP offerings for mid-market B2B companies.
NAW cited the Labor Department's proposed overtime pay and worker walkaround rules as being harmful to the wholesale distribution industry.
