The figures indicate that demand remains soft and production execution was slightly down compared to October.
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The same bad actor re-encrypted previously stolen sensitive information, apparently just as the distributor had recovered from the initial breach.
Machinery and auto parts inventory drove the first monthly gain since February.
Two of North America's largest JanSan, foodservice and packaging supplies distributors are now one.
While total sales growth continued to slow from earlier in the year, it still far outperformed the MRO market.
3Q Industrial & Safety sales fell nearly 5% year-over-year amid mixed end-market demand and distributors right-sizing inventory levels.
The surprise walkout comes days after UAW President highlighted the "shortcomings" of Stellantis’ current offer.
Engine Capital reportedly said the PVF distributor could net $14 to $18 per share in a sale as a premium to its current stock price.
While in contraction territory for a 10th straight month, a handful of key subindexes trended positive vs. July.
The MRO products distributor's project will create at least 250 full-time jobs by the facility's sixth year of operation.
Amazon is already using AI to sort damaged goods, while Walmart uses ChatGPT to negotiate contracts with some suppliers.
It's just CD&R's latest major investment in the B2B distribution space.
The additions for the plumbing and industrial supplies distribution giant are across three different industries.
The industrial distribution giant's results seemed to outperform the rest of the sector, with a sequential revenue growth slowdown more subdued than what others have reported in this earnings cycle.
The increase follows a one-month pause in June and despite recent sharp declines in wholesale and consumer inflation rates.
A tentative 5-year deal has been reached with UPS's 340,000-member union, likely averting a nationwide strike. See our full recap of the deal and the contingency plans several distributors had prepared.
A 10-day union strike would reportedly be the nation’s most expensive walk-out in at least 25 years, costing the economy more than $7 billion
In 2022, U.S. business logistics costs represented the highest percentage of the national gross domestic product ever.
Distributors keeping a close eye on major projects that could impact product demand may benefit from a new government website mapping investments.
Manufacturing and retailer associations have called on the White House to step in on the labor dispute between 22,000 dockworkers and their employers.
