Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
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Wesco’s 2Q results show accelerating organic growth and surging data center sales, prompting the company to raise its full-year outlook.
As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated market. Here are the key details and context distributors should be aware of.
With $4.2 billion in 2024 revenue, Chart makes and designs process technologies and equipment for handling gases and liquids. It previously had agreed to be acquired by Flowserve.
The industrial and MRO parts distributor achieved company quarterly records for gross margin and operating profit as revenue improved throughout April-June period.
Honor Foods opened a new DC in Kissimmee, FL, expanding its Southeast operations and improving product access and logistics across the region.
Stanley Black & Decker reported a modest year-over-year sales decline in 2Q, impacted by a slow outdoor season and tariff-related shipment disruptions.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
The U.S. and EU reached a new trade agreement aimed at reducing tariffs, boosting exports and strengthening transatlantic economic ties.
Rexel reported an increase in 2Q sales, driven by strong performance in North America that offset weaker results in Europe and Asia-Pacific.
DPA said the new space accommodates its growth and enhances operational efficiency.
Spanning a half mile end-to-end, the "Retail Support Center" was designed to boost logistics operations and serve its network of over 5,000 stores.
Honeywell reported a healthy increase in overall 2Q sales and provided updates on its planned breakup into three independent companies.
Fastenal opened a new DC in Utah, replacing its Salt Lake City facility to support regional growth and operations.
Walmart is overhauling its AI strategy by unifying tools into four dedicated AI agents that each have their own focus — customers, employees, engineers and sellers/suppliers.
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Bashlin is a manufacturer of fall protection equipment, climbing gear and accessories, serving utility customers in North America and internationally.
Hundreds of Airgas tankhaul workers at 15 facilities across 11 states have expanded their strike and suggested the company deliberately released chemicals at two locations. Airgas provided a response statement to MDM.
The Trump administration unveiled a new AI Action Plan outlining over 90 steps to strengthen U.S. leadership in artificial intelligence across innovation, infrastructure and global policy.
Current Lighting expanded its U.S. distribution network to improve delivery speed, inventory efficiency and regional product availability.
