ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
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Snap-on reported a year-over-year sales decline in 1Q, with mixed performance across its business units and pressure from foreign currency impacts.
Ingersoll Rand acquired G&D Chillers and Advanced Gas Technologies to strengthen its chillers and gas generation offerings in North America.
Based in Florida, Capital distributes and services metal fabrication machinery for manufacturers across the Southeast and Midwest U.S.
Based in Illinois, IRMCO is a supplier of oil-free lubricants for metal forming and tube bending, serving the HVAC, construction and automotive industries.
Viking is a manufacturing and distributor of wood crates, cases, metal containers, corrugated packaging and dangerous solutions.
The addition of less-than-truckload service means suppliers who sell through Amazon's eCommerce platform have more inbound shipping options.
Lawless Group has named a new Chief Sales Officer to lead sales strategy and drive growth across markets as of April 1.
Fastenal posted its strongest monthly sales growth since early 2023, with March daily sales surging year-over-year despite margin 1Q margin pressure. See our full breakdown of the company's March and 1Q results.
Pending partner investment, Amazon is considering expanding its U.S. warehouse network with new logistics facilities, focusing on delivery hubs and automated fulfillment centers.
Minnesota-based Valley Craft is a manufacturer of materials handling, rum handling and storage solutions equipment.
Oklahoma-based NorthWest Bearing & Industrial is an industrial supply store that serves customer from two locations in Woodward and El Reno.
China faces a 125% tariff hike while Trump issues a 90-day pause on reciprocal tariffs for most others. A 10% baseline tariff remains.
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The company is aiming for a potential sale as part of a major restructuring to streamline operations and focus on tire manufacturing.
Here's how a distributor turned to digital predictive accounts receivable tools to speed up collections.
Contrary to popular belief, culture isn't a soft skill. It's a competitive advantage, says executive leadership consultant Darcy Blessing-Williams, who is set to speak at MDM's SHIFT conference in May. She joins the podcast to discuss a zookeeper framework geared for understanding and fostering team behavior.
As tariffs continue to escalate, distributors will have to adapt by optimizing pricing strategies and rebate management to navigate the uncertainty and gain market share in an increasingly competitive environment. Here's a look at critical priorities for distributor stakeholders.
The company reported a decline in 2Q sales, impacted by a challenging operating environment and a cautious outlook despite progress in initiatives.
President Trump established a 10% baseline tariff and unveiled reciprocal tariffs on dozens of countries, including China, the EU and Vietnam ranging from 15 to 48%.