GMS' organic sales declined in 1Q25, and it added Florida-based R.S. Elliot Specialty Supply earlier in August.
Latest In Operations
A Mississippi-based seafood distributor pleaded guilty to conspiring to mislabel seafood and wire fraud in a scheme spanning 2002-2019.
Cargo thefts increased drastically, especially in the Southern California "Red Zone", which comprised 45% of all reported cargo thefts.
Union members in Hyattsville, MD are on strike over stalled contract negotiations, citing unfair labor practices and refusal to bargain.
Southwire enhanced its capabilities with its new Dallas Fort Worth Customer Service Center, holding a grand opening on Aug. 22.
Canada ordered its main railroads to resume operations and enter binding arbitration. Teamsters comply but challenge constitutionality.
Yanow expands its northeast U.S. presence and product portfolio by adding Syracuse-based Robert H. Schaub & Associates.
A prolonged disruption of Canadian freight rail service could threaten bulk and hazardous material imports.
Amazon is implementing the “keep it” return option to reduce reverse logistics costs with its FBA Returnless Resolutions program.
The noncompete rule was deemed unlawful by U.S. District Judge Ada Brown, and it will no longer go into effect on Sept. 4.
A first-of-its-kind strike of the two largest Canadian railroads looms, threatening U.S. imports of manufactured goods and commodities.
Toyota is recalling nearly 34,000 vehicles in North America due to incorrect load-carrying-capacity stickers used by a Houston-based distributor.
Cheney significantly expands PFG's presence in the Southeast U.S., along with a Puerto Rico distributor acquired in July.
The company totaled $227 billion in 2024 sales, up 11% annually.
The report found that the wholesale trade industry had an average of 71 days missed per workplace injury. See plenty more stats here.
The distributor’s full-year total sales increased 1.5% year-over-year, while 4Q sales remained flat.
The company’s organic sales declined by 3.3% year-over-year, while SRS Distribution contributed $1.3 billion in 2Q net sales.
The distributor’s recent acquisition of Snap One accounted for $45 million of the company’s 2Q sales of $959 million.
Gross margin and adjusted EBITDA likewise both improved year-over-year.
The distributor said recovery from the fall 2023 cyberattack has been slower than expected, which continues to weigh on sales growth.
