Manufacturing and retailer associations have called on the White House to step in on the labor dispute between 22,000 dockworkers and their employers.
Latest In Operations
The sales decline was within expectations, according to Ferguson.
Net sales decreased 1.5% over last year, but increased 49.2% compared with the first quarter of fiscal 2021, the company said.
It was the distributor's weakest daily sales growth month since June 2021.
Operations at major West Coast container ports have been disrupted as dockworkers and port employers fail to reach a deal over wages.
Known as Wesco Aircraft until 2020, the company looks to right-size its debt amid reduced demand and ongoing litigation.
3M will make facility and equipment improvements to expand its biotech manufacturing capabilities, and add 60 employees in Europe.
Pay for S&P 500 company CEOs in 2022 rose just 0.9% to $14.8 million in median compensation, according to an AP study.
The National Association of Electrical Distributors awarded Schaedler Yesco Distribution's Marc Malvizzi a Lifetime Achievement Award.
Bearing and seal manufacturer SKF will consolidate its spherical roller bearing manufacturing by shifting production to Poland.
The location will immediately begin serving the community by providing a training site for the Moraine, Ohio, Fire Department.
The acquisition, subject to competition authority approval, is scheduled to close in June, according to a news release.
In its annual handling of about 8 billion packages, Amazon estimates that less than one in 1,000 items are damaged.
MDM speaks with North Coast Electric President Cory McCulloch to discuss his company's new DC in Auburn, Washington and the Sonepar subsidiary's plans for the future.
The Hoser Honors program is a platform to acknowledge superior performance from IDCO Endorsed suppliers, the co-op says.
As the calendar crawls toward summer, the pace of M&A activity among industrial distributors and manufacturers stays robust.
The virtual ISA workshop is designed to give practical strategies and tools for creating a more inclusive company.
The OEM foodservice equipment parts distributor expects its exponential growth to continue in 2023.
Midwest electrical, plumbing and HVAC distributor Dakota Supply Group began construction on its fifth distribution location in Wisconsin.
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