Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
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Four acquisitions in 2024 drove a double-digit sales year-over-year sales increase at Distribution Solutions Group, but underlying organic growth also improved.
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.
It will create two independent public companies by the end of 2026, with ADI going forward as a $4.5 billion distributor of low-voltage products and solutions.
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.
MSC Industrial Supply named an interim CFO following the pending departure of Kristen Actis-Grande.
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.
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.
Bashlin is a manufacturer of fall protection equipment, climbing gear and accessories, serving utility customers in North America and internationally.
Based in Dallas, Formosa serves customers across Texas, Oklahoma, Louisiana and Arkansas.
Uline expects the 1.2 million-square-foot DC to be fully operational by November 2026.
LGG Industrial appointed a new VP and General Manager to lead growth and operations in its U.S. West Region.
Warshauer Electric announced a leadership transition as longtime President and Owner Jim Warshauer moves into an advisory role.
Current Lighting expanded its U.S. distribution network to improve delivery speed, inventory efficiency and regional product availability.
The distributor announced two key leadership appointments to support its continued growth and industry focus.
