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The company reported a record sales increase, despite a decline in net profit year-over-year that was it's third-best all-time.
The companies said the merger strengthens two locally rooted companies’ operations and expands product offerings.
The monthly PPI went unchanged in February following considerable increases in January and December, driven by a decline in final demand services.
The CPI trailed economists’ expectations, and did not capture the potential impact of tariffs on consumers.
Kevin Reid-Morris has led much of MDM's AI research over the past few years, and he's set to share the results of a major two-year project at our May SHIFT conference. He and Tom Gale discuss the transformative impact of AI in distribution and that project which identified over 50 practical AI use cases.
Houston-based Sumner Brand is a manufacturer of jack stands, material lifts, welding tools and industrial equipment.
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
A 50% metals import tariff threat was in retaliation to a Canadian export tax on electricity.
Avail’s Electrical Products Group offers specialized products and solutions to support industrial and electrical applications.
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
