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Marking one of the largest transactions in the history of wholesale distribution, it's set to push Sysco’s annual revenue to near $100 billion and diversify its offering with a strong push into the cash-and-carry segment. Get the details and context here.
Most of it comes from a common stock financing round for the company that plans to expand throughout the U.S. Sunbelt region.
The company said the move is in direct response to customer and supplier feedback calling for a more unified enterprise structure.
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
The acquisition enhances Danville, VA-based Unison Tube's product portfolio of tube technology in the U.S.
The 8% price increase would "provide a necessary bridge to a permanent mechanism to reflect market conditions in prices for competitive products," USPS officials said.
The two facilities join a network of 14 established Motion branches across Mexico.
The 2025 gain was despite one fewer selling week than 2024 for the infrastructure supplies distributor.
GPC doesn’t plan to name a successor as it readies to separate its Motion and NAPA subsidiaries into standalone public companies.
The company is using autonomous technology to audit warehouse stock, improve accuracy and reallocate labor from manual cycle counts to higher-value tasks. Get the details here.
