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UPS and the union representing over 340,000 UPS delivery and warehouse logistics workers will resume labor negotiations after being stalled.
The industrial parts distributor's profit margin grew 190 bps year-over-year despite sales growth that was less than half that of 1Q.
Specialty chemicals and ingredients distributor LBB Specialties will consolidate its business divisions under one brand.
Billows Electric joins Sonepar with 19 branch locations and over 285 associates, according to a Sonepar news release.
The latest branch to open is located on 96th Street in Indianapolis. with a grand opening planned for later this summer.
Lockmasters provides proprietary products, educational training and distribution of third-party combination locks, tools and hardware.
Despite a sequential slowdown in organic sales growth, the bearings giant was able to accelerate its operating margin growth.
"This new chapter in Border States’ recruitment gives us tremendous access to great talent,” said Border States CEO David White.
The decline reflected a broad industrial deceleration, led by a contraction in consumer durable goods.
Baltimore-based electrical distributor Shepherd Electric Supply will give Graybar a "foundation for accelerating growth," officials said.