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The acquisition of MTS significantly extends BlackHawks service capabilities into large manufacturing markets.
For the first six months, Sysco reported sales of $30.3 billion, a 1.2% increase from the same period a year ago.
The company reported first-quarter sales of $4.2 billion, up 0.1% compared with the year-ago period.
For the fourth quarter, sales were $2.3 billion, up 6% over the year-ago quarter.
WESCO lands Anixter International acquisition and Fastenal draws attention as earnings season gets underway. Follow the links below to read MDMs most popular blogs from January.
The company reported a loss of $5.9 million, compared to a profit of $54.7 million in the second quarter of 2018.
Speakers at NAW 2020 Executive Summit: Innovate to Dominate urged distributors who have yet to embrace e-commerce to invest in digital platforms. There is plenty of room for growth in international B2B e-commerce, which is six times larger than the B2C market, noted Alibaba Groups John Caplan.
Members of the National Association of Wholesaler-Distributors (NAW), during the associations Executive Summit in Washington, DC, elected as chairman of the NAW Board of Directors, Douglas W. York, president and CEO of Ewing Irrigation & Landscape Supply.