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Ohio-based Flighttime Enterprises and three employees face federal charges for illegally exporting aircraft parts to Russia, violating export restrictions and using false certifications to evade sanctions.
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The survey showed U.S. consumer sentiment continued to decline in February, reporting the highest year-ahead inflation reading since November 2023.
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Industrial production increased in January, driven by gains in utilities and business equipment despite declines in manufacturing and mining.
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Two industry veterans join R.S. Hughes to strengthen its supply chain and marketing strategy.
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We're off Monday in observance of Presidents' Day in the U.S., so Update will be back in action Tuesday morning.
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Wholesale prices remained particularly elevated in January, driven by increases in both final demand and core prices.
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The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food and core inflation.
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See a preview for this free event for a half-day packed with discussion sessions centered around AI applications from experts using and scaling the technology today.
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Now live, the issue's content spans research on family-owned distributors' succession plans; expectations of Trump 2.0's impact on demand and margins; the industry's top concerns at the start of 2025; the first two parts of our case study on MSC Industrial Supply; and more.
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It’s the PMI’s first time above 50.0% since October 2022, signaling manufacturing momentum in early 2025.
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