While a tentative wage agreement ended a strike in October, the parties are still divided on key issues, such as port automation.
U.S. Ports Union, Operators to Resume Contract Talks in November Read More »
Stoney Creek Hydraulics is a manufacturer of hydraulic and pneumatic cylinders and offers repair services to its customers.
Motion Acquires Hydraulics Manufacturer in Canada Read More »
The company attributed the profit decrease to continued investments in its business transformation.
Graybar 3Q Sales Rise 4.4% as Profit Slides Read More »
The company’s overall sales decrease was attributed to SBD’s Infrastructure divestment earlier this year, and lower consumer demand.
Stanley Black & Decker Posts 3Q DEWALT Growth, Consumer Decline Read More »
F3 Aerospace is a manufacturer of structural aircraft components and assemblies.
Genesys Industries Acquires F3 Aerospace Read More »
QSC is a manufacturer of large, transformative audio, video and control solutions.
Acuity Brands Buys Audio-Vision Supplier QSC for $1.2B Read More »
Orders rose 0.4% when excluding aircraft and autos.
Advance: U.S. Durable Goods Orders Fall 0.8% for 2nd Straight Month Read More »
The company enhanced its offerings across its business and marketplace with the addition of new products and supplier partnerships.
DigiKey Added 611K Products, 139 New Suppliers During 3Q Read More »
CRC is a distributor of polymer sealing solutions and related services.
Sweden’s Trelleborg to Acquire CRC Distribution in Alabama Read More »
Fort Worth, TX-based Cohn & Gregory is a distributor of pipes, valves, fittings, flanges and other industrial products.
Venturi Supply Acquires PVF Distributor Cohn & Gregory Read More »
The WTO predicts a 2.7% increase for the rest of 2024 and 2025, while cautioning about potential setbacks from regional conflicts.
WTO Raises 2024 Goods Trade Outlook, Sees Slower 2025 Read More »
The replacement tires supplier secured a $250 million financing agreement with a lender group to support its restructuring efforts.
American Tire Distributors Files for Bankruptcy for 2nd Time in 6 Years Read More »
The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
Applied 1Q Sales Up 0.3%, Organic Down 3% Read More »
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
MSC Sees Steep 4Q Profit Slide as Sales Fall 8% Read More »
NEFCO strengthens its Texas presence with the acquisition and expands to 43 branch locations in the U.S.
NEFCO Acquires Sheinberg Tool in Corpus Christi Read More »
The IMF projects a decrease in global inflation while predicting slower 2025 economic growth in the U.S. and other regions.
IMF: Global Inflation to Cool to 4.3% by End of 2025 Read More »
HCI has formed Driven Distribution Group via acquiring Chicago Parts & Sounds, a distributor of auto parts and accessories.
HCI Equity Launches Automotive Aftermarket Distributor with Chicago Acquisition Read More »
Southern California-based Triumph Geo-Synthetics is a geosynthetics and erosion control solutions distributor.
White Cap to Acquire Triumph Geo-Synthetics in Anaheim Read More »
The company’s 3Q results showed stronger unit sales and digital growth, despite slight decreases in gross and operating margins.
Watsco 3Q Sales Rise 2% YoY, Margin Narrows Read More »
PTDA and BSA expanded PIE, a product information platform for industrial manufacturers and distributors, to 32 offerings.
PTDA & BSA Add 4 Categories to PIE Technology Platform Read More »
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