Advance: U.S. 3Q GDP Grew 2.8%
It decelerated from 2Q, reflecting a downturn in private inventory investment and residential fixed investment.
Advance: U.S. 3Q GDP Grew 2.8% Read More »
News
BlueLinx 3Q Sales Fall 8%, Margin Dips
The company reported volume growth in key specialty product categories, while price deflation impacted overall sales.
BlueLinx 3Q Sales Fall 8%, Margin Dips Read More »
SiteOne Landscape Supply 3Q Sales Rise 6%, Organic Dips
The company is anticipating a negative impact on sales from hurricanes Helene and Milton in its fourth quarter.
SiteOne Landscape Supply 3Q Sales Rise 6%, Organic Dips Read More »
Avnet 1Q Sales Fall 11.6% as Margin Slides
Sales in both its Electronic Components and Farnell business units declined by double digits.
Avnet 1Q Sales Fall 11.6% as Margin Slides Read More »
Cardinal Health Opens New DC in Massachusetts
The new facility is set to offer specialized handling for sensitive products available by early 2025.
Cardinal Health Opens New DC in Massachusetts Read More »
Global Industrial 3Q Sales Slide, but Profit Grows
The company attributed its decline in sales to a challenging demand environment and continued softness in its core customer base.
Global Industrial 3Q Sales Slide, but Profit Grows Read More »
MDM’s 3Q MarketPulse, M&A Reports Now Available
These reports deliver a wealth of wholesale distribution economic metrics and dealmaking analysis covering July-September.
MDM’s 3Q MarketPulse, M&A Reports Now Available Read More »
U.S. Ports Union, Operators to Resume Contract Talks in November
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 »
Motion Acquires Hydraulics Manufacturer in Canada
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 »
Graybar 3Q Sales Rise 4.4% as Profit Slides
The company attributed the profit decrease to continued investments in its business transformation.
Graybar 3Q Sales Rise 4.4% as Profit Slides Read More »
Stanley Black & Decker Posts 3Q DEWALT Growth, Consumer Decline
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 »
Genesys Industries Acquires F3 Aerospace
F3 Aerospace is a manufacturer of structural aircraft components and assemblies.
Genesys Industries Acquires F3 Aerospace Read More »
Acuity Brands Buys Audio-Vision Supplier QSC for $1.2B
QSC is a manufacturer of large, transformative audio, video and control solutions.
Acuity Brands Buys Audio-Vision Supplier QSC for $1.2B Read More »
Advance: U.S. Durable Goods Orders Fall 0.8% for 2nd Straight Month
Orders rose 0.4% when excluding aircraft and autos.
Advance: U.S. Durable Goods Orders Fall 0.8% for 2nd Straight Month Read More »
DigiKey Added 611K Products, 139 New Suppliers During 3Q
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 »
Sweden’s Trelleborg to Acquire CRC Distribution in Alabama
CRC is a distributor of polymer sealing solutions and related services.
Sweden’s Trelleborg to Acquire CRC Distribution in Alabama Read More »
Venturi Supply Acquires PVF Distributor Cohn & Gregory
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 »
WTO Raises 2024 Goods Trade Outlook, Sees Slower 2025
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 »
American Tire Distributors Files for Bankruptcy for 2nd Time in 6 Years
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 »
Applied 1Q Sales Up 0.3%, Organic Down 3%
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 »
