A new survey from the National Association of Waterfront Employers found U.S. ports will need $6.7 billion in cargo handling equipment investments through 2031, including more than 100 new ship-to-shore cranes, as operators look to modernize terminals and maintain supply chain competitiveness.
Survey: U.S. Ports Need $6.7B in Cargo Equipment Investments Over Next 5 Years Read More »
The U.S. government says bankrupt supplier First Brands underpaid tariffs on imported goods for years, adding another major development to the company’s ongoing collapse and its growing fallout across the automotive aftermarket distribution channel.
The independent construction and industrial distribution cooperative has served its members for 37 years. Get the details here, including where those members are likely heading.
Evergreen Supply Network to Dissolve. Here’s What to Know Read More »
The DOJ charged four major container manufacturers — which combine to produce nearly all of the world’s standard unfrigerated shipping containers — and seven of their executives with allegedly conspiring to restrict output and inflate prices during the pandemic-era supply chain crisis.
Continental Fuel Group, backed by Brenton Point Capital Partners, is pursuing acquisitions of commercial fuel distributors across the Midwest, Mid-Atlantic and Southeast.
Employee-owned electrical distributor Van Meter is expanding and automating its Minnesota distribution hub with a 124,000-square-foot addition designed to boost efficiency, consolidate operations and support long-term growth.
Van Meter Begins Major Expansion Minnesota DC Read More »
Parker Hannifin is set to significantly expand its Aerospace & Defense footprint by acquiring CIRCOR’s commercial and defense aerospace business, adding flight-critical motion and flow control technologies tied to major OEM and defense platforms.
Parker Hannifin to Buy CIRCOR Aerospace Business for $2.5B Read More »
We’re off Monday in observance of Memorial Day in the U.S., so Update will be back in action Tuesday morning.
No MDM Update Newsletter Monday Read More »
Motion Control & Enterprises adds Florida-based Tripp Electric Motors to expand its repair and maintenance capabilities in the state’s water and wastewater markets.
MCE Announces 2nd Deal in 8 Days, Adds Tripp Electric Motors in Florida Read More »
U.S. housing starts declined in April as single-family construction slowed, while building permits rebounded month-over-month amid continued volatility in residential construction activity.
April U.S. Housing Starts Dip as Single-Family Activity Slows Read More »
Cincinnati-based Valco Melton manufactures adhesive dispensing machinery, cold glue and hot melt systems, coating equipment and vision inspection technologies used in packaging, paper converting, nonwovens, automotive and woodworking applications.
Graco to Buy Adhesives Application Supplier Valco Melton for $447M Read More »
Novvia added Florida-based APC Packaging to deepen its presence in sustainable luxury beauty packaging and strengthen its consumer-focused portfolio.
Novvia Acquires Beauty Packaging Products Distributor APC Read More »
The deal marks ADH’s second acquisition since its 2024 formation by Tigertail Capital Partners and expands the HVAC distribution platform with six Midwest locations.
ADH Acquires cfm Distributors for 2nd Company in HVAC Platform Read More »
NAW joined a growing coalition urging the U.S. Supreme Court to reverse a Colorado ruling allowing climate liability claims against energy companies to proceed under state law.
NAW Urges Supreme Court to Reverse Colorado Climate Liability Ruling in Suncor Case Read More »
The acquisition is expected expand Marco’s product breadth, technical capabilities and customer base across key industrial end markets.
Marco Sealing Acquires Fellow Distributor Pride Seals in Ohio Read More »
Richards Building Supply has more than 60 branches across the West, Midwest, North and Southeast regions of the U.S.
Richards Building Supply Acquires USBS in Denver Read More »
Order value jumped both monthly and year-over-year, helped by inflation and buyers looking to get inventory ahead of further price increases.
March U.S. Cutting Tool Shipment Surge Reflects Front-Loading Read More »
The move underscores the continued overlap between retail and wholesale distribution supply chain leadership.
Target Taps Ex-QXO, Genuine Parts Exec as Supply Chain Leader Read More »
Home Depot posted modest 1Q26 sales growth but lower profit as large remodeling projects remained pressured, while its Pro business stayed resilient and the SRS acquisition continued to bolster contractor-focused demand. Here’s the key figures.
Home Depot’s 1Q Sales Rise as Pro Demand Holds Steady, SRS Adds Lift Read More »
The acquisition expands SJE’s portfolio of liquid level floats and related products, growing its presence within the municipal, commercial and residential markets.
SJE Acquires Anchor Scientific, Expands Water Sensor and Controls Portfolio Read More »
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