The Fed held rates steady again in its June meeting, maintaining its benchmark range at 3.5%-3.75% while signaling that persistent inflation — rather than slowing growth — remains policymakers’ top concern in the first FOMC meeting led by new Chair Kevin Warsh.
Fed Holds Rates Steady in Warsh’s First Meeting as Chair Read More »
The industrial hose, hydraulics and fluid sealing products distributor opened a Nevada DC to support faster service and expanded product availability across the Western U.S.
Texcel Expands Western U.S. Coverage with Nevada Distribution Center Read More »
Elektrik said the investment will help scale its procurement platform for medium-voltage electrical infrastructure components.
Elektrik Lands Growth Investment from Lead Edge Capital Read More »
The two producers said their all-stock merger will create OlinHuntsman, a North American chemicals company with about $12.5 billion in annual revenue.
Olin, Huntsman to Merge in $2.43B Chemicals Deal Read More »
The California-based safety products distributor is investing $1.7 million in a new Missouri facility that will create 21 jobs.
Front Line Safety to Open Kansas City Distribution Center Read More »
It signals continued languishing market conditions, as April’s decline was likewise revised sharply downward. May’s figure was its lowest since the height of COVID-19 lockdowns.
May U.S. Housing Starts Plunge to 6-Year Low Read More »
The deal marks RNDC’s latest divestment following its May sale of 11 geographic markets to Reyes Beverage Group and a recent stretch of leadership and financing changes.
RNDC to Sell Arkansas Operations to Moon Distributors in Latest Downsizing Read More »
The acquisition launches Rox Capital Partners’ industrial fastener platform, with plans to grow the Dallas-based manufacturer and distributor through organic initiatives and strategic acquisitions.
Rox Capital to Launch Fasteners Platform after Acquiring Interstate Threaded Products Read More »
Overall industrial output decelerated considerably month-over-month as solid durable goods production was negated by an equal nondurable decline.
May U.S. Industrial Production Misses Expectations with Slight Gain Read More »
The hybrid packaging products distributor expanded footprint in the Northeast U.S. and EMEA footprints with acquisitions of O. Berk Company and BlueSky.
Berlin Packaging Makes Acquisitions in New Jersey, U.K. Read More »
Capital Electric has opened a new 258,000-square-foot distribution center in Charlotte, adding inventory capacity, logistics capabilities and up to 100 jobs as it expands across the Carolinas.
Sonepar’s Capital Electric Opens Charlotte DC Read More »
Core wholesale inflation came in below forecasts, indicating that fuel costs tied to the ongoing Iran war conflict are causing most of the inflation burden.
Fuel Prices Keep May’s PPI Above Expectations, Core Decelerates Read More »
FDH Aero said the new investment from Bain Capital will support global expansion, organic growth and strategic acquisitions.
FDH Aero to Have New Majority Owner Read More »
The deal expands Snap-on’s diagnostics, repair information and digital solutions capabilities in heavy-duty and equipment markets.
Snap-on Acquires Diesel Laptops for $100M Read More »
The water infrastructure products distributor reaffirmed its fiscal 2026 outlook after 1Q net income climbed nearly 8% despite flat year-over-year sales.
Core & Main Posts Flat 1Q Sales as Margins Expand Read More »
Amazon’s latest ASCS expansion gives businesses access to LTL freight for shipments to warehouses, distribution centers and retail partners — further positioning Amazon as a full-service logistics provider.
Amazon Expands its Supply Chain Services with LTL Freight for All Businesses Read More »
Surging energy prices continue to skew top-line CPI results, while core inflation trailed market expectations and decelerated month-over-month. Get the key numbers and charts here.
Energy Continues to Drive Consumer Inflation in May Alongside Core Uptick Read More »
MDM’s AI Adoption Index survey closes soon. Participate anonymously to help strengthen the industry benchmark — and get early access to the resulting report and dashboard.
Last Call: Help Benchmark AI Adoption Across Distribution Read More »
Sales continue to outpace inventories as petroleum products saw another considerable monthly gain tied to the Iran war conflict, but to a much lesser degree than March. Here, view product vertical-specific figures for monthly and year-over-year sales, inventories and inventory/sales ratios pulled from the Census Bureau’s latest wholesale trade report.
U.S. Wholesale Sales Post More Strong Growth in April, Inventories Slow Read More »
The tuck-in deal expands ABC Supply Interiors’ Milwaukee-area presence and adds its eighth Wisconsin location for that business unit formerly known as L&W Supply.
ABC Supply Interiors Acquires Wallboard Inc. in WI Read More »
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