McKesson Restructures its Reportable Segments
McKesson announced changes to its reportable segments and organizational structure, effective in its fiscal 2Q26 that began July 1.
McKesson Restructures its Reportable Segments Read More »
News
Cornerstone Building Brands Acquires Metal Sales Manufacturing Corp.
The move is expected to strengthen Cornerstone Building Products’ position in the residential market for metal building systems.
Cornerstone Building Brands Acquires Metal Sales Manufacturing Corp. Read More »
Fed Issues First Rate Cut in 9 Months, Signals More Coming this Year
The cut was smaller than some were hoping for, but it appears several more will be issued by the end of 2025.
Fed Issues First Rate Cut in 9 Months, Signals More Coming this Year Read More »
Arrow Electronics Taps Board Member as Interim CEO
William Austen, a Board Member, has been named Interim President and CEO or Arrow Electronics to succeed Sean Kerins.
Arrow Electronics Taps Board Member as Interim CEO Read More »
August U.S. Housing Starts Decline
U.S. housing starts declined in August and remain below last year’s levels, with weakness in single-family starts and building permits.
August U.S. Housing Starts Decline Read More »
Veritiv Acquires Oregon-based Subotnick Packaging
Subotnick distributes packaging products and equipment serving the building materials, food, eCommerce and transportation industries.
Veritiv Acquires Oregon-based Subotnick Packaging Read More »
August Industrial Production Edges Up on Autos Strength
U.S Industrial Production showed a modest rebound in August following a decrease in July.
August Industrial Production Edges Up on Autos Strength Read More »
Wesco Invests $10M in Materials Procurement Provider Kojo
Wesco looks to transform construction procurement with the AI-powered platform.
Wesco Invests $10M in Materials Procurement Provider Kojo Read More »
Ferguson Posts Strong Finish to FY25 as Annual Sales Near $31B
The plumbing, PVF and industrial supplies distributor posted its highest annual revenue ever, with solid organic growth complementing continued acquisitions during the fourth quarter that ended July 31.
Ferguson Posts Strong Finish to FY25 as Annual Sales Near $31B Read More »
Cardinal Health Opens Consumer Health Logistics Center in Ohio
The logistics center is a centralized replenishment hub for more than 20 distribution centers.
Cardinal Health Opens Consumer Health Logistics Center in Ohio Read More »
Prokeep Launches AI-Powered Order Engine at NAW Innovators Summit
Market-leading roofing materials distributor ABC Supply Co. served as a pilot partner for the platform and shared the results it’s had from it.
Prokeep Launches AI-Powered Order Engine at NAW Innovators Summit Read More »
Performance Food Group, US Foods Eye Merger with Information Sharing Deal
One month after PFG rejected talks with US Foods about a potential combination, the two foodservice distributors are now sharing information to explore what would be a landmark merger.
Performance Food Group, US Foods Eye Merger with Information Sharing Deal Read More »
Bishop Lifting Appoints New CEO
Distribution veteran hopes to further scale the growing company.
Bishop Lifting Appoints New CEO Read More »
Rensa Filtration Acquires Distributor IREMA in Germany
The acquisition includes U.S. subsidiary Aeolus Filter, which offers critical data center and healthcare air filter applications.
Rensa Filtration Acquires Distributor IREMA in Germany Read More »
GME Supply Acquires Fellow Workwear Distributor Wayne Enterprises
Houston-based Wayne Enterprises is a supplier of trade uniforms, PPE and custom workwear.
GME Supply Acquires Fellow Workwear Distributor Wayne Enterprises Read More »
Consumer Prices Accelerated in August with 0.4% Monthly Gain
Core consumer prices in the U.S. rose in line with market forecasts.
Consumer Prices Accelerated in August with 0.4% Monthly Gain Read More »
UNFI Opens Massive DC in Sarasota
The state-of-the-art facility features advanced automation and many amenities for associates.
UNFI Opens Massive DC in Sarasota Read More »
SupplyOne Enters California with Acquisition of Fellow Packaging Distributor Vital Pack
It represents SupplyOne’s 44th location in North America, but its first in California.
SupplyOne Enters California with Acquisition of Fellow Packaging Distributor Vital Pack Read More »
Endries Promotes Company Veteran to CFO & Legal Leader
Newly appointed CFO Ryan Long will succeed Dan Crociata, who was promoted to President and CEO in May.
Endries Promotes Company Veteran to CFO & Legal Leader Read More »
Garage Door Components Distributor Arrow Tru-Line Sold from One PE Firm to Another
MiddleGround Capital sold Arrow Tru-Line, a garage door components distributor, to the Chamberlain Group.
Garage Door Components Distributor Arrow Tru-Line Sold from One PE Firm to Another Read More »
