Wholesale durable goods sales were up double digits YoY and net profits actually improved modestly, but operating income fell ...

Jacobs will serve as Senior Advisor to XPO through June 30 of next year, while Mario Harik will remain XPO’s CEO (began in ...

QXO — a building materials distribution company founded in late 2023 by serial entrepreneur Brad Jacobs — has landed another $620 million in private placement financing. The company shared July 19 ...

Industrial distributor MSC Industrial Supply Co. (NYSE: MSM), Melville, New York, and Davidson, North Carolina, this week said it will permanently close 73 branch offices, which have been temporarily ...

Descartes Systems Group announced that it has acquired Utah-based XPS Technologies. Descartes said it believes that its logistics-intensive business tools and services in commerce and XPS’ e-commerce ...

The new appointee will lead the company’s global legal function and oversee compliance and strategic business development ...

New research highlights how quickly automation is moving from pilot projects to mainstream strategy across US industrial ...

Profit is what truly gives distributors the freedom to grow, reinvest and build lasting businesses. This piece reframes ...

Industrial and contractor supplies buying group AD recently announced the addition of two new distributor members. ACME ...

The FTC says combining Henkel’s Loctite brand with Liquid Nails would eliminate head-to-head competition between the two ...

The U.S. Federal Reserve issued its third straight quarter-point benchmark interest rate cut on Dec. 10. While expected, the central bank signaled it may be done reducing the rate for at least the ...

Hajoca, one of the largest privately-held wholesale distributors of plumbing, HVAC and industrial supplies in the U.S., has acquired Onsemble — a software provider developing intuitive, AI-enabled ...