Operations

Having just completed its acquisition of Kanebridge, the fasteners and industrial supplies distributor posted record third-quarter sales and strong cash flow. Get the details here.

The landscape supplies distributor plans job cuts and branch consolidations in 4Q as declining sales volume and higher operating costs pressure its business, despite improved quarterly earnings.

Logistics/Delivery

Article

SoCal Ports Face Nov. 1 Strike Threat

About 250 unionized port watchmen have authorized a potential Nov. 1 walkout amid stalled contract negotiations, threatening operations at terminals handling more than half of the nation’s busiest port complex’s cargo.

Applied Industrial Technologies reported 7.1% organic growth in its fiscal 1Q27, led by double-digit gains in Engineered Solutions. The distributor also reported higher profits, continued industrial demand momentum and a modest increase to its full-year...