Reported and organic sales growth were robust in Q3, though gross margin and EBITDA margin had modest declines year-over-year.
Double-digit pricing actions continue to offset lower shipments of HVAC equipment that uses newly-mandated A2L refrigerants.
Current MSC COO Martina McIsaac will succeed Erik Gershwind following his planned retirement after 13 years as CEO.
At Motion, Genuine Parts Company saw year-over-year and sequential sales improvements and end market growth despite continued sluggish demand and “cautious” consumers.
The One Big Beautiful Bill Act delivers long-awaited tax clarity for distributors — but only for those who know how to use it. In this sponsored MDM Amplify Podcast, Grant Thornton leaders explain the OB3’s...
The company said end market demand remains sluggish, but enhanced fastener capabilities, key account strategy and new contract signings drove continued strong sales. See our deep dive into the September and 3Q numbers.
September’s PMI rose slightly to 49.1% but stayed in contraction territory as some manufacturers report tariffs driving prices up.
In a Truth Social post, Trump announced the U.S. will levy new tariffs on imported heavy-duty trucks and pharmaceuticals on Oct. 1.
In 2024, cargo theft hit a record-breaking number and cumulated to a total loss value of $454.9 million. Read what distributors need to watch out for in this installment of MDM’s Logistics Liaison.
Growth is attributed to various process improvements and sales strategies NetPlus members have put in place, while some also nod to economic circumstances.
From smarter inspections and technical support to demand planning, sourcing, and inventory optimization, this article by Avnet’s CIO explores how distributors can leverage AI as a true agent of change to drive efficiency, resilience and...
Will robots replace us? AI take our jobs? The answer (at least so far) has been “no.”
