It will combine the operations of Southwire’s three existing DCs in west Georgia and serve as a logistics hub for customers across the region.
As both sides continue to dig in, get the latest key takeaways from statements shared Feb. 6.
Weather was a considerable headwind during January, but daily sales growth increased following a recent lowpoint in December. See our full breakdown of the monthly figures.
The company said it expects EBITDA to expand in 2025 as it pursues a return to historical gross margin of about 35%.
Capital investments in electric infrastructure, including upgrades and renewable energy integration, fueled a double-digit rise in utilities’ electricity spending from 2003 to 2023. We break down the figures here.
The company continued to see organic growth that outpaced market averages, ending the year with strong margin gains.
Backed by U.S. investment in semiconductor fabrication, billions are being injected into large-scale construction projects. Could building materials and MRO distributors benefit? Our Logistics Liaison explores.
The company reported two of its three segments showing an increase in revenue, while the departure of Optimum impacted its Pharmaceuticals segment.
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
QXO calls the agreement “shareholder-unfriendly” and a “poison pill”.
Part 2 of this series covers how the metalworking and MRO supplies distributor’s Mission Critical initiative is bearing fruit by transforming the company into a more digitally capable and agile organization.
Along with its time-sensitive proposal, the building materials distribution platform went into great detail giving a rundown of talks with Beacon since they started this past summer.
