In a ruling that may allow UPS to grow its drone operations, the FAA has granted the company permission to operate delivery devices beyond visual line-of-sight regulations.
Operations
Article
Schaedler Yesco Breaks Ground On Northeast RDC
Construction is expected to be completed in early 2024, the company said in a news release.
Digital Commerce
Article
Data: Buyer Expectations Continue to Put Pressure on B2B eCommerce
A new report reflects a blurring of lines between consumer retail and B2B eCommerce trends, with buyers increasingly expecting the same experience they get as consumers.
Earnings
Article
DPA Buying Group Posts 12.8% 1Q Sales Growth YoY
Strong member sales were seen across 6 product categories: Janitorial, Safety, Industrial, Restoration, Packaging, & Public Safety.
Human Resources
Article
Grainger Announces Passing of Former Chief HR Officer
Prior to becoming a strategic advisor in July, she served as Senior Vice President and Chief Human Resources Officer.
Mergers & Acquisitions
Article
Watsco Acquires Gateway Supply for $103M
Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
Operations
Article
Winsupply Adds Properties to Expand Support Services Campus
The Winsupply Support Services campus in Moraine, Ohio, continues to expand with the purchase of two additional properties.
Earnings
Article
Core & Main 2Q Sales Flat YoY, but Sequential Jumps
The 2Q period follows the company’s February-April period, in which sales slid 1.5% YoY and increased 49.2% sequentially.
Manufacturing
Article
Star Cutter Co. Acquires Tru Tech CNC Grinding
Cutting tool supplier Star Cutter Co. acquired Tru Tech CNC grinding systems from New Hampshire-based Resonetics.
Trends Report
Article
HARDI Members Post 5.2% YoY Revenue Growth in July
The annual sales growth for the 12 months through July 2023 is 6.2% percent, according to a HARDI news release.
Manufacturing
Article
DoE Allocates $15.5B to Retool Factories for EV Production
The U.S. Department of Energy announced opportunities to help manufacturers retool existing factories and transition to electric vehicles.
Economic Trends
Article
July U.S. Manufactured Goods Orders Fall 2.1%
New orders for manufactured goods in July decreased month over month to $12.7 billion, a 2.1% decline from June.

