The threat of disruptions at West Coast ports has receded as dockworkers and port employers reached a tentative agreement on a new contract.
Economic Trends
Article
May Producer Prices Eased Sharply to 1.1%
The news comes the same day as the Federal Reserve announces that interest rates will remain unchanged for now.
Operations
Article
Grainger to Lease Large Warehouse Near Charlotte
Grainger will house an industrial supply bulk warehouse facility at a newly developed logistics park in Pineville, North Carolina, by 2024.
Economic Trends
Article
CPI: Consumer Inflation Cooled to 4% in May
The index for shelter was the largest contributor to the monthly all items increase, according to the Bureau of Labor Statistics.
Operations
Article
West Coast Port Labor Talks Draw White House Involvement
Despite the dockworkers’ union saying work continues during labor talks, employers are highlighting disruptive actions slowing operations.
Emerging Markets
Article
Turtle Partners with Catalyze to Expand in Renewable Energy
It will expand Turtle’s availability of energy-efficient solutions to commercial and industrial entities and help them achieve ESG goals.
Operations
Article
Bosch to Expand NC Power Tools Plant in $130M Investment
The new jobs include minimum average yearly wages of $53,204, which is above the Lincoln County average of $49,332.
Economic Trends
Article
April Wholesale Revenues, Inventories Dip Month-to-Month
Sales of merchant wholesalers, after adjustment for seasonal variations and trading day differences but not for price changes, were $652.8 billion.
Public Policy
Article
New White House Website Maps Manufacturing, Infrastructure Projects
Distributors keeping a close eye on major projects that could impact product demand may benefit from a new government website mapping investments.
Economic Trends
Article
U.S. Metalworking Orders Plunge in April
New orders of manufacturing technology totaled $336.7 million, according to the latest U.S. Manufacturing Technology Orders Report.
Earnings
Article
UNFI Lowers Outlook After 3Q Profits Drop
UNFI’s net income decreased 89.6% to $7 million, the Providence, Rhode Island-based company said.
Operations
Article
ISA Offers Sessions on Demystifying Omnichannel Experience
MDM Executive Editor Mike Hockett will serve as a panelist on two of the Industrial Supply Association’s ominchannel experience sessions.

