U.S. manufacturing activity contracted for the third straight month in May as the ISM’s PMI dipped, falling short of expectations amid ongoing demand weakness.
U.S. wholesale inventories were flat in April, missing expectations, while the trade deficit narrowed sharply on a steep drop in imports.
The truck parts distributor and remanufacturer is shutting down after failing to find a buyer, with over 200 layoffs planned across multiple states.
A federal trade court blocked most of Trump’s tariffs late on May 28, only to be temporarily reinstated the next day.
U.S. GDP remained in contraction territory staying as declines in imports and consumer and government spending offset gains in investment and exports.
Motion has opened its first Canadian Conveyance Solutions shop in Calgary to expand service capabilities across Western Canada.
Consumption increased during March 2025 trail year-ago levels, reflecting persistent year-over-year declines.
Staples is implementing the Manhattan Active Warehouse Management system across its U.S. fulfillment centers to enhance operational efficiency, and the company shared updated stats on its warehouse network.
U.S. durable goods orders declined in April for the first time in four months, led by a sharp drop in transportation equipment.
Chris Baby is transitioning to an M&A and advisory role after 15 years leading the PPE manufacturer.
The fasteners distributor promoted from within for its new chief executive, who steps in immediately.
Heusinkveld and Cavossa come to F.W. Webb as the wholesale supplier makes other significant additions to its leadership team.
