Meanwhile, about one-third reported decreased gross margins because of supplier price increases and other cost pressures.
The AMT said the U.S. west region saw monthly orders surge 60% from September.
Core inflation edged up 0.3% month-to-month and ended November up 4% from a year earlier.
QXO intends to rapidly scale as a key distribution market player, eyeing $5 billion in annual revenue within three years of launching.
In 2024, Amazon’s fees will amount to an average increase of 15 cents per unit sold by third-party sellers on its platform.
The September figure was also revised downward.
The NAW Executive Summit’s marquee of speakers includes Robert Gates, the former Secretary of Defense and Director of Central Intelligence.
The specialty building products distributor GMS said its net sales, income and EBITDA results were ahead of previous expectations.
Year-over-year daily sales growth doubled that of October, but the company’s November-December sales figures are known to be volatile.
Get a recap of which companies and individuals were honored at the buying group’s AD North American Electrical Meeting in mid-October.
It adds branches in Dallas and Houston to NEFCO’s 37 locations nationwide.
A new 57,000-SF warehouse branch supplements three other locations in the Carolinas.
