The expanded program is intended to support contractors beyond the purchase of building materials by providing savings on operating expenses and access to business management tools.
On a three-month moving average basis, the trade deficit increased to $62.9 billion, as import growth continued to outpace exports.
Together, the additions broaden the marketplace across 200 product categories, including electrical, industrial, information technology, laboratory supplies, foodservice equipment, facility maintenance, and workplace furnishings.
The May report suggests weather will play an outsized role in determining HVAC distributor performance through the remainder of the summer.
For distributors, the European launch reflects the accelerating adoption of embedded AI within ERP platforms, with capabilities aimed at improving inventory planning, sourcing, fulfillment, financial workflows, and operational decision-making from within existing enterprise systems.
The webinar will reveal the Platinum, Gold, and Silver honorees, explain the research methodology and highlight the characteristics shared by the industry’s AI leaders.
Wholesale trade was among 14 industries reporting growth during June, joining transportation and warehousing, construction, utilities, retail trade and information services.
The acquisitions expand Road Warrior’s distribution footprint while adding repair, tire, and mobile service capabilities in several regional transportation markets.
The transaction is the latest in a series of acquisitions across the waterworks distribution sector as distributors expand geographically and add specialized service capabilities to support municipal infrastructure investment.
The acquisition expands Schneider Electric’s presence in the fast-growing industrial AI software market, where manufacturers are increasingly adopting AI to improve equipment reliability, optimize production and reduce operating costs.