Distribution Industry News

Goldman Sachs now expects Brent crude to average $105 in March and $115 in April following disruptions to the Strait of Hormuz, prompting it to raise inflation forecasts and trim growth expectations.

Core & Main expects fiscal 2026 sales of $7.8 billion to $7.9 billion, representing projected growth of 2% to 3%.

The Atlanta-based distributor said Naveen Krishna, executive vice president and chief information and digital officer, notified the company of his intent to resign to pursue other opportunities.

CMMC has become a gating requirement for suppliers seeking to participate in parts of the federal procurement ecosystem.

The Chapter 11 case is expected to proceed as a liquidation, with remaining assets distributed to creditors.

Member purchases from NetPlus suppliers and wholesalers rose 8% in the fourth quarter and 9.4% for the full year, exceeding $600 million.

The sites, set to open in 2026, will add more than 7 million square feet of capacity focused on handling high-value equipment such as servers, power systems, and networking hardware.

Strategic acquirers accounted for 85% of transactions, indicating that consolidation continued, but with tighter screening.

For distributors, the changes could lead to less predictable pricing, especially in rural areas, and increased competition for delivery capacity.

Greenwald Supply Direct supplies concrete, masonry and general contractors with building materials, safety products, and job site supplies.