Lev Peker joins DFS from the automotive aftermarket sector, where he led PartsID and CarParts.com.
Distribution Industry News
The threat of a recession also eased, with only 36% of CEOs expecting one within 12 to 18 months.
U.S. wholesale sales grew 0.3% in June compared to May.
ODP’s business solutions division, which serves mid-sized and large companies, generated $859 million in revenue in the quarter, a 6% decline from last year.
Financial terms were not disclosed, and the transaction remains subject to regulatory approval and customary closing conditions.
US Foods confirmed recent reports that it had approached rival Performance Food Group about a potential merger, though PFG has not shown interest.
Graybar’s robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning system.
The U.S. pharmaceutical segment, McKesson’s largest, posted $90 billion in revenue, up 25% from a year earlier.
Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.
The company has named Darren Bonnstetter as its new chief executive officer. He succeeds John McNeill, who is stepping down,
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the prior year.
While the merger took center stage, DNOW reported steady second-quarter and year-to-date financial results, reinforcing its ability to execute in a slower market environment.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
CEO D.G. Macpherson notes that Grainger’s global presence has been key to minimizing the risks associated with tariffs.
“We invest in acquisitions with talented associates, unique product offerings, and established customer and manufacturer relationships,” said Ferguson CEO Kevin Murphy.
One bright spot was the company’s cloud-based technology services, which continued to grow steadily as more dental offices adopt modern practice management platforms.
The drop was concentrated on durable goods, which saw orders fall 9.3% in June.
The Dallas-based electrical distributor, part of the UK-headquartered City Electrical Factors, is now in its sixth consecutive year of growth in the region.
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Lev Peker joins DFS from the automotive aftermarket sector, where he led PartsID and CarParts.com.
The threat of a recession also eased, with only 36% of CEOs expecting one within 12 to 18 months.
U.S. wholesale sales grew 0.3% in June compared to May.
ODP’s business solutions division, which serves mid-sized and large companies, generated $859 million in revenue in the quarter, a 6% decline from last year.
Financial terms were not disclosed, and the transaction remains subject to regulatory approval and customary closing conditions.
US Foods confirmed recent reports that it had approached rival Performance Food Group about a potential merger, though PFG has not shown interest.
Graybar’s robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning system.
The U.S. pharmaceutical segment, McKesson’s largest, posted $90 billion in revenue, up 25% from a year earlier.
Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.
The company has named Darren Bonnstetter as its new chief executive officer. He succeeds John McNeill, who is stepping down,
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the prior year.
While the merger took center stage, DNOW reported steady second-quarter and year-to-date financial results, reinforcing its ability to execute in a slower market environment.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
CEO D.G. Macpherson notes that Grainger’s global presence has been key to minimizing the risks associated with tariffs.
“We invest in acquisitions with talented associates, unique product offerings, and established customer and manufacturer relationships,” said Ferguson CEO Kevin Murphy.
One bright spot was the company’s cloud-based technology services, which continued to grow steadily as more dental offices adopt modern practice management platforms.
The drop was concentrated on durable goods, which saw orders fall 9.3% in June.
The Dallas-based electrical distributor, part of the UK-headquartered City Electrical Factors, is now in its sixth consecutive year of growth in the region.
Lev Peker joins DFS from the automotive aftermarket sector, where he led PartsID and CarParts.com.
The threat of a recession also eased, with only 36% of CEOs expecting one within 12 to 18 months.
U.S. wholesale sales grew 0.3% in June compared to May.
ODP’s business solutions division, which serves mid-sized and large companies, generated $859 million in revenue in the quarter, a 6% decline from last year.
Financial terms were not disclosed, and the transaction remains subject to regulatory approval and customary closing conditions.
US Foods confirmed recent reports that it had approached rival Performance Food Group about a potential merger, though PFG has not shown interest.
Graybar’s robust performance was supported in part by ongoing upgrades to its operations, including an initial rollout of a new enterprise resource planning system.
The U.S. pharmaceutical segment, McKesson’s largest, posted $90 billion in revenue, up 25% from a year earlier.
Stellar Industrial Supply distributes more than 90,000 MRO products and tools from over 1,500 brands across 18 regional hubs in the U.S.
The company has named Darren Bonnstetter as its new chief executive officer. He succeeds John McNeill, who is stepping down,
In the first half of the year, DXP generated $975.3 million in total sales, up 13.7% from $858.2 million in the prior year.
While the merger took center stage, DNOW reported steady second-quarter and year-to-date financial results, reinforcing its ability to execute in a slower market environment.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
CEO D.G. Macpherson notes that Grainger’s global presence has been key to minimizing the risks associated with tariffs.
“We invest in acquisitions with talented associates, unique product offerings, and established customer and manufacturer relationships,” said Ferguson CEO Kevin Murphy.
One bright spot was the company’s cloud-based technology services, which continued to grow steadily as more dental offices adopt modern practice management platforms.
The drop was concentrated on durable goods, which saw orders fall 9.3% in June.
The Dallas-based electrical distributor, part of the UK-headquartered City Electrical Factors, is now in its sixth consecutive year of growth in the region.