Distribution Industry News

The acquisition extends the reach of SRS Distribution, which operates more than 1,250 locations across North America.

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.