The transaction, announced Monday, was funded entirely with cash on hand.
Distribution Industry News
AI360, a generative-AI-powered sales platform, is now used by 90% of sales consultants.
For the three months ending Sept. 28, SiteOne generated about $1.26 billion in sales, a 4% from a year earlier.
Grainger recorded Q3 sales of $4.657 billion, up 6.1% over the prior year.
For the quarter ending Sept. 30, revenue rose 10.7% to $517.96 million from $468.02 million a year earlier.
For the quarter ending Sept. 30, sales rose 12.9% to $6.2 billion, up from $5.49 billion a year earlier.
The merger is expected to generate about $120 million in annual synergies.
FleetPride and TruckPro will operate a network of over 450 locations.
The distributor said sales rose 3.3% in the third quarter to $353.6 million, marking its second straight period of revenue growth.
The technology distributor reported revenue of $5.9 billion for the quarter ending Sept. 27.
PETL specializes in dielectric testing that verifies the safety and reliability of electrical protective gear.
The Cleveland-based distributor said revenue for the quarter ending Sept. 30 rose 9% from a year earlier to $1.2 billion.
QXO reported a net loss of $139 million but said that, excluding one-time costs, it earned $121 million during the quarter.
CEO Bob Espey said Parkland’s “diversified business and strong operational execution” leave it well positioned as it combines with Sunoco.
Matt Ehrman, a veteran of the security, distribution, and retail industries, will oversee purchasing, forecasting, and vendor negotiations in his expanded role.
Increasingly, ecommerce is a mainstream sales channel for distributors.
The program, integrates Hub Group’s nationwide truckload, less-than-truckload (LTL), and final mile network with Essendant’s existing warehouses.
Daryn Cherry joins mSupply from industrial distributor WinSupply, where he spent more than a decade and most recently served as director of e-business.
McIsaac, who became COO in 2024, will take over in January.
For the full fiscal year, MSC reported net sales of $3.77 billion, a 1.3% decline from fiscal 2024’s $3.82 billion.
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The transaction, announced Monday, was funded entirely with cash on hand.
AI360, a generative-AI-powered sales platform, is now used by 90% of sales consultants.
For the three months ending Sept. 28, SiteOne generated about $1.26 billion in sales, a 4% from a year earlier.
Grainger recorded Q3 sales of $4.657 billion, up 6.1% over the prior year.
For the quarter ending Sept. 30, revenue rose 10.7% to $517.96 million from $468.02 million a year earlier.
For the quarter ending Sept. 30, sales rose 12.9% to $6.2 billion, up from $5.49 billion a year earlier.
The merger is expected to generate about $120 million in annual synergies.
FleetPride and TruckPro will operate a network of over 450 locations.
The distributor said sales rose 3.3% in the third quarter to $353.6 million, marking its second straight period of revenue growth.
The technology distributor reported revenue of $5.9 billion for the quarter ending Sept. 27.
PETL specializes in dielectric testing that verifies the safety and reliability of electrical protective gear.
The Cleveland-based distributor said revenue for the quarter ending Sept. 30 rose 9% from a year earlier to $1.2 billion.
QXO reported a net loss of $139 million but said that, excluding one-time costs, it earned $121 million during the quarter.
CEO Bob Espey said Parkland’s “diversified business and strong operational execution” leave it well positioned as it combines with Sunoco.
Matt Ehrman, a veteran of the security, distribution, and retail industries, will oversee purchasing, forecasting, and vendor negotiations in his expanded role.
Increasingly, ecommerce is a mainstream sales channel for distributors.
The program, integrates Hub Group’s nationwide truckload, less-than-truckload (LTL), and final mile network with Essendant’s existing warehouses.
Daryn Cherry joins mSupply from industrial distributor WinSupply, where he spent more than a decade and most recently served as director of e-business.
McIsaac, who became COO in 2024, will take over in January.
For the full fiscal year, MSC reported net sales of $3.77 billion, a 1.3% decline from fiscal 2024’s $3.82 billion.
The transaction, announced Monday, was funded entirely with cash on hand.
AI360, a generative-AI-powered sales platform, is now used by 90% of sales consultants.
For the three months ending Sept. 28, SiteOne generated about $1.26 billion in sales, a 4% from a year earlier.
Grainger recorded Q3 sales of $4.657 billion, up 6.1% over the prior year.
For the quarter ending Sept. 30, revenue rose 10.7% to $517.96 million from $468.02 million a year earlier.
For the quarter ending Sept. 30, sales rose 12.9% to $6.2 billion, up from $5.49 billion a year earlier.
The merger is expected to generate about $120 million in annual synergies.
FleetPride and TruckPro will operate a network of over 450 locations.
The distributor said sales rose 3.3% in the third quarter to $353.6 million, marking its second straight period of revenue growth.
The technology distributor reported revenue of $5.9 billion for the quarter ending Sept. 27.
PETL specializes in dielectric testing that verifies the safety and reliability of electrical protective gear.
The Cleveland-based distributor said revenue for the quarter ending Sept. 30 rose 9% from a year earlier to $1.2 billion.
QXO reported a net loss of $139 million but said that, excluding one-time costs, it earned $121 million during the quarter.
CEO Bob Espey said Parkland’s “diversified business and strong operational execution” leave it well positioned as it combines with Sunoco.
Matt Ehrman, a veteran of the security, distribution, and retail industries, will oversee purchasing, forecasting, and vendor negotiations in his expanded role.
Increasingly, ecommerce is a mainstream sales channel for distributors.
The program, integrates Hub Group’s nationwide truckload, less-than-truckload (LTL), and final mile network with Essendant’s existing warehouses.
Daryn Cherry joins mSupply from industrial distributor WinSupply, where he spent more than a decade and most recently served as director of e-business.
McIsaac, who became COO in 2024, will take over in January.
For the full fiscal year, MSC reported net sales of $3.77 billion, a 1.3% decline from fiscal 2024’s $3.82 billion.