The U.S. market, which generates more than 95% of Ferguson’s total revenue, remained the primary growth driver.
US Foods reduced injury and accident rates by 19% compared to 2023 and delivered 70,000 individual development opportunities.
While 35% of respondents are looking to reduce their reliance on Chinese suppliers, 20% plan to raise prices specifically on Chinese goods.
A top priority for Angie Brown will be expanding AI applications across the enterprise to create faster and smarter customer experiences for Pro customers.
The Denver site launch follows the company’s recent rebranding from Marcone to mSupply, a move intended to reflect its expansion beyond appliance repair parts into multiple trades.
The deal marks one of the largest energy mergers and signals Parkland’s transformation into a continental powerhouse.
Chief financial officer Raj Agrawal acknowledged that new U.S. tariffs could introduce added complexity to component sourcing and pricing.
The company announced a comprehensive overhaul of its distribution network, the first of its kind in over six decades.
For U.S. distributors, this about-face is more than a legal technicality—it’s a major disruption to strategic plans that were already in motion.
Despite its longstanding presence and industry reputation, TransAxle was unable to secure a buyer to continue its operations.