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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.
Amazon calls it a significant expansion of “physical AI.”
Distributors have access to a growing number of new technologies that enable them to work more efficiently and better understand their customers.
CEO Bob Espey said Parkland’s “diversified business and strong operational execution” leave it well positioned as it combines with Sunoco.