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Fastenal Sales And Sales Hiring Continue Rise In April

May 5, 2015 | by Mike Hockett, Associate Editor | Comments

The company had a healthy year-over-year sales increase, while its selling personnel increased by more than 100 in the month.

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Today in Distribution

The complete daily resource for distribution professionals

ThomasNet, ISM Re-launch “30 Under 30 Rising Supply Chain Stars” Program

May 5, 2015 4:44 pm

The success of the inaugural program, which generated hundreds of nominations and created a groundswell of industry support, inspired the organizations to continue it this year.

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U.S. Trade Deficit Jumps To Six-Year High Of $51.4B

May 5, 2015 1:43 pm | by Martin Crutsinger, AP Economics Writer

Economists had expected the March deficit to expand, reflecting the resolution of labor disputes which had slowed shipments at West Coast ports. But the deficit was bigger than expected and will likely shrink an already anemic first quarter of economic growth.

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ISM: Manufacturing Remains Steady, Hiring Slows

May 5, 2015 1:39 pm | by Jon Minnick, Associate Editor

Economic activity in the manufacturing sector expanded in April for the 28th consecutive month, and the overall economy grew for the 71st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

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Spending Cuts Hurt Emerson Q2 Sales, Profits Spike

May 5, 2015 9:20 am | by Mike Hockett, Associate Editor

The company said global customers in the energy-related oil and gas markets reduced spending faster than anticipated due to declining oil prices and the strength of the U.S. dollar.

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Ridley's Earns NISSCO Distributor Of The Year Award

May 4, 2015 1:28 pm | by Ridley's Vacuum and Janitorial

Ridley's Vacuum and Janitorial was awarded the top honor at the recent 2015 Buying Conference held by NISSCO, an association of independent distributors of jan/san, packing, safety, maintenance supplies, and more.

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Capital Safety Acquires Python Safety

May 4, 2015 1:19 pm | by Capital Safety

The acquisition joins a well-known provider of fall protection with a manufacturer of drop prevention for tools and equipment.

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U.S. Factory Orders Rise In March For First Time In Eight Months

May 4, 2015 1:14 pm | by Martin Crutsinger, AP Economics Writer

Economists are hoping that U.S. manufacturing is beginning to emerge from a long soft patch, bolstered by stronger domestic demand that will offset ongoing weakness in exports.

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Infographic: America's Most Dangerous Jobs

May 4, 2015 1:05 pm | by Graphic Products

Graphic Products has compiled this rundown of “America’s Most Dangerous Jobs,” an eye-opening infographic detailing average fatalities per 100,000 workers and median salaries per profession.

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F.W. Webb Purchases New Jersey's Grant Supply

May 4, 2015 10:05 am

The addition gives F.W. Webb a greater offering of PVF products in the northeast, including three locations now in New Jersey.

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Democrats Call For $12 Minimum Wage

May 4, 2015 9:22 am | by Andy Szal, Digital Reporter

The proposal would also index that threshold to the median wage in future years and eliminate an exemption for tipped workers.

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Interline Brands Boosts Q1 Sales, Reduces Profit Loss

May 1, 2015 10:10 am | by Mike Hockett, Associate Editor

Having recently consolidated five of its brands into newly-launched SupplyWorks, Interline grew sales to institutional facilities customers by nearly 6 percent.

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MRC Global Q1 Sales Dip, Profit Rises

May 1, 2015 9:48 am | by Mike Hockett, Associate Editor

MRC's quarter included organic growth of 21 percent in U.S. sales, which was offset by an overall decrease in upstream sales from reduced customer spending.

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Northern Safety Given Supplier Award By Eastman Chemical

April 30, 2015 1:36 pm | by Northern Safety & Industrial

Eastman's Supplier Excellence Award recognizes suppliers who demonstrate consistency and high performance in metrics such as on-time delivery, conformance to specifications, and continual improvement efforts.

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Industrial Careers Pathway Ambassador Reaches Young People Through Facility Tours

April 30, 2015 12:54 pm | by PTDA Foundation

ICP has launched an initiative to encourage volunteer ICP Ambassadors to host facility tours for students as a way to make young people aware of the careers awaiting them in the industrial distribution field.

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Timken Reports Q1 Earnings, Expands Roller Bearing Offering

April 30, 2015 12:48 pm | by Mike Hockett, Associate Editor

Negative currency effects and declines in aerospace, agriculture, and automotive aftermarket demand drove down Timken's Mobile Industries segment.

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Rexel Sells Latin America Operations To Sonepar

April 30, 2015 12:16 pm | by Rexel

Rexel said its value-creation prospects in Brazil no longer fit its initial growth expectations, while the market in Chile and Peru remains small, leading to the Latin discontinuation.

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Affliated Distributor Member Sales Up 7 Percent In Q1

April 30, 2015 11:25 am

2015 first quarter sales were just shy of $8 billion as AD added 12 new members with 51 branches in the period, along with expanding into the bearings and power transmission market.

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Sales Force Training Hampers Lawson Products Q1 Earnings

April 30, 2015 10:01 am | by Mike Hockett, Associate Editor

Lost productivity due to enhancing its sales force hampered Lawson's first quarter sales impact, though the company is confident it will pay off in the long run.

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Airgas Reports 2015 Q4, Full Year Earnings

April 30, 2015 9:45 am | by Mike Hockett, Associate Editor

Airgas attributed a slight profit decrease to falling oil prices and the strong dollar, while quarterly and full year sales still posted modest gains.

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Applied Industrial Posts Double-Digit Q3 Sales Growth

April 30, 2015 9:18 am | by Mike Hockett, Associate Editor

Applied had another big quarter despite currency headwinds, with its nine-month sales now at a 15 percent year-over-year increase.

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