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Today in Distribution

The complete daily resource for distribution professionals

Ingersoll-Rand Q4 Sales, Profit Soar

January 30, 2015 9:58 am | by Mike Hockett, Associate Editor

Ingersoll Rand's Q4 net earnings more than quadrupled, helped by a drastic reduction in restructuring costs.                                         

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ID's Top 5 Of The Week

January 30, 2015 9:32 am | by Mike Hockett, Associate Editor

Quarterly financial earnings news from several Big 50 companies were big items this week, as many companies have been releasing their sales and profit numbers during this one month period after the new year.           

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Amazon Q4 Sales Jump, Profit Better Than Expected

January 29, 2015 5:03 pm | by Mike Hockett, Associate Editor

The e-commerce giant's investment in Amazon Prime appears to be paying off in terms of sales, though continued heavy spending in projects kept its profit margins down.                       

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Amazon Introduces Business Email Service

January 29, 2015 4:02 pm | by Mike Hockett, Associate Editor

For $4 per inbox, users can use WorkMail to power their existing email service, such as Outlook.                                            

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Timken Q4 Profits Jump

January 29, 2015 11:20 am | by Mike Hockett, Associate Editor

Growth in the company's Process Industries segment drove growth, offset by planned program exits in its Mobile Industries segment.                                   

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Kennametal Posts Q2 Loss, Slashes Outlook

January 29, 2015 10:41 am | by Mike Hockett, Associate Editor

Quarterly revenues missed Wall Street expectations by 4.1 percent as the company noted a restructuring initiative.                                       

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WESCO Reports Record Growth, Eyes Expansion

January 29, 2015 10:12 am | by Mike Hockett, Associate Editor

In Q4, the company had its highest quarter growth rate since Q2 2012, and CEO John Engel touched on WESCO's commitment to expand in 2015.                                 

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Alibaba Q4 Sales Rise, Profits Fall Amid Counterfeit Allegations

January 29, 2015 9:45 am | by Mike Hockett, Associate Editor

Lower than expected holiday sales dragged down quarterly profit, while the e-tailer faces accusations of illegal activity on its websites.                                

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Applied Industrial Reports Big Q2 Sales Gain

January 29, 2015 9:18 am | by Mike Hockett, Associate Editor

Acquisition volume helped Applied's sales growth nearly reach 20 percent, while the company noted low oil prices has created challenges.                                 

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NAED Education & Research Foundation Expands Educational Offering

January 28, 2015 1:51 pm | by NAED

Two new online courses teach how to grow staff expertise, and increase customer profitability.                                             

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Airmaster Names New VP Of Sales & Marketing

January 28, 2015 12:39 pm | by Airmaster

Ed Laabs brings more than 29 years of national industrial leadership experience into the role.                                             

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Agreement Made On Key Issue In Port Labor Dispute

January 28, 2015 10:32 am | by Andrew Szal, Digital Reporter, Industrial Distribution

The new agreement addresses who maintains and repairs the truck beds used to haul containers of cargo from dockside yards to distribution warehouses.                             

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Praxair Q4 Sales, Profit Down

January 28, 2015 10:13 am | by Mike Hockett, Associate Editor

Venezuela currency deflation had a large negative impact on Q4 net profit, while North American sales had a modest increase.                                    

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ABC Supply Signs Distribution Partnership With AVM Industries

January 28, 2015 9:30 am | by Mike Hockett, Associate Editor

ABC Supply will distribute AVM products throughout their West Coast locations.                                                 

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NAED Names Incoming Western Region VP-Elect

January 27, 2015 4:14 pm | by NAED

Leibold will serve on the NAED Board of Directors, and help lead the region’s conferences, council meetings, and other events.                                   

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Atlas Copco Ranked Top Sustainable Machinery Company

January 27, 2015 4:03 pm | by Atlas Copco

Appearing on annual Global 100 list for the ninth time, Atlas Copco's ranking is up 23 spots from last year overall, and is No. 1 in the machinery industry.                           

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Graco's Healthy Industrial Sales Boost Q4, Year-End Profits

January 27, 2015 3:16 pm | by Mike Hockett, Associate Editor

Sales increased across all Graco's reportable segments and regions, though the company noted movement in foreign currencies could hamper earnings in 2015.                           

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Walter Surface Tech. Appoints New Walter Mexico GM

January 27, 2015 2:53 pm | by Walter Surface Technologies

Pablo Rivero Torres will have general management responsibility for sales, marketing, operations and services in Mexico.                                     

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Illinois Tool Works Reports Q4, 2014 Sales Figures

January 27, 2015 12:17 pm | by Mike Hockett, Associate Editor

ITW said foreign currency pressures weighed on its sales in the most recent quarter, although its profit spiked as costs went down.                                  

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3M Achieves Record Q4, Full-Year Sales

January 27, 2015 10:26 am | by Mike Hockett, Associate Editor

The company's 2014 net income nearly hit $5 billion, while its Industrial segment saw a modest Q4 sales increase.                                       

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