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The complete daily resource for distribution professionals

New UPS CEO Backs Trade Agreements

July 16, 2014 11:15 am | by Kathleen Foody, Associated Press

Operations of the package-delivery giant UPS won't change dramatically under its incoming CEO, the recently named executive said this week.                   


Albemarle To Buy Rockwood In $6.2B Deal

July 16, 2014 11:10 am | by The Associated Press

Specialty chemicals company Albemarle is buying counterpart Rockwood Holdings Inc. in a cash-and-stock deal valued at about $6.2 billion.                   


KNIPEX Tools Joins NetPlus Alliance

July 16, 2014 11:04 am | by KNIPEX

KNIPEX Tools announces that it joined NetPlus Alliance, a buying group for industrial and contractor supply distributors.                      


APR Supply Co. To Acquire W.G. Balph Company

July 16, 2014 10:42 am

W.G. Balph Company is a plumbing, heating and HVAC distributor founded in 1926 by Bill Ralph.                           


IndustryHuddle Gains 15,000 Users, Improves User Interface

July 16, 2014 10:34 am | by Industry Huddle

Cincinnati-based social trade network is proud to announce it has added several new features including a revamped jobs platform where users can post and apply for job listings that tie in with one of the world’s largest online job portals.


3M To Buy Subsidiary Stake

July 16, 2014 10:28 am | by The Associated Press

3M will take full control of its Sumitomo subsidiary by acquiring the 25 percent of the company that it doesn't already own for $885 million.                  


Oil Price Rises After China Growth Ticks Higher

July 16, 2014 10:25 am | by Pablo Gorondi, Associated Press

Oil prices rose Wednesday after China reported a slight improvement in economic growth for the second quarter that allayed fears its slowdown was continuing.                


U.S. Factory Output Rises For 5th Straight Month

July 16, 2014 10:21 am | by Christopher S. Rugaber, AP Economics Writer

U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture.                   


Affiliated Distributors Selects Noesis Energy To Help Members

July 16, 2014 10:18 am | by PRNewswire

Noesis Energy, the fastest-growing savings and financing platform for energy efficiency projects, has been selected by Affiliated Distributors to help its members close more energy efficiency projects.        


HighJump Software Acquired By Rival Accellos

July 16, 2014 10:12 am

HighJump Software, a Bloomington, MN firm that pioneered warehouse management and logistics software, has been acquired by a Colorado-based rival, Accellos Software.              

TOPICS: Launches Price Comparison Service PriceJump

July 15, 2014 11:01 am | by PRNewswire is launching PriceJump, a new service that instantly compares Amazon product prices to prices around the web, dispelling the myth that Amazon always offers the best deals.           


HEXPOL Acquires Kardoes Rubber

July 15, 2014 10:52 am | by Business Wire

HEXPOL has signed an agreement to acquire the business of Kardoes Rubber Co. from the founder Mr. Frank Kardoes and his family.                     


Report Ranks Countries Based On Global E-Trade Readiness

July 15, 2014 10:36 am | by Business Wire

A new index published by The Economist Intelligence Unit shows that Australia is the best positioned among the G20 to capitalize on global e-trade opportunities.               


Kaman Receives $8.5M Follow-On Order

July 15, 2014 10:31 am

Bloomfield aerospace manufacturer-distributor Kaman Corp. said the U.S. Air Force has ordered an additional batch of bomb fuzes worth $8.5 million.                 


Hurco Files CNC-Based 3D Printing Patent Application

July 15, 2014 10:27 am | by Globe Newswire

Hurco Companies, Inc. has announced the company recently filed a U.S. patent application for new technology combining 3D printing and CNC machining.                 


Gov't Sets Duties On Steel Pipe Imports

July 15, 2014 10:22 am | by The Associated Press

The U.S. government has imposed duties on imports of steel pipe from South Korea, India and seven other countries, ruling in favor of U.S. steel producers and unions that had complained those countries were unfairly flooding the American market.


WTO Sides With China And India In U.S. Trade Disputes

July 15, 2014 10:18 am | by The Associated Press

The world trade body has ruled against the United States in two disputes with India and China, telling the U.S. government it must abide by international rules.               


Alcoa Signs $1.1B Deal For Jet Engine Parts

July 15, 2014 10:16 am | by The Associated Press

The Pittsburgh-based aluminum company has been moving away from mining and smelting aluminum to focus on selling parts used to build planes and cars.                 


Amazon Asks FAA For Drone Permissions

July 15, 2014 10:11 am | by Mae Anderson, AP Business Writer

Amazon is asking the Federal Aviation Administration permission to use drones as part of its plan to deliver packages to customers in 30 minutes or less.                


Binkelman Acquires Bornell Supply

July 14, 2014 10:10 am

Binkelman Corporation is pleased to announce the acquisition of Bornell Supply with locations in both Lima and Piqua, Ohio.                     



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