Michelle Chapman

AP Business Writers
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May 1, 2025
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QXO Makes $5B Bid for Another Building Materials Distributor
June 19, 2025
Winsupply N Richmond President Matt Jones.
Winsupply Adds New Virginia Subsidiary
June 19, 2025
Sellars CEO Tom Sellars at a ribbon-cutting ceremony for the company's new production facility, Milwaukee, June 17, 2025.
Sellars Opens New Production Facility
June 18, 2025
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Martin Inc. Announces Passing of Executive Vice President Marc Strandquist
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Today in Industrial Distribution to Return July 10
Making Your Supply Chains More Efficient
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Making Your Supply Chains More Efficient
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Logistics
UPS to Cut 20,000 jobs, Close Some Facilities
The company is drastically reducing the amount of Amazon shipments it handles.
April 29, 2025
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Earnings
Home Depot Breaks Same-Store Sales Slump
Customer demand improved in the retailer's latest fiscal quarter.
February 25, 2025
A Honeywell plant in Phoenix, April 4, 2020.
Operations
Activist Investor Takes Stake in Honeywell, Calls for Split
Elliott Investment Management says the conglomerate should be split into two separate companies.
November 12, 2024
A Home Depot store in the Van Nuys section of Los Angeles, July 24, 2023.
Earnings
Home Depot Results Top Expectations as Consumer Spending Pullback Eases
Total revenue was up, but sales at stores open at least a year slipped 1.3%.
November 12, 2024
Esmark headquarters, Sewickley, Pa., Aug. 16, 2023.
Operations
SEC Settles with Manufacturer, Chairman Over False Offer for U.S. Steel
Esmark did not have the financial means to meet its buyout offer.
September 9, 2024
A Home Depot store in Niles, Ill., Feb. 19, 2022.
Earnings
Home Depot, Sensing Uneasy Vibe from Homeowners, Contractors, Trims Outlook
The retailer's second-quarter sales rose slightly following its $18 billion acquisition of SRS Distribution.
August 13, 2024
A delivery vehicle passes by a UPS depot, New York, June 29, 2023.
Logistics
UPS Boosts U.S. Volume, but Profit and Revenue Slide
The package delivery company returned to growth in the U.S. for the first time in nine quarters.
July 25, 2024
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Supply Chain
Amazon Shifting to Recycled Paper Filling for Packages
So long, plastic air pillows.
June 20, 2024
Jason Anthony, an Amazon worker and union organizer, outside the National Labor Relations Board office in New York, May 2, 2022.
E-Commerce
Amazon Union Votes to Align with Teamsters
The move gives the union access to additional resources as it works toward a contract with the e-commerce giant.
June 18, 2024
Home Depot store in Niles, Ill., Feb. 19, 2022.
Earnings
Home Depot's Sales Continue to Soften
Inflation and a delayed start to spring weighed on its quarterly sales numbers.
May 14, 2024
A delivery vehicle passes by a UPS depot in New York, June 29, 2023.
Logistics
UPS to Provide Air Cargo for U.S. Postal Service
The USPS’s current air cargo contract with FedEx is set to expire later this year.
April 2, 2024
I Stock 1373031925
Mergers & Acquisitions
Home Depot to Acquire SRS Distribution in $18B Deal
It's the home improvement giant's largest acquisition to date.
March 28, 2024
Shopping carts outside a Home Depot in Philadelphia, Sept. 21, 2022.
Earnings
Home Depot's Strong Quarter Overshadowed by Weakening Sales, Expectations for '24
The country's largest home improvement retailer is feeling the impact of high mortgage rates and inflation.
February 20, 2024
A UPS truck on a street in New York, May 11, 2023.
Logistics
UPS Says it's Eliminating About 12,000 Jobs
The parcel giant is also looking at options for its Coyote truck load brokerage business.
January 30, 2024