American Tire Distributors Files for Bankruptcy for 2nd Time in 6 …
2 days ago · Replacement tires supplier American Tire Distributors (ATD) filed for bankruptcy protection Oct. 22 for the second time in six years. Huntersville, NC-based ATD signed a restructuring support agreement (RSA) with a group of lenders collectively referred to as the “Ad Hoc Lender Group,” which represents 90% of its debt.
Here's Where Distributors Rank on Forbes’ 2023 List of America’s ...
5 days ago · Alongside producing MDM’s annual Top Distributors feature, I’m always on the lookout for other rankings lists that involve industrial, commercial and building supply distributors that are on MDM’s radar.. Forbes is a frequent source for these kinds of lists, as the global media company’s biggest claim to fame is its various lists of companies either by size or reputation.
The Top 50 B2B Marketplaces: A New Ranking
3 days ago · Alex Moazed founded Applico in 2009 when he was 20 years old and funded the company with his own credit cards. He co-authored the best-selling book, Modern Monopolies, which defines the platform business model dominating the 21st century economy.In his role as CEO, he oversees Applico’s advisory and capital businesses which sit at the intersection of technology and the supply chain; bringing ...
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2 days ago · Modern Distribution Management (MDM) provides high-level in-depth resources to executives in the wholesale distribution industry.
Report: GXO Logistics Exploring Potential Sale
Dec 20, 2024 · Featured image courtesy of GXO Logistics website. GXO Logistics is exploring a potential sale after receiving takeover interest, according to Bloomberg and Reuters, both citing “people familiar with the matter.”. The Greenwich, CN-based company is a logistics provider that spun off from trucking provider XPO Logistics in 2021.
MEIDOH Acquires Pilgrim Aerospace Fasteners
2 days ago · In a move that will diversify its offering, Japan-based fastener manufacturer MEIDOH acquired Pilgrim Screw Corp., which does business as Pilgrim Aerospace Fasteners.. Pilgrim is a manufacturer of screws, bolts, rivets, clevis pins, and other fasteners for the aerospace market, while MEIDOH is the premier supplier of bolts to Toyota, …
Performance Food Group to Acquire Cheney Bros. for $2.1B
2 days ago · Food and foodservice distributor Performance Food Group is set to significantly expand its presence in the U.S. Southeast by acquiring Cheney Brothers, Inc., as the company announced a pending deal Aug. 14 along with reporting its 2024 fourth quarter and full-year financial results.
Report: QXO Offers to Buy Beacon - Modern Distribution …
2 days ago · QXO has made an offer to acquire roofing products and other building materials distributor Beacon Roofing Supply, according to a Wall Street Journal report that cited people familiar with the matter.. Herndon, VA-based Beacon — No. 5 on MDM’S Top Distributors List for Building Materials/Construction — has a market value of approximately $6.2 billion, with its share price up 14% this year.
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Subscribe to MDM’s free Update newsletter and start your journey. Update will equip you with the business intelligence you need to make informed decisions and grow your distribution business. Experience, Tools & Education That Bring Out Your Best Modern Distribution Management is the leading research, analytical and educational provider in wholesale distribution, with a proven […]
The Pros and Cons of Cost-Based Pricing & Other Pricing Strategies
3 days ago · When it comes to pricing anything (B2B, B2C, product or service), there are three key strategies to achieve price optimization.