-
Welcome to Auto Parts Forum
Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn.
Shipping for Distribution
-
Similar Topics
-
By Counterman
ZF Aftermarket and HDA Truck Pride announced a partnership to distribute WABCO products to the CV independent aftermarket. The announcement comes as both companies exhibit at Heavy Duty Aftermarket Week (HDAW) 2025 in Grapevine, Texas.
According to ZF, the partnership expands access to the full line of WABCO products for commercial vehicles – including air compressors, air dryers, trailer anti-lock braking systems (ABS), wheel-end solutions and more – to the independent aftermarket through HDA Truck Pride’s extensive distributor network. WABCO’s broad portfolio of innovative solutions improve the safety, efficiency and intelligence of commercial vehicles, at all stages of the vehicle lifecycle, the company said.
“We are excited to partner with HDA Truck Pride, a premier marketing group, to make WABCO products more readily available in the independent aftermarket,” said Steve Bashir, commercial vehicle business leader,
link hidden, please login to view. “With ZF Aftermarket brands TRW and SACHS already available through the HDA Truck Pride Network, we are strengthening our commitment to offer a full range of genuine OE products, remanufactured solutions and quality aftermarket parts to support distributors, fleets and vehicle owners across North America.” “
link hidden, please login to view is dedicated to delivering unmatched value and service to our customers,” said Tina Hubbard, president and CEO of HDA Truck Pride. “Partnering with ZF Aftermarket to make WABCO products available to our distribution network strengthens our value proposition and optimizes our customers’ market presence to drive success.” The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By APF
Advance Auto Parts today announced with their Q3 release a new strategic plan that includes a reduction in U.S. footprint:
Store operations Reduction in U.S. asset footprint - closing 523 Advance corporate stores, exiting 204 independent locations, and closing four distribution centers. Standardization of store operating model and improving labor productivity. Acceleration in pace of new store openings. Merchandising excellence Strategic sourcing to improve first costs and bring link hidden, please login to view to market faster. Assortment management to enhance availability of link hidden, please login to view. Pricing and promotions management to improve gross margin. Supply chain Consolidation of distribution centers to operate 13 large facilities by 2026. Opening of 60 market hub locations by mid-2027. Optimization of transportation routes and freight to lower costs and improve productivity.
-
By Counterman
link hidden, please login to view announced the launch of link hidden, please login to view, a new automotive aftermarket distribution platform. The launch coincides with Driven Distribution Group’s acquisition of the auto parts and accessories distribution business of Chicago Parts & Sound, following the recapitalization of Tri-State Enterprises, Inc. in November 2023. Financial terms of the transaction were not disclosed. By bringing together CPS and Tri-State under the Driven Distribution Group umbrella, HCI said it “aims to establish a leading platform in the automotive aftermarket industry by equipping its brands with shared resources, strategic vision, investment and advanced technology to enable its companies to deliver best-in-class customer service.” Both CPS and Tri-State will continue to operate under their respective brands, while benefiting from the shared resources of the Driven Distribution Group platform.
“We are thrilled to welcome the CPS team to the Driven Distribution platform. Consistent with our original platform thesis, CPS represents a geographically strategic beachhead in the Midwest and is a great complement to Tri-State’s existing product categories. We look forward to working together to achieve our shared vision for growth,” said Scott Gibaratz, partner at HCI.
Chicago Parts & Sound, based in Elk Grove Village, IL, with additional locations in Illinois and Wisconsin, is a warehouse distributor focused on automotive aftermarket parts, batteries, consumables, and accessories. The company serves auto dealerships, independent repair shops, municipalities/governments and company fleets.
Bob Lederer, co-owner of CPS, said, “the growth of Tri-State Enterprises parallels that of CPS – just in a different part of the country. Opportunities to combine businesses of such similar backgrounds, culture, and customer focus make tremendous sense for all stakeholders in each company.”
“We are extremely impressed with the stellar business and established market reputation Bob and Jackie Lederer have built over the past 22 years. The combination of CPS and Tri-State as part of the Driven Distribution Group platform will enable us to expand our resources and capabilities to better serve our employees and customers,” said Tristan Taylor, CEO of Tri-State.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
Driven Distribution, LLC, a warehouse distributor of automotive aftermarket hard parts, consumables and accessories backed by HCI Equity Partners, announced that it has acquired the auto parts and accessories distribution business of Chicago Parts & Sound. Financial terms of the transaction were not disclosed. This marks the second transaction in the Driven Distribution platform, following the recapitalization of Tri-State Enterprises, Inc. in November 2023.
Based in Elk Grove Village, IL, with additional locations in Illinois and Wisconsin, Chicago Parts & Sound is a warehouse distributor focused on automotive aftermarket parts, batteries, consumables and accessories. The Company serves auto dealerships, independent repair shops, municipalities, governments and company fleets.
Chicago Parts & Sound was founded in 1978 and acquired by Bob and Jackie Lederer in 2002. Since then, CPS has had a tremendous track record of success by providing value-added products and services to its clients, in addition to completing several acquisitions, according to a news release announcing the acquisition. Bob and Jackie said they are reinvesting in the Driven Distribution platform as part of the transaction and will continue to own and operate Police Department Systems (police and emergency vehicle upfitting services) and Coachcraft & Precision Services (specialty auto restoration services).
Bob Lederer, co-owner of CPS, said, “The history of Tri-State Enterprises is in many ways parallel to that of CPS – just in a different part of the country. Opportunities to combine businesses of such similar backgrounds, ideologies, culture, and customer focus make tremendous sense for all stakeholders in each company.”
“We are extremely impressed with the stellar business and established market reputation Bob and Jackie Lederer have built over the past 22 years. The combination of CPS and Tri-State as part of the Driven Distribution platform will enable us to expand our resources and capabilities to better serve our employees and customers,” said Tristan Taylor, CEO of Tri-State.
Scott Gibaratz, partner at HCI, added, “We are thrilled to welcome the CPS team to the Driven Distribution platform. Consistent with our original platform thesis, CPS represents a geographically strategic beachhead in the Midwest and is a great complement to Tri-State’s existing product categories. We look forward to working together to achieve our shared vision for growth.”
Dickinson Wright PLLC served as legal counsel to Driven Distribution and HCI.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
-
By Counterman
link hidden, please login to view has updated its annual DataMac Canadian Distribution report. With 119 Canadian businesses serving the medium- and heavy-duty commercial vehicle industry (dealers, distributors, HDDs, independent garages, auto parts stores and others) providing data and information, a number of relevant business areas are highlighted in the report. Parts and service labor sales, inventory changes and parts sourcing practices are included as well as many other business insights. link hidden, please login to view “Balancing the need of having parts available to meet customer demand against other external factors has been challenging to say the least, but it appears parts availability issues are ironing out for most channels, while some shifts in the overall sourcing are still apparent,” said Molly MacKay Zacker.
At 78% of the total revenue, parts sales and service labor account for the primary sources of truck and trailer business revenue in 2023. Similarly, parts sales and service labor also represent the largest portions of profit across all channels, combined they total 85%.
Additionally, parts sales revenues hold a higher share of the revenue than one year ago — 56% compared to 47%. The largest year-over-year shift in profits is seen in service labor; with 2023 totaling 29% and 2024 coming in at 31%.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now