Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 4/7/21 Key Takeaway: The March seasonally adjusted Fastener Distributor Index (FDI) was essentially stable m/m at 66.0, implying conditions remained at the strong pace seen in February. The sales index remained at very high levels as respondents continue to report more demand […]
Fully Threaded Radio episode 162 “Our Dinner with Charlie” was published March 19, 2021. During a veritable banquet of fastener industry intel and commentary, Mr. Charlie Kerr of Kerr Lakeside serves up a super-sized portion of predominantly fastener-related banter. Who ordered the surcharges? (1:35:17) Brighton Best International president, Jun Xu joins Mike McNulty on the […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published March 19, 2021 as “What is A36 threaded rod” during episode 162 of Fully Threaded Radio. Well, hi everyone. This is Carmen Vertullo with your Fastener Training Minute coming to you from the Fastener Training Institute and AIM Testing Laboratory in beautiful […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 3/4/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for February saw strong m/m improvement with a reading of 66.1. The sales index surged as two-thirds of respondents saw sales that were above seasonal expectations in a normally seasonally softer month. […]
Fully Threaded Radio episode 161 “Not Lonely” was published February 18, 2021. As dark winter storms freeze the country, MWFA president George Hunt III plans for a heated race come summer, and ever expanding product lines for Brighton Best International (1:27:54). Expansion keeps good company as Würth Industry North America VP of Marketing, Becky McMorrow […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published February 18, 2021 as “Passivation. What it is, what it isn’t, why it matters to us” during episode 161 of Fully Threaded Radio. Well, hello everyone. Welcome to the Fastener Training Minute. This is Carmen Vertullo coming to you from the Fastener […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 2/4/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for January came in at 57.7, moderating slightly from last month’s very strong December reading but still showing nice growth (well above a neutral 50 reading). The sales index saw sustained strength […]
This edition of the Fastener Training Minute with Carmen Vertullo was originally published January 23, 2021 as “how to tell if a nut is a good nut or a bad nut” during episode 160 of Fully Threaded Radio. Well, welcome to the Fastener Training Minute brought to you by the Fastener Training Institute and the […]
Written by R.W. Baird analyst David J. Manthey, CFA with Quinn Fredrickson, CFA 1/8/21 Key Takeaway: The seasonally adjusted Fastener Distributor Index (FDI) for December came in at 62.6, showing nice m/m improvement and signaling a strong end to the year. The sales index saw similar strength with about two thirds of respondents seeing better-than-seasonally […]
The huge congestion in overseas freight is primarily attributed to peak season congestion and a container shortage and isresulting in rate hikes along with surcharges, as well as delays and all the accompanying cascading issues. The surcharges vary per carrier, but are generally anywhere from $200 to $500 per container charge. It is recommended that […]
