Synnex's deal with Tech Data has secured regulatory approvals and will close on or around Wednesday. Tech Data CEO Rich Hume will become CEO of the combined business.

Cardinal Health has created a talent strategy to place more women and people of color into manager and director positions, as well as increase overall workforce diversity and tie outcomes to executive-level incentives and equity. "When you have diverse voices around the table making decisions, and especially decisions in health care, you will get better results," Chief HR Officer Ola Snow says.

This Bloomberg analysis predicts that electric-powered trucks will comprise 30% of sales in the heavy duty segment by 2040, supported by advances in battery technology and the development of charging infrastructure. Natural-gas powered trucks will also play a significant role, but only in the heavy-duty segment.

Transportation management systems are no longer sufficient for increasingly sophisticated supply chains, as companies require greater visibility and tracking, writes Glenn Jones of supply chain technology company Blume Global. Such a platform would promote sustainability and be accessible to companies of any size, Jones writes.

Distributors are often hesitant to change sales compensation programs, but they should rethink them when a field salesperson's role has changed, recruiting becomes difficult, too many comp deals are customized or profits aren't increasing, writes Mike Emerson of Indian River Consulting Group.

A study by ON24 reveals 95% of business-to-business marketers agree that hybrid events will become more widely used, and 43% plan to adapt event strategies to focus equally on virtual and in-person attendees. The top three elements B2B marketers want to incorporate in hybrid events are linking them with CRMs and martech, connecting in real time with audiences, and gaining audience engagement data.

Your history matters, but most of your energy should be spent on what you need to be doing in the moment, writes Dan Rockwell. He offers five questions for learning from your past but advises against too much daydreaming about the future.

Studies on fighter pilots and athletes suggest they can improve their performance on eye-vision tests simply by believing they have great eyesight -- the type of positive mindset that can help leaders overcome limiting beliefs and obstacles, writes former Navy fighter pilot Carey Lohrenz. "When struggling, tell yourself: 'I just don't have it yet' or 'We're not there yet,'" Lohrenz writes.

Are you looking for professional development programs to help you retain and develop your key personnel? If yes, then the NAW Certificate in Distribution Professional Management program will help your leaders reach their highest performance levels. Learn more.

It has been a long time but, finally, we will be together again! Designed for C-suite executives, these roundtables provide actionable strategies that will increase your company's competitive advantage. Companies belonging to this community are from distribution firms that exceed $1 billion in annual sales. You'll engage in thought-provoking conversations with your peers and hear from industry experts on topics that will ultimately increase your profits! Register today.

Interchange rate increases and changes to rate tiers implemented in April are the largest in a decade, according to Bloomberg News. The fees target payment types common in the wholesale distribution industry. Stream the "Restructured Rate Tiers and Increased B2B Card-Not-Present Transaction Costs" podcast from Unified Payments Group to learn more.