At bauma 2016, Doug Oberhelman, chairman and CEO of Caterpillar, unveiled a new strategy aimed at improving productivity, efficiency, safety and probability to customers. read more

APR 11, 2016 - 7:49 am

CG Commercial Finance completed an 84-month operating lease for ArcelorMittal in the amount of $4.5 million consisting of a used Caterpillar Rotary Blasthole Drill and accessories. read more

APR 6, 2016 - 7:08 am

Penton's EquipmentWatch announced the winners of the first Highest Retained Value Awards. The awards recognize manufacturers in 26 different heavy equipment categories. read more

MAR 28, 2016 - 7:05 am

Caterpillar reported a 21% drop in total worldwide machinery retail sales for the rolling three-month period ending in February 2016. read more

MAR 21, 2016 - 6:08 am

Caterpillar said its 2016 outlook for sales and revenues is expected to meet guidance of 10% below 2015, despite a lower estimate on Q1/16 sales and revenue. read more

MAR 21, 2016 - 5:17 am

During an auction in Fort Worth, TX last week, Ritchie Bros. sold more than $57 million of equipment, including $27 million to online bidders. More than 5,000 people registered to bid on nearly 6,000 items. read more

MAR 7, 2016 - 6:53 am

Caterpillar said Q4/15 and FY/15 sales and revenues declined due to weakening economic growth and substantially lower commodity prices. In its outlook, Caterpillar said it expects more of the same in 2016. read more

JAN 29, 2016 - 7:03 am

Denise Johnson, currently vice president of Material Handling & Underground Division at Caterpillar, was appointed group president of Resource Industries to replace the retiring Ed Rapp. read more

JAN 19, 2016 - 7:10 am

The Wall Street Journal reported that Caterpillar was found guilty of stealing trade secrets from a UK-based supplier after an eight-week federal trial in Chicago. read more

DEC 30, 2015 - 7:15 am

Caterpillar reported its Q3/15 profit of $368 million was down 64% from $1.02 billion a year earlier. In its outlook for 2016, the machinery maker said sales and revenue are expected to be about 5% below 2015. read more

OCT 23, 2015 - 6:21 am

Due to weakening outlooks on sales and revenue, Caterpillar will undergo a significant restructuring plan which could include a reduction in staff of more than 10,000 people by the end of 2018. read more

SEP 25, 2015 - 6:50 am

The Wall Street Journal has reported that Caterpillar will terminate its outsourcing deal with Navistar International and begin building its own line of dump trucks in Texas. read more

JUL 29, 2015 - 7:20 am

Caterpillar reported overall global machinery sales were down 12% for the three-month rolling period ended May 2015 following declines of 11% and 12% for the same periods ended in April and March, respectively. read more

JUN 23, 2015 - 6:30 am

Caterpillar reported global total machine sales for the three month period ended in April were down 11% from the same period one year ago. read more

MAY 22, 2015 - 7:25 am

Caterpillar entered an agreement with CA-based Yard Club to provide strategic funding and launch an online equipment rental ordering platform including both Cat products and non-Cat branded products. read more

MAY 8, 2015 - 2:14 pm