Caterpillar News Updates

Government, Business, Equipment

Caterpillar Sales Boom Can’t Save It From Trade-War Carnage

The world on the cusp of a trade war has spooked investors, and few companies are feeling the fright more than Caterpillar Inc.

June 20, 2018
Business, Equipment

Caterpillar Gives Vote of Confidence to Global Economy

Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.

April 24, 2018
Business, Equipment

Caterpillar Tops Estimates Again With a Bright Outlook for 2018

If you want more evidence of a broadening expansion in the global economy, look no further than Caterpillar Inc.

January 25, 2018
Business, Technology, Equipment, Safety, Logistics, Autonomous, TCA

New Deal Sends Autonomous Caterpillar Trucks to Australia

Another fleet of mining trucks will join the growing ranks of machines operating autonomously using Caterpillar Inc. systems in Australia next year, reflecting the company’s push to cement industry partnerships with proprietary technology.

December 21, 2017
Business, Equipment, TCA

Caterpillar to Pay Millions for Crimes Against Customers, Including XPO Logistics

A wholly owned subsidiary of Caterpillar Inc. will pay tens of millions of dollars for intentionally cheating its customers with unnecessary repairs and dumping rail car parts into the ocean to cover up its actions.

December 8, 2017
Business, Equipment

Caterpillar Seeks New CFO With Halverson to Retire Next Year

Caterpillar Inc. Chief Financial Officer Brad Halverson will retire in early 2018.

August 1, 2017
Business, Equipment

Caterpillar Boosts Its Outlook as the Global Recovery Gains Traction

Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.

July 25, 2017
Business

China Helps Make Caterpillar Great Again as Outlook Improves

Caterpillar Inc., the iconic American machinery maker, is finally emerging from a four-year slump, thanks in part to China.

April 25, 2017
Business

Caterpillar to Move Headquarters From Longtime °®¶¹´«Ã½ to Chicago

Caterpillar Inc. will move its global headquarters to the Chicago area from its longtime home in central Illinois this year, the company said on Jan. 31, as it continues to grapple with weak demand for its earth-moving equipment.

January 31, 2017
Business

Caterpillar Sees Drag From Used Equipment as Miners Bounce Back

Ample used construction-equipment supplies and restrained spending from miners mean the commodities rebound won’t be giving much of a lift to beleaguered Caterpillar Inc., which forecast 2017 results that trailed analysts’ estimates. The shares fell.

January 27, 2017