Cat Sales and Revenues Plunge 31%

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Caterpillar Inc. announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020,…

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Caterpillar Expands Remote Control and Semi-Autonomous Offerings

Cat Command for Loading Console with 930M SWL

Drawing on more than 30 years of equipment autonomy experience, Caterpillar is expanding Cat Command to a broader range of construction machines. Cat Command is now launching a line of remote control and semi-autonomous technologies, ranging from operator-assisted compaction to remote-control loading, dozing and excavating operations.

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AED Foundation Releases Report on Industry Technician Shortage

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The AED Foundation released its latest report compiled by the College of William & Mary entitled “The Equipment Industry Technician Shortage: Reassessing Causes, Impacts and Policy Recommendation” at last week’s ConExpo-Con/Agg in Las Vegas. Highlights of the report include: The need to fill up to 73,500 heavy equipment technicians over the next five years. The equipment industry has a job opening…

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Caterpillar Features New Equipment, Advanced Technologies, Services

Cat 325 HEX

Paying tribute to those building the world’s infrastructure, the Caterpillar experience at ConExpo-Con/Agg, March 10-14 in Las Vegas, includes a mix of static displays, equipment demonstration area, and new services/technologies under the theme of “Your Work Matters.” The 60,000-sq.-ft. (5,574-sq.-meter) exhibit in the show’s new outdoor Festival Grounds includes Operator’s Stadium, where the finals of the Global Operator Challenge and…

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Top Manufacturer News for 2019

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As 2020 kicks off, the Association of Equipment Manufacturers (AEM) took a look back at some of the most notable manufacturer news headlines from the past 12 months. Deere Appoints New CEO – In August, Deere & Co. announced John May would lead the tractor-making giant through a difficult agricultural environment, with outgoing Chief Executive Officer Samuel Allen to stay in his…

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