Caterpillar Inc. announced a collaboration with Luck Stone, the nation’s largest family-owned and operated producer of crushed stone, sand and gravel, to deploy Caterpillar’s autonomous solution to Luck Stone’s Bull Run Plant in Chantilly, Va. This will be Caterpillar’s first autonomous deployment in the aggregates industry and will expand the company’s autonomous truck fleet to include the 100-ton-class (90-tonne-class) Cat…
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Caterpillar Achieves Positive First Quarter
Caterpillar Inc. announced first-quarter 2022 sales and revenues of $13.6 billion, a 14% increase compared with $11.9 billion in the first quarter of 2021. The increase was primarily due to higher sales volume, driven by higher end-user demand for equipment and services and the impact from changes in dealer inventories, as well as favorable price realization. Dealers increased inventories more…
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