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Tag: Caterpillar: Page 4
Construction Equipment
Cat 1Q sales, revenues take 21% dive
Caterpillar 1Q sales and revenues took a 21 percent dive, with the firm reporting $10.6 billion versus $13.5 billion for 1Q 2019. âThe decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories,â says Cat, reporting that dealers increased machine and engine inventories by about [âŚ]
April 29, 2020
Dealers
Quick Data: Top-selling crawler excavators and sales trends
A snapshot of new and used sales trends from Randall-Reillyâs EDA equipment financing data and TopBid auction price service.
April 21, 2020
Dealers
Which construction equipment makers are offering deals and coronavirus loan relief?
Can shell-shocked contractors be prompted to buy in these uncertain times? The financing challenge is actually two-fold, says David Sutton, president, Kubota Credit. âWe want to help the dealers attract and incent customers to buy and we want to make sure the customers we have are comfortable with their current loans.â âWeâve taken very proactive [âŚ]
April 20, 2020
Construction Equipment
The Cat ConExpo 2020 Experience: Machine Demo Show From Operator Stadium
At the heart of Catâs 60,000 square-foot outdoor booth at ConExpo 2020 was Operator Stadium. Inside, Cat hosted an awesome demonstration show that covered several machines in its lineup. Check out the video for a compilation of some moments from that show.
March 31, 2020
Business
Cat to close some facilities due to coronavirus impact on demand as company withdraws 2020 outlook
Caterpillar announced Thursday that it will temporarily close some of its manufacturing facilities in response to the coronavirus outbreak. The company has also withdrawn its 2020 earnings outlook due to the economic uncertainty surrounding the global pandemic. The heavy equipment maker says that while the majority of U.S. facilities remain open and operational, operations have [âŚ]
March 26, 2020
Construction Equipment
Excavation Innovation: Everything you need to know about the latest mid- to full-sized excavators
The 18-metric-ton JCB 150X features the spacious CommandPlus cab and a fully welded X-frame undercarriage. The most popular configuration has 24-inch steel tracks, a 9-foot-10-inch thumb-ready mono boom and a 109-hp engine. âNew and improvedâ is a trite marketing phrase, but it really applies to current mid- to full-sized excavators. Biggest Bobcat Bobcatâs largest excavator, [âŚ]
March 25, 2020
Dealers
Equipment Roundup: Cat unveils new 395 excavator, crowns worldâs best operator; Tadano intros 3 rough terrain cranes; Cat intros tiltrotators for compact excavators; Dawn of autonomous equipment is upon us
Opinion: The dawn of autonomous construction equipment is upon us If you think autonomous equipment operation is a pipe dream, youâd be wrong. About as wrong as the contractors who first doubted GPS machine control. Back in November I attended a prototype demonstration of Doosanâs Concept-X autonomous machine technology in Korea. At the demo, we [âŚ]
March 23, 2020
Business
Opinion: A very different ConExpo amid coronavirus concerns
It already was going to be different. ConExpo-Con/Agg 2020 had complicated logistics to overcome from the get-go. The Las Vegas Convention Center is in the middle of a massive expansion that took out the footprint of the former Gold Lot, forcing companies to relocate. Many relocated to what became Festival Grounds, situated a mile away [âŚ]
March 20, 2020
Construction Equipment
Cat Crowns Worldâs Best Equipment Operator: Meet Canadaâs Jaus Neigum
During ConExpo 2020, Caterpillar held the finals of its 2019-2020 Global Operator Challenge. When the dirt settled, Canadaâs Jaus Neigum took home the trophy and the title of Worldâs Best Equipment Operator. Check out the action from the competition and our chat with Jaus in this video.
March 18, 2020
Workforce
Talking Trades, Labor Shortage with Mike Rowe (And a Possible Return of Dirty Jobs?)
During ConExpo 2020 we caught up with our friend Mike Rowe. Mike is most known for his long-running show Dirty Jobs, but heâs also a best-selling author and a big proponent for blue collar trades. In this video, Mike and Equipment Worldâs Tom Jackson discuss the Mike Rowe Works trade school scholarship, the shortage of [âŚ]
March 16, 2020
Dealers
Equipment Roundup: Cat unveils new D7 dozer; Case unveils first electric backhoe; Kubota intros first mini skid steer; Electric Volvo VNL test drive; Cat Kinetic Ice+ Boot Review
VIDEO: Reviewing Catâs Kinetic Ice+ Bootsâ Vibram Ice Traction, Insulation from the Arctic Circle Recently, Tom Jackson had a chance to test out some cold weather boots and gloves in Alaskaânorth of the Arctic Circle in factâin temps as low as -30 degrees. The boots are a new product offering from Cat Footwear called the [âŚ]
March 16, 2020
Construction Equipment
Cat unveils tiltrotators for its compact excavator lineup
Caterpillarâs new TRS6 and TRS8 TiltRotate System (TRS) will bring tiltrotator capabilities to Cat Next Gen compact excavators. Using the TRS, users will be able to use a variety of attachments, including  buckets, forks, grapples, brooms, and compactors. Cat says it is partnering with Rototilt in developing TRS, but that it added design elements that in [âŚ]
March 13, 2020
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