Tag: Caterpillar: Page 51

Business

Caterpillar shares fall after analyst downgrades stock due to falling oil prices

While the falling price of oil has been delighting consumers at the pump across the U.S. for the last couple of months, the situation recently became decidedly less delightful for Caterpillar executives. Shares of the Peoria, Illinois-based heavy equipment maker dipped 5 percent at the market’s close Monday to $87.03 after JPMorgan downgraded its rating of the […]

January 6, 2015

Construction Equipment

Brazen burglars bust barriers to boost bulldozer in broad daylight

A lot of heavy equipment thefts take place on open jobsites and sometimes because keys are left in the ignition. But when you’re dealing with experienced and determined criminals, not even taking all the necessary precautions to protect valuable machines can keep them from being stolen. That’s the lesson a trucking company in Lakeside, California learned […]

December 30, 2014

Business

IronPlanet and Cat Auction Services announce merger

Online equipment marketplace IronPlanet and the Caterpillar dealer channel for used equipment sales, Cat Auction Services, have announced a merger. The two companies promise a “unique auction experience, backed by technology.” The merger looks to be a move by IronPlanet to incorporate onsite auctions into its currently online-only format and caps off a pretty big […]

December 22, 2014

Dealers

Caterpillar names a new CIO and a new head of Asia Pacific distribution amidst leadership changes

At the head of several changes in Caterpillar’s corporate leadership, the company has named a new Chief Information Officer and vice president with responsibility for the Global Information Services Division in Julie Lagacy. A 26-year veteran of the company, Lagacy previously served as chief financial officer of the company’s mining business before being named vice president […]

December 19, 2014

Construction Equipment

6th Day of Construction Gifts: Caterpillar has a ride-on dozer for kids now; turns on a dime, makes Power Wheels look lame (PHOTOS, VIDEO)

[imagebrowser id=156] If your kid loves big machines and dirt, here’s the item that should be at the top of your shopping list for them this Christmas. This Caterpillar dozer from Kid Trax features a working blade that your little operator can raise and lower and it has two motors that allow the diminutive dozer […]

December 15, 2014

Roadbuilding

Choosing the right machine for proper soil compaction

Experience, type of soil, method specification and available equipment are all part of making this decision.

December 11, 2014

Construction Equipment

Caterpillar excavators build world’s tallest sand castle ever, then completely destroy it

Everyone knows the best part about building a sand castle of any significance is getting to kick it into nonexistence afterward. Thankfully, the folks at Caterpillar didn’t forget that when breaking a Guinness World Record. The latest in its series of Built for It Trials videos, Caterpillar built the behemoth sand castle in Rio de […]

December 11, 2014

Roadbuilding

Breakdown of $300 million worth of heavy equipment stolen in 2013

Nearly $300 million worth of construction and other heavy equipment was stolen in 2013 with only 21 percent of it recovered, according to the latest theft report from the National Insurance Crime Bureau and the National Equipment Register. The majority of thefts occurred during the spring and summer months with August topping all other months with 1,305 […]

December 8, 2014

Construction Equipment

12 Days of Construction Gifts, Tools & Toys

It’s that time of year again. Time to face down traffic and head to the shopping malls and department stores, or, if you’re the type who prefers Amazon, have a seat on the couch and click “Add to Cart” until the gift list is complete. And if you’ve got a contractor, construction worker or little […]

December 7, 2014

Construction Equipment

Skid steers and John Deere machines most targeted among $300 million worth of heavy equipment stolen in 2013

Nearly $300 million worth of construction and other heavy equipment was stolen in 2013 with only 21 percent of it recovered, according to the latest theft report from the National Insurance Crime Bureau and the National Equipment Register. The majority of thefts occurred during the spring and summer months with August topping all other months […]

December 2, 2014

Construction Equipment

New financed construction equipment sales rise 16% in October, up 13 % year-over-year

The number of financed new units of construction equipment sold or leased in October increased by 16 percent compared with September, according to Equipment Data Associates, which tracks financed construction equipment activity. In October, 8,503 new machines were sold, compared to 7,094 in September. New financed sales rose 13 percent compared with October 2013. Used […]

December 1, 2014

Construction Equipment

Caterpillar’s new 825K the first 4-drum soil compactor with intelligent compaction system (PHOTOS)

[imagebrowser id=149] The Cat 825K soil compactor is the first four-drum soil compactor with an intelligent compaction system option, says John Thomas, with Caterpillar’s construction technology and solutions group. The 825K now incorporates Caterpillar’s Machine Drive Power (MDP) system, which measures the soil’s load-bearing strength to assess the degree of compaction, sensing the rolling resistance […]

November 19, 2014