Caterpillar
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Business
Caterpillar Inc. announces layoffs at plant in South Texas
Caterpillar Inc. notified 120 workers at its Victoria, Texas, facility that they will no longer have a job effective, November 1. Company officials said “market…
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OEM
Navistar expands TRATON partnership with Canadian mining deal
The door to TRATON Group selling trucks in North American opened a crack with a memo of understanding between Navistar and TRATON to sell Scania…
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Economics
Deutsche Bank turns bullish on transports for 2020
But a lot depends on stabilizing global growth and an industrial recovery in the United States.
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Canada
Shell Rotella Super Rigs brings out the beautiful best in trucking
The Shell Rotella Super Rigs is among the more attractive beauty contests for trucks because every entrant has a chance, winner or not, to end…
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Asia-Pacific
Caterpillar earnings disappoint due to weaker China sales and higher production costs
Global equipment manufacturer Caterpillar’s (CAT) second quarter earnings disappointed analysts. The company cited a combination of tariffs, weaker sales in China and slower growth in…
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Company earnings
Strength in mining business powers Caterpillar first-quarter results to record
Heavy-duty equipment maker tops estimates largely due to one-time tax gain, but the mining business does show better growth.
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News
Today’s Pickup: Holiday e-commerce sales are strong
Warehousing employment surges as Amazon and Walmart are swamped by holiday online orders; UPS aircraft mechanics threaten to go on strike.
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News
How augmented reality is revolutionizing the freight industry
Augmented reality is a concept that sounds like jargon at face-value, but in effect, could help digitally transform the freight industry. AR is now ubiquitous…
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Economics
Border adjustment tax likely dead, but other reforms still being discussed
One comic character in the Hollywood film “Prince of Persia” said that there are only two things that are permanent in this world - death…
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