Need Help? (888) 742-5060

In The News:

Caterpillar Sales Flat in 1Q

Caterpillar Inc. (NYSE: CAT), Peoria, IL, reported sales for the first quarter of $13.2 billion, a slight increase year-over-year. Profit for the quarter increased 4.8 percent to $922 million.

“Given the business and economic uncertainties around the world and continuing decline in our mining sales, I am pleased with our performance in the first quarter," CEO Doug Oberhelman said. "Both energy & transportation and construction industries had good results in the first quarter and performed at levels better than we anticipated."

Construction industries sales were up 20 percent year-over-year, while energy & transportation sales were up 8 percent. Resource industries sales were down 37 percent, with all other segments sales up 7 percent.

Overall, machinery, equipment and transportation sales for the quarter were $12.5 billion, effectively unchanged year-over-year. Financial products sales were up 3 percent to $748 million.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center