Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity

Sale driven by a strategic focus on growth of company’s core businesses PEORIA, Ill. – Caterpillar Inc. (NYSE: CAT) today announced it has signed an agreement that would result in Platinum Equity acquiring a 65 percent equity stake in Caterpillar Logistics Services LLC, the third party logistics division of its wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). The pending […]