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Caterpillar Inc., the world's biggest mining and construction machinery manufacturer, reduced its sales forecast and said it will cut as many as 10,000 jobs over four years in response to a slowdown in the mining and energy industries.
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Commodity Forwarders has reached an agreement to acquire perishables forwarder Peninsula of Boston. The acquisition of Peninsula gives Commodity Forwarders a presence in Boston to tap into the local market and strengthen its position in New York.
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Heavy and tractor-trailer truck drivers in 2014 had 725 work-related fatalities, the highest total number since 2008, the U.S. Bureau of Labor Statistics said in a Sept. 22 report.
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WEC Energy Group will sell its subsidiary Trillium CNG, a provider of compressed natural gas fueling services as well as a fueling station design, construction, operation and maintenance, said a Trillium spokeswoman representing both companies.
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