Tag: rental: Page 17

Business

ARA: U.S. equipment rental will grow 7.6% in 2014, exceed $51 billion in 2018

U.S. total equipment rental revenue will grow 7.6 percent this year, reaching $35.8 billion, but the American Rental Association is even more bullish about rental in the coming four years. ARA says rental revenue will grow 10.5 percent in 2015, reaching $39.6 billion; another 10.2 percent in 2016, reaching $43.6 billion; 8.9 percent in 2017 […]

August 12, 2014

Dealers

Quick Data: New and used trencher sales trends for July 2014

A snapshot of new and used trencher sales trends based on data from Randall-Reilly’s Equipment Data Associates.

July 1, 2014

Construction Equipment

GE Capital expands equipment financing program for dealers looking to grow their rental fleets

With equipment rentals showing growth in each of the last three years, GE Capital is hoping to boost expected continued growth in coming years even further with an expansion of its equipment financing program for dealers looking to grow their rental fleets. Though most dealers pay cash for equipment that costs less than $10,000, Jim […]

January 30, 2014

Construction Equipment

Telehandlers retain their rental popularity, gain new jobs with oil shale development

“Telehandlers offer great flexibility,” says Heath Watton, branch manager for rental dealer Southeastern Equipment, Cambridge, Ohio. “They handle multiple attachments, including jib booms, auger heads and swing carriages.” This versatility has made the 10,000-pound-plus units the darling of the oil shale business in Watton’s territory of eastern Ohio, where he carries the JLG, Skytrak and […]

October 1, 2013

Construction Equipment

The 7 questions you need to answer when renting a ride-on compactor

1. What type of material will you be compacting? If you’re compacting soil, know what type of soil – gravel, sand, silt or clay. Gravel and sandy soils call for a smooth drum vibratory roller; if you’re dealing with silt or clay materials, investigate a sheepsfoot (also called a padfoot) roller. Since sandier soils are […]

October 1, 2013

Construction Equipment

Manitex announces 19-ton 1970C boom truck crane designed for rental market

Designed with the rental market in mind, Manitex has announced its new 19-ton 1970C boom truck crane. Featuring a 70-foot, three section proportional boom, the 1970C has a 121-foot, 3-inch max boom tip height with an optional two piece jib. The crane is designed to be installed on all North American-made truck chassis. Additional features […]

July 9, 2013

Business

Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3

Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]

March 8, 2013

Recruiting & retention

Allen Engineering appoints rental sales manager

Allen Engineering (AEC) has appointed Garry Haferbier as the company’s new rental sales manager. In this position, Haferbier will be responsible for recruiting, training, and managing all the independent sales representatives that sell Allen Equipment into the North American rental channel.  Garry will also be AEC’s main point of contact for all promotions, activities […]

October 10, 2012

Business

Hertz expands in Oklahoma

Hertz Equipment Rental has acquired Pioneer Equipment Rental & Sales in Oklahoma.  The Ponca City-based company, which has 10 branches in Oklahoma and another in north Texas, focuses on rental to the construction, rental and energy markets and serves the Oklahoma, southern Kansas and north Texas areas. Pioneer Rental is expected to add $25 million […]

September 28, 2012

Construction Equipment

ARA prjects 8.2-percent increase in equipment rental industry in 2012

The American Rental Association (ARA) expects North American equipment rental industry revenue to increase by 8.2 percent in 2012 to reach $34 billion by the end of the year. This growth is fueled by a strong revenue growth projection of 9 percent in the construction and industrial segment to $22.7 billion and 8 percent in […]

August 21, 2012

Business

Baird, RER report rental revenue growth in second quarter of 2012

Baird, in partnership with Rental Equipment Register magazine (RER), published the results of its second-quarter 2012 rental equipment industry survey, which showed continued double-digit rental revenue growth of 10.4 percent year over year, compared with 10.5-percent growth in the first quarter of 2012. According to the survey, outlook for the remainder of the year reflects […]

August 13, 2012

Roadbuilding

Cooper Kenworth adds Asheville location

Cooper Kenworth has opened a 31,000-square-foot parts and service operation in Asheville, North Carolina. The facility, located along U.S. Interstate 40 at 1895 Old Haywood Road, has 14 service bays and a 7,000-square-foot parts department. One bay is a dedicated Kenworth PremierCare preventive maintenance services bay. Cooper Kenworth operates nine other locations in Clinton, Concord, […]

May 3, 2012