Tag: construction equipment rental: Page 18

Construction Equipment

Terex intros rental ready TLB840R backhoe; and yes, it does come in blue (also white) [PHOTOS]

[imagebrowser id=203] “The TLB840R is the crown jewel of our show,” said Aron Sweeney, marketing manager, North America for Terex Construction, speaking from the company’s booth at The Rental Show this week. When rental customers asked for a low acquisition cost backhoe, Terex took their TLB840 model, and using the same chassis and basic structure […]

February 26, 2015

Business

BlueLine Rental expands footprint with acquisition of Trico Equipment Inc.

BlueLine Rental has announced that it will acquire Trico Equipment Inc. for an undisclosed amount. Trico, a rental company serving New Jersey, Pennsylvania, Maryland and Texas, specializes in aerial lift equipment. Trico’s senior leadership is expected to stay with BlueLine in management roles once the acquisition is completed. “Trico is a very complementary business for BlueLine […]

February 5, 2015

Business

ARA expects heavy equipment rental market to grow 8.5% to $26 billion in 2015

The American Rental Association said it expects the 2015 U.S. construction/industrial equipment rental market to grow 8.5 percent this year, reaching $26 billion. General tool rentals will grow 8.8 percent to $9.9 billion, the association predicts. “The industry growth forecast remains more than double that of the overall economy,” says Christine Wehrman, ARA’s executive vice […]

January 20, 2015

Business

ARA: U.S. equipment rental market to grow 7.3 percent this year, slightly down from earlier predictions

Revising its forecast slightly down from the 7.6 percent growth predicted in July, the American Rental Association now sees 7.3 percent growth this year in the U.S. equipment rental market. The total market—consisting of primarily construction equipment and general tool segments, but also including a party and event component—is now expected to reach $35.7 billion, […]

November 5, 2014

Business

BlueLine Rental acquires Alabama’s JustRuss Rental

BlueLine Rental, formerly Volvo rents,  is growing its presence in the state of Alabama. The small- to medium-sized construction rental equipment provider announced the acquisition of JustRuss Rental Inc. JustRuss is a full-service equipment rental company with three locations in Alabama. Terms of the deal were not disclosed. BlueLine CEO Phil Hobson said the deal […]

September 17, 2014

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

Construction Equipment

Thieves steal same skid steer twice in Omaha, resilience lands them in jail

It was British writer William Edward Hickson who said, “If at first you don’t succeed, try, try, try again.” Recently a couple of equipment thieves took the advice to heart. According to a report from Fox 42 in Omaha, Nebraska, two men, Robert Black and Shane Benscoter, are accused of stealing a John Deere 323D skid […]

May 28, 2014

Business

RER’s Top 100 firms reach highest-ever total equipment rental volume

The RER 100 topped $15.4 billion, the highest-ever total rental volume, according to RER magazine, which annually ranks North American rental firms based on volume. Total volume increased by 10.4 percent over last year, when RER calculated volumes totaled $13.967 billion. Behemoth United Rentals once again topped the list with a total rental volume of […]

May 19, 2014

Business

Why the numbers are important: Moneyball’s Billy Beane addresses the equipment, construction industries

One definite perk of a free press pass is the exposure I get to high-priced talk. Filling a podium is not cheap; just check out a speaker’s bureau website to get a taste of what even B Level speakers command. I didn’t have real expectations pro or con when I heard that Billy Beane, general […]

February 13, 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

Online rental site BigRentz.com adds earthmoving equipment

The largest online provider of construction rental equipment has added earthmoving equipment to its offering. BigRentz.com‘s new Dirt Division offers rentals of backhoes, excavators, graders, dozers, skid-steers and wheel loaders. That adds to the company’s initial offering of boom lifts, forklifts, scissor lifts and reach forklifts. BigRentz says its team of experienced professionals is available […]

September 24, 2013

Construction Equipment

Will you rent more equipment in the future? Three experts say it’s likely.

Two major factors have prompted equipment rental to boom in recent years, according to rental expert Dan Kaplan, CEO, Daniel Kaplan Associates: Economic uncertainty and what he calls the “outstanding” performance of today’s rental companies. “Major rental companies are targeting national contractor accounts and converting them from owning to renting,” said Kaplan in a webinar […]

May 31, 2013