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Tag: ARA: Page 3
Construction Equipment
Ditch Witch intros the ST37X, its first stand-on trencher
Ditch Witch has introduced its first stand-on trencher, the ST37X, designed for creating footings on residential and commercial sites, in addition to trenching applications. The machine was on display at The Rental Show this week in Orlando. “You don’t have to walk behind it, so you can get over a little more rough terrain,” says […]
March 2, 2017
Dealers
ARA expects equipment rental revenue to reach $48.9 billion in 2017
In its latest five-year forecast, the American Rental Association (ARA) expects equipment rental revenue for 2017 will reach $48.9 billion, and grow 4.3 percent per year to reach $56 billion by 2020. The latter is an increase of $500 million compared to the previous 2020 forecast of $55.5 billion released in November 2016. ARA Vice […]
January 31, 2017
Dealers
ARA awards Colorado equipment dealer $500 for completing compensation and benefits survey
As an incentive for completing its Compensation and Benefits Survey, the American Rental Association (ARA) offered a $500 prize drawing to participants. The winner was Bill Delbaugh, owner of Equipment Rental Source in Castle Rock, Colorado. “This is very generous of ARA,” says Delbaugh in responding to ARA about winning. “I am very appreciative. The […]
November 25, 2016
Dealers
ARA forecasts equipment rental to reach record revenue in 2016
The American Rental Association has forecast record revenue for the equipment rental industry this year, anticipating growth of 4.3 percent to $47.3 billion. By 2020, the association estimates revenue to reach $55.5 billion. The estimates come from ARA’s latest five-year forecast, the ARA Rental Market Monitor, with data compilation provided by HIS Markit. “While we […]
November 10, 2016
Dealers
ARA to induct Moore and Etzel into Rental Hall of Fame
The American Rental Association (ARA) will induct Art Moore and Spencer Etzel into its Rental Hall of Fame during a ceremony at The Rental Show in February. ARA first created the Rental Hall of Fame in 2000 as a means of fostering an “appreciation of the historical development of the rental industry and the leaders […]
November 3, 2016
Dealers
ARA names Conant as its next executive VP and CEO
The American Rental Association has tapped Tony Conant, whose resume is packed with operations and supply chain experience, as its next executive vice president and CEO. Conant was chosen by the association’s board of directors and will replace Christine Wehrman who is retiring after 16 years with ARA. Conant will become only the fourth ARA executive VP/CEO […]
October 20, 2016
Construction Equipment
Skyjack intros SJ30 ARJE boom and SJIII 4740 scissor lifts
Skyjack, a division of Linamar Corporation, unveiled its SJ30 ARJE boom and SJIII 4740 scissor lifts at last week’s Rental Show. The tallest DC electric scissor in Skyjack’s lineup, the SJIII 4740 has a maximum working height of 45.3 feet with a maximum weight capacity of 500 pounds. Drivable at full height, the scissor has […]
February 29, 2016
Business
ARA’s Rental Penetration Index down slightly in 2015 despite “robust” non-residential market
The American Rental Association’s Rental Penetration Index, which has been on a steep incline in the past five years, saw its first downward movement in 2015, says ARA. The decrease was slight, however, going from 53.9 percent in 2014 to 52.9 percent in 2015. The index—which measures the share of the U.S. construction equipment fleet […]
February 22, 2016
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
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
AEMP to collaborate with ARA on education, training and research
The Association of Equipment Management Professionals today announced a partnership agreement with the American Rental Association. The collaboration will enable the two groups to share information, education and training opportunities and research initiatives. “Equipment fleet management is a key element to running a profitable equipment rental business and AEMP has excellent education, certification programs and […]
July 16, 2014
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