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Tag: rental equipment: Page 4
Construction Equipment
How Ritchie Bros. set online records and sold $166 million worth of heavy equipment at its Orlando auction
“The Big One” has once again lived up to its name for Ritchie Bros. Auctioneers. During its huge annual auction in Orlando, Florida last week—the largest equipment auction in the world—Ritchie Bros. sold more than $166 million worth of heavy equipment. To give you an idea of how big this event is to the company, […]
February 24, 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
Business
With acquisition finalized, Volvo Rents is now BlueLine Rental
After its acquisition by private equity firm Platinum Equity — finalized in January –Volvo Rents has been rebranded BlueLine Rental. With 130 rental stores in North America, BlueLine will continue to rent Volvo backhoes, skid steers, compact wheel loaders, compact excavators and compaction equipment, along with other machines and tools. Scott Hall, president of BlueLine, […]
February 10, 2014
Construction Equipment
Ride along on a 180-foot trip to the top onboard the new Genie SX-180 telescopic boom
It had been a bad technology week. I left the office with a fully-charged new tablet that died on the plane out. Then I found my camera had a corrupted SD card. The in-flight entertainment screen on a 5-hour flight didn’t work in my seat—just my seat. And as soon as I reached the rental […]
January 19, 2014
Construction Equipment
Manitou launches new MRT 2540 Privilege Plus rotating telehandler, updates MRT 2150 and MRT 1840
At an event in West Bend, Wisconsin, Manitou launched its newest rotating telescopic handler, the MRT 2540 Privilege Plus. The company also announced upgrades to the MRT 1840 Easy 360° and MRT 2150 Privilege Plus that include popular options as standard features, including a Perkins Interim Tier 4 engine, forward-neutral-reverse functionality on the joystick, a […]
November 10, 2013
Business
AWP maker Snorkel to sell majority share to Ahern’s Xtreme Manufacturing
Telehandler manufacturer Xtreme Manufacturing and aerial work platforms maker Snorkel have reached a deal that will see majority ownership of Snorkel transferred to Xtreme. The news is particularly interesting since Xtreme is owned by Don Ahern, who also owns Las Vegas-based Ahern Rentals which filed for Chapter 11 bankruptcy in late 2011. Ahern was able […]
September 20, 2013
Business
Outpacing U.S. economy by 4 times, equipment rental revenues expected to grow 7%
The latest forecast from the American Rental Association shows the U.S. equipment rental industry outpacing gross domestic product by four times with revenues expected to reach $33.5 billion by the end of the year. Should revenues reach that mark, it would mean a 7-percent increase over 2012, according to ARA’s Rental Market Monitor. According to […]
August 12, 2013
Gear
First look: JCB’s 514 telehandler designed with Americans in mind
Two industries that are booming right now in the U.S. and Canada are the oil and gas drilling and wind farm businesses. With these markets in mind JCB has designed and, as of today, just shipped its first 514 telehandler with 14,000 pounds of capacity and a 56-foot reach for heavy duty pick and place […]
June 7, 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
Roadbuilding
United Rentals: RSC fleet sharing in place
United Rentals says two weeks past the close of its purchase of RSC its field leadership is in place and there is a cross-company visibility of fleet at the branch level, enabling easy sharing of equipment. The company said in at update call this morning that it will start branch consolidations in June. Click here for […]
May 14, 2012
Construction Equipment
United Rentals: RSC fleet sharing in place
United Rentals says two weeks past the close of its purchase of RSC its field leadership is in place and there is a cross-company visibility of fleet at the branch level, enabling easy sharing of equipment. The company said in at update call this morning that it will start branch consolidations in June. Click here for […]
May 14, 2012
Business
United buys RSC
In a $4.2 billion transaction, United Rentals has bought the number-two player in the rental market, RSC Holdings. United Rentals says the buy creates a company with “more attractive business mix, greater scale and enhanced growth prospects.” In addition, the combination will accelerate United’s growth with industrial customers and “provide a lower cost base and […]
December 20, 2011
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