Tag: heavy equipment rental: Page 15

Dealers

Herc equipment rental revenues, machine sales up in 2Q as age of fleet falls

Herc Rentals has posted strong second quarter results, with swift growth in equipment sales & equipment rentals. Dig into all the details here!

August 8, 2018

Dealers

BigRentz, a national online rental marketplace, makes renting fast for contractors, more profitable for rental houses

BigRentz doesn’t own a single piece of equipment. So how can it be the "largest equipment rental network for construction equipment"? Details here.

June 19, 2018

Dealers

United Rentals reports 25% leap in revenue in Q1

Reflecting strong industry growth and acquisitions, United Rentals is reporting a 25.1 percent jump in rental revenue for the first quarter of 2018, compared to a year ago. Total revenue was $1.734 billion and rental revenue was $1.459 billion for the first quarter for the rental giant. That’s compared to $1.356 billion and $1.166 billion, […]

April 20, 2018

Dealers

Genie wins Cat Rental Store’s first Vendor of the Year award

Terex brand Genie has been chosen as the Cat Rental Store 2017 Allied Vendor of the Year. The award – the first of its kind for the Cat Rental Store –  came at the company’s 2018 Rental Summit Allied Vendor Fair and Reception, The criteria for the award are quality, product support and policy, ease […]

April 16, 2018

Dealers

In strong construction market, H&E reports 20.6% revenue hike for 4Q 2017

H&E 4Q earnings at a glance: Revenues gained by 20.6 percent Net income hit $85.9 million Rental revenues climbed 10.9 percent New equipment sales rose 65.9 percent  Used equipment sales up 28.8 percent Gaining momentum in rental and distribution businesses, H&E Equipment Services is reporting a hefty 20.6 percent gain in revenues to $294.7 million […]

February 22, 2018

Dealers

How does the No. 1 rental firm dispose of its equipment?

This is Part 5 of a five-part series on used equipment. Click here to see the other parts of the series. Click here to download the full version of the Used Equipment Report. United Rentals is the definition of a large fleet: The company rents out about 3,200 classes of heavy equipment with a total […]

October 3, 2017

Construction Equipment

Cat’s Yard Club acquisition wasn’t really about equipment sharing

When news broke in May that Caterpillar had acquired peer-to-peer (P2P) equipment service Yard Club, it raised a lot of eyebrows in the heavy equipment and construction industries. The deal, terms of which were never disclosed, gave considerable weight to the notion that P2P equipment rental services, which allow contractors to rent machines in their […]

August 18, 2017

Dealers

ARA forecasts equipment rental revenue at $49.4 billion for 2017

The American Rental Association (ARA) expects U.S. equipment rental revenue in 2017 to grow 4.5 percent, reaching $49.4 billion, according to its latest five-year forecast. This is $500 million more than its previous forecast issued in January. The forecasted figure combines revenue for construction and industrial, general tool and light construction, as well as party […]

May 10, 2017

Dealers

Kobelco adds Pro Access Rentals to dealer network for Oklahoma customers

Kobelco Construction Machinery USA has added Pro Access Rentals to its North American dealer network to serve customers in Oklahoma with its full line of excavators. “Our dealership has a large rental clientele with many of our customers being in the general construction and pipeline industries,” says Pro Access Rentals President David Evans.  “Becoming a […]

February 20, 2017

Business

Year in Review: The Biggest Construction Equipment News Stories of 2016

While everyone has their sights on ConExpo in March, it might be easy to overlook what a busy year 2016 turned out to be. Here’s an quick overview, plus a timeline, of what happened in the construction equipment industry last year. Bonus: check out our editors’ quick predictions for 2017 on page 30. (Note: In order to meet […]

December 22, 2016

Dealers

United Rentals adds 7 sites to specialty branch dealer network in North America

United Rentals has expanded its specialty branch dealer network in North America by adding six locations in the U.S. and one in Canada. This brings the total specialty openings to 14 for 2016. “Our latest branch openings complete our plan for 14 new specialty locations in 2016, as part of our ongoing strategic expansion,” says Paul […]

November 16, 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