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Tag: ARA rental forecast
Dealers
Business Roundup: Finning Q2 revenue up 21%; Komatsu Q1 sales up 44%; Takeuchi-US adds Courson Equipment; ARA drops rental forecast
Largest Cat dealer Finning Q2 revenue jumps 21% Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, […]
August 22, 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
Business
U.S. equipment rental revenues forecast to grow 6.5% in 2013, show strong growth through 2017
The American Rental Association’s forecast for equipment rental revenue in the U.S. remained basically the same after its third quarter update. The ARA Rental Market Monitor expects equipment rental revenue to grow 6.5 percent in 2013 to $33.3 billion. Earlier this year that mark was set slightly higher at $33.5 billion. The small revision aside, […]
November 4, 2013
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