Tag: rental dealers

Dealers

ARA releases strategic plan to help members, industry prosper

The American Rental Association has officially released a new industry-wide plan that will drive program initiatives over the course of the next few years.

January 16, 2019

Dealers

United Rentals to buy Neff Corporation for $1.32 billion

United Rentals has agreed to purchase Neff Corporation for $25 per share in cash, or $1.317 billion, and expects to close on the acquisition in the fourth quarter this year. The announcement follows the end of an agreement between Neff and H&E Equipment Services, which the former dissolved as a result of the more lucrative […]

August 17, 2017

Dealers

BlueLine Rental completes acquisition of Capital Rentals

BlueLine Rental, headquartered in The Woodlands, Texas, has completed its purchase of Capital Rentals, a move that expands BlueLine’s reach in the market surrounding Washington, D.C. Details of the acquisition have not been disclosed. Capital, founded in 1969, has four locations in Virginia and one in Maryland. BlueLine reports the D.C. market is a top […]

July 24, 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

With shift in contractor demand, rent-to-rent should be part of every equipment dealer’s mix

In the early 2000s, an Associated Equipment Dealers (AED) meeting featured a contractor panel where the moderator delved into the then relatively-new, much-discussed topic of rentals. When one of the contractors on the panel declared, “I don’t rent,” my jaw dropped at the response by some dealers in the audience: they clapped. Another AED meeting, […]

March 21, 2017