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Tag: 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 drops 2017 equipment rental forecast slightly, but predicts future growth
The American Rental Association (ARA) says in its latest quarterly update on its five-year forecast that equipment rental revenue in 2017 will reach $49.3 billion, a slight decrease from the $49.4 billion the association estimated in its last report. While this new forecast is a bit lower, it still represents a 4.3-percent increase over 2016. […]
August 8, 2017
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