Tag: rental market

Dealers

Aerial platform rental fleets rise; more growth forecast

The U.S. mobile elevating work platform rental market is the largest in the world. Global MEWP rental fleets posted 8 percent growth in 2017. More here!

June 18, 2018

Trailers

Load and unload at ground level with Felling’s new EZ-T tilt trailer

With an eye toward the rental market, Felling Trailers has launched its FT-12 EZ-T tilt trailer that allows operators to drive equipment on and off the trailer at ground level. The company says the new trailer comes in handy for loading, unloading and transporting floor sweepers, scissor lifts, rollers and other equipment with low ground […]

April 27, 2018

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

Construction Equipment

Vermeer ups the lifting power with new CTX50 mini skid steer

Designed with the rental market in mind, Vermeer’s CTX50 mini skid steer has vertical lift arms that allow the machine to lift more than radial lift units of the same size. The CTX50 has a 600-pound rated operating capacity with a 1,715-pound tipping capacity. Because the lift path keeps the load closer to the machine, […]

March 9, 2015

Business

ARA expects heavy equipment rental market to grow 8.5% to $26 billion in 2015

The American Rental Association said it expects the 2015 U.S. construction/industrial equipment rental market to grow 8.5 percent this year, reaching $26 billion. General tool rentals will grow 8.8 percent to $9.9 billion, the association predicts. “The industry growth forecast remains more than double that of the overall economy,” says Christine Wehrman, ARA’s executive vice […]

January 20, 2015

Business

ARA forecasts U.S. equipment rental to generate $33.6 billion this year

The American Rental Association expects the U.S. equipment rental industry to generate $33.6 billion in revenue this year, an increase of 7.3 percent over 2012. The data is part of ARA’s Rental Market Monitor which was recently updated. The ARA expects construction and consumer spending to be the most important drivers behind equipment rental in […]

May 22, 2013

Business

Hertz expands in Oklahoma

Hertz Equipment Rental has acquired Pioneer Equipment Rental & Sales in Oklahoma.  The Ponca City-based company, which has 10 branches in Oklahoma and another in north Texas, focuses on rental to the construction, rental and energy markets and serves the Oklahoma, southern Kansas and north Texas areas. Pioneer Rental is expected to add $25 million […]

September 28, 2012