According to the April 2012 Rouse Rental Report, March OLV index values for used equipment across the fourteen major rental category indices increased 1.1% over February values. The report indicates nine out of fourteen category indices recorded one-month value increases ranging from 0.1% for Rolling Compaction Equipment to 5.3% for Excavators.
As cited in the report, March auction sales of rental & construction equipment tracked by Rouse averaged 4.7% higher than Rouse February FLV values. Rouse recorded 3,731 units that sold at 35 separate auction sales conducted across North America.
During January 2012, achieved rental rates increase 6.5% compared to January 2011 for the rental companies participating in Rouse Analytics Rental Metrics Benchmark Service. However, rates declined 0.2% relative to December 2011.
To read the full April 2012 issue of the Rouse Rental Report, click here.