SitePro Rentals announced the opening of a new facility in Houston, TX giving the rental company a larger, more centralized location for the growing market. The 38,000-square-foot facility on over seven acres is SitePro’s largest facility to date and...
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June 13, 2024, 07:00 AM
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Premier Truck Rental (PTR) announced its 10th anniversary. Since its inception in 2014, the company has continuously pushed the boundaries of innovation, achieved significant milestones, and set new standards in the equipment rental space.Started by...
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June 07, 2024, 07:17 AM
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Renterra announced it has raised $3 million, led by Bienville Capital. This investment will accelerate Renterra's product development, expand its market reach, and enhance customer support services, ensuring that Renterra remains at the forefront of...
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April 17, 2024, 07:05 AM
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SitePro Rentals announced the opening of a new branch location in Dayton, TXs giving the equipment rental company a larger footprint to better support the greater Houston market. The 9,200 square foot facility on nearly six acres is SitePro’s 17th...
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April 09, 2024, 07:15 AM
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United Rentals, Inc., the world’s largest equipment rental company, announced it has been recognized as one of America’s Best Employers 2024. This award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry...
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March 22, 2024, 07:00 AM
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United Rentals has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses...
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March 18, 2024, 07:00 AM
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United Rentals, Inc. announced it has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively Yak) from Platinum Equity (Platinum) for approximately $1.1 billion...
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March 05, 2024, 07:18 AM
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Raiven, the leading purchasing and supply chain management platform, announced the addition of United Rentals, the world's largest equipment rental company, to its premiere group of suppliers. This partnership marks a significant step in providing...
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February 20, 2024, 07:10 AM
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Mazzotta Rentals, Inc., a supplier of construction equipment rentals, sales, service and parts, appointed Chris Pera as Chief Operating Officer (COO).Pera most recently oversaw the growth and transformation of ABLE Equipment Rentals, Inc.)....
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February 19, 2024, 07:20 AM
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United Rentals, Inc., the world’s largest equipment rental company, announced it was selected as one of the U.S. Best Managed Companies in the Drucker Institute’s annual Management Top 250 ranking. The prestigious award, presented by The Wall Street...
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December 27, 2023, 07:10 AM
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Equipment Depot, America's largest independently operated material handling and equipment rental source, announced it has been selected by Amazon Web Services, Inc. (AWS), to adopt AWS Supply Chain, a cloud-based application.As an early adopter in...
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December 04, 2023, 07:10 AM
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H&E Equipment Services, Inc. announced the acquisition of the equipment rental assets of Giffin Equipment, a California-based provider of non-residential construction and industrial equipment. The acquisition includes three branch locations and a...
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November 02, 2023, 07:05 AM
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SitePro Rentals announced the hiring of Doug Miller as its Senior Director of Marketing to help lead the company’s brand positioning and strategic marketing efforts. Miller comes to SitePro with over 20 years of experience leading high performing...
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October 31, 2023, 07:10 AM
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Equipment Depot, America's largest independently operated material handling and equipment rental source, continues to grow its core leadership team by announcing key executive and sales appointments, including Michael Norelli to Vice President of...
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October 20, 2023, 07:15 AM
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EquipmentShare announced it has completed an extension of its Series E equity raise, led by funds affiliated with BDT & MSD Partners. Through the extension, EquipmentShare raised an incremental $150 million from existing and new investors, for a...
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September 14, 2023, 07:10 AM
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Premier Truck Rental (PTR), a custom work truck and trailer provider, announced Jason Gold has joined the team as the new Chief Operating Officer (COO). With an extensive background in equipment rentals, Gold brings years of experience in strategic...
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September 13, 2023, 07:15 AM
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United Rentals, Inc. announced Dale Asplund, Executive Vice President and Chief Operating Officer, will leave the company on September 29 to take the role of President and Chief Executive Officer at another public company outside of the equipment...
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August 28, 2023, 07:15 AM
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Premier Truck Rental (PTR), a customized truck and trailer rental company, announced the addition of four talented sales professionals to the organization.Over the last nine years, PTR has experienced remarkable growth. Expanding the sales team comes...
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August 24, 2023, 07:05 AM
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Transcat, Inc., a provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced it has acquired all of the...
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August 09, 2023, 07:07 AM
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H&E Equipment Services Inc. (H&E) announced the opening of its Cleburne branch, its 23rd rental location in the state of Texas and the sixth in the Dallas-Fort Worth metro area. Since the beginning of the second quarter of this year, H&E has opened...
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August 08, 2023, 07:00 AM
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PLM Fleet LLC dba PLM Trailer Leasing appointed Paul Muenzer as Director of Rental Sales. He is responsible for overseeing rentals nationwide and managing the regional and inside rental sales teams.With over 10 years of leadership experience in...
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July 21, 2023, 07:10 AM
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McGrath RentCorp, a business-to-business rental company in North America, announced it has acquired the assets of Inland Leasing and Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with...
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July 07, 2023, 07:10 AM
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H&E Equipment Services Inc. (H&E) announced the opening of its Statesville branch, its eighth rental location in the state of North Carolina.The branch is located at 160 Ebenezer Road, Statesville, NC. It includes a fully fenced yard area, offices...
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July 05, 2023, 07:00 AM
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Cooper Equipment Rentals Limited announced the promotion of Brian Spilak to the position of Chief Operating Officer.Since joining Cooper in 2016, Spilak has played a central role in the company's growth and development, becoming an integral part of...
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June 30, 2023, 07:10 AM
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AmeraMex International, Inc., a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced it has received a $2.1 million equipment rental agreement from a West Coast customer.The five-year...
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June 07, 2023, 07:00 AM
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H&E Equipment Services Inc. announced the opening of its Monroe branch, its eighth rental location in the state of Louisiana.It includes a fully fenced yard area, offices, and a separate repair shop and is capable of handling a variety of...
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May 30, 2023, 07:07 AM
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Premier Truck Rental (PTR), a provider of custom truck and trailer rentals, announced the grand opening of its new facility in Fort Worth, TX. This facility is part of the company's ongoing expansion strategy and will enable it to better serve its...
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May 22, 2023, 07:00 AM
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McGrath RentCorp, a business-to-business rental company in North America, announced it has acquired the assets of Dixie Temporary Storage, a regional provider of portable storage solutions in the South Carolina market. The transaction was funded with...
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April 06, 2023, 07:07 AM
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Texada Software, creators of leading SaaS rental and mobile applications for the equipment industry, announced a merger with Uptake Canada, Inc., the equipment dealer software subsidiary of Uptake Technologies, which acquired what was formerly Canam...
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February 13, 2023, 07:15 AM
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Cooper Equipment Rentals Limited, a Canadian-owned and operated construction equipment rental company, announced the completed transaction to purchase 100 percent of the shares of Toronto-based Hub Equipment.Established in 1946 in Moncton, New...
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February 09, 2023, 07:05 AM
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Texas First Rentals, a division of HOLT, announced it has acquired Rental One, a full-service equipment and storage container rental company offering a complete line of construction equipment and supplies in 15 locations throughout the Dallas-Fort...
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December 13, 2022, 07:10 AM
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Griffin Dewatering, a portfolio company of Crossplane Capital, a Dallas, TX-based private equity firm, has acquired the Pump & Integrity Rental segment of Cross Country Infrastructure Services.Originally founded in 1978, Pump & Integrity is a...
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December 12, 2022, 07:00 AM
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United Rentals, Inc. announced the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the...
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November 14, 2022, 07:20 AM
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United Rentals, Inc. announced Ted Grace has been appointed Executive Vice President and Chief Financial Officer. Grace has served as interim Chief Financial Officer of United Rentals since July 29, 2022, and as the company’s primary investor contact...
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November 08, 2022, 07:15 AM
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United Rentals, Inc., the world’s largest equipment rental company, announced it has provided all-electric trucks to Shell for use at its Geismar (La.) Chemical Manufacturing site. Shell is using the rental equipment to support plant maintenance...
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November 03, 2022, 07:05 AM
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Manitex International, Inc., an international provider of truck cranes, specialized industrial equipment and construction equipment rental solutions, announced Richard Mills has been named President, Manitex North America. He will assume oversight of...
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October 18, 2022, 07:22 AM
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Hunter Street, a Minneapolis, MN-based alternative investment management firm, announced it has sold its All-Star Rents platform focused on the sale, rental and servicing of light equipment to HercRentals.The initial acquisition in September 2020 of...
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October 13, 2022, 07:08 AM
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H&E Equipment Services Inc. announced the completion of its acquisition of One Source Equipment Rentals Inc. With the closing of the transaction, H&E adds 10 equipment rental locations to its branch network, including initial locations in Illinois...
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October 04, 2022, 07:15 AM
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Quipli, a SaaS provider of rental software for independent rental companies continues its explosive growth to over 100 unique rental company customers in 12 months from its first launch."Our goal from the beginning was to deliver the technology that...
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September 30, 2022, 07:12 AM
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Eqpme, the online heavy equipment rental marketplace, announced the beta launch of an equipment damage protection program in April 2022 that was offered as an option to rental customers and equipment owners using its platform. The insurance program...
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September 28, 2022, 07:20 AM
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Manitex International, an international provider of truck cranes, specialized industrial equipment and construction equipment rental solutions, announced it has received a continuation order valued at up to $3 million, for articulated cranes, from an...
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September 26, 2022, 07:15 AM
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H&E Equipment Services Inc. (H&E) announces the opening of its New Castle branch, the first in the state of Delaware.The branch is located at 9 Bellecor Drive. It includes a fully fenced yard area, offices and a separate repair shop. It is capable of...
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September 26, 2022, 07:05 AM
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H&E Equipment Services, Inc. announced the signing of a definitive agreement to acquire One Source Equipment Rental, Inc., a provider of non-residential construction and industrial equipment with operations in the Midwest and Southern U.S. One Source...
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September 20, 2022, 07:18 AM
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Harkness Capital Partners (HCP), a private equity firm, completed an investment in Capital Pump & Equipment (CPE), a specialty pump rental and services platform based in Chandler, AZ.Founded by Tom Henderson and Dan Foley, CPE is a specialty rental...
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September 16, 2022, 07:00 AM
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Orange EV, a manufacturer of heavy-duty electric trucks, has expanded its yard truck rental program to offer the largest electric spotter rental fleet across the United States. These all-electric rentals are now available in 48 states, providing...
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August 29, 2022, 07:20 AM
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CraneWorks, Inc., announced that Eric Rhodes has joined the company as General Manager, leading the Houston headquarters and Dallas-Fort Worth field office. He possesses a broad background in several key industries that CraneWorks serves, including...
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August 15, 2022, 07:07 AM
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United Rentals, Inc. announced a new data-driven solution in its cloud-based Total Control fleet management platform that helps to provide information customers can use as part of their programs to monitor and manage their environmental impact. With...
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August 04, 2022, 07:00 AM
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Cooper Equipment Rentals Limited, a Canadian-owned and operated construction equipment rental company, announced the completed transaction to purchase 100 percent of the shares of Airdrie, Alberta-based One Stop Rentals/Sales Ltd. (One Stop)....
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August 02, 2022, 07:00 AM
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Texas First Rentals, a division of HOLT, announced it has acquired Class A Equipment Rentals, a construction equipment rental company, located in Fredericksburg, TX.Texas First Rentals is a construction equipment rental company, offering rental...
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August 01, 2022, 07:05 AM
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Mercedes-Benz Vans Canada announced a new agreement with Enterprise Holdings, the world’s largest vehicle rental business, marking a significant addition to its growing list of fleet partnerships.Mercedes-Benz Vans Canada has begun delivery of more...
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July 22, 2022, 07:19 AM
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ABLE Equipment Rental, Inc. of NY (ABLE), one of the largest independent rental companies in the United States, announced it has acquired the equipment rental assets, and service operations, of Extreme Rentals USA, LLC located in Manassas, VA. The...
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July 18, 2022, 07:15 AM
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GP Capital Partners, LP announced its recent investment in Opifex LLC, an independent provider of construction rental equipment and supplies to the industrial, infrastructure, sports and commercial building construction markets. The company qualifies...
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June 29, 2022, 07:16 AM
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SmartEquip, a Ritchie Bros. company, welcomed Europe’s largest equipment rental company, Loxam, to its global equipment service and parts procurement network. In addition to supporting Loxam locations across France, where the solution is scheduled to...
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June 10, 2022, 07:12 AM
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CenterGate Capital, an Austin, TX-based private equity investment firm, announced its affiliate has made an investment in RC Rasmussen Corporation, a specialized equipment solutions provider supporting critical marine infrastructure throughout North...
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June 07, 2022, 07:05 AM
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EquipmentShare, a fast-growing equipment rental and technology company, has added a second patriotically wrapped telehandler to its rental fleet to demonstrate its commitment to hiring and supporting veterans and service members. The Genie GTH-1056...
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May 31, 2022, 07:10 AM
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ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of construction equipment rentals, sales, service and parts, announced an increase to its existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent.The $175 million facility...
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May 12, 2022, 07:10 AM
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United Rentals, Inc., the world’s largest equipment rental company, announced a new agreement with Ford Pro to purchase all-electric vehicles for its North American rental and company fleets. The agreement initially includes orders for 500 F-150...
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May 12, 2022, 07:09 AM
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AMECO, a provider of construction and maintenance Site Services planning and delivery, announced it has acquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programs. The synergies between both companies will...
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May 06, 2022, 07:05 AM
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Eqpme, the online heavy equipment rental marketplace, announced the launch of an equipment damage protection program that will be offered to its equipment rental customers. The program will be underwritten by Great American Spirit Insurance Company...
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April 11, 2022, 07:20 AM
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Hugg & Hall Equipment Company, an industrial and construction equipment provider in Arkansas, Oklahoma, Louisiana, Missouri and Texas announced the acquisition of Southern Material Handling Company of eastern Oklahoma. “When I made the decision to...
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April 04, 2022, 07:10 AM
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United Rentals, Inc. announced it has been selected by Newsweek as one of America’s Most Trusted Companies 2022. United Rentals was ranked first in its category. This award is presented by Newsweek and Statista Inc., a statistics portal and industry...
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March 28, 2022, 07:07 AM
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Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced it has entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing...
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March 16, 2022, 07:17 AM
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Resolute Industrial Holdings, LLC, an independent provider of specialty HVAC and power equipment rental solutions, announced it has acquired Rocky Mountain Portable Cooling (RMPC). RMPC will operate under Resolute Industrial's rental division, Mobile...
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March 14, 2022, 07:11 AM
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Sunbelt Rentals has announced the availability of a new mobile app. The Sunbelt Rentals Mobile App allows customers to manage all aspects of their rental experience and is available at the Apple App Store and Google Play.“We’re excited to offer this...
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March 14, 2022, 07:10 AM
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The latest updated quarterly American Rental Association (ARA) forecast for equipment rental revenue now calls for a 10.2 percent increase in 2022 to reach $52.7 billion in the United States, a slight increase from the previous forecast in October...
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February 24, 2022, 07:20 AM
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The Bay Crane Companies, Inc., the largest provider of specialty crane and rigging equipment services in the Northeast, announced the acquisition of Capital City Group, Inc. The transaction results in Bay Crane ranking in the top 10 largest crane...
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February 18, 2022, 07:10 AM
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Encina Lender Finance, LLC (ELF) and Georgia Banking Company (GBC) announced they have provided a $40 million senior credit facility to Microf LLC (Microf), a provider of rent-to-own and lease-purchase solutions for residential HVAC systems. The...
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February 14, 2022, 07:12 AM
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Clarus Capital announced it has completed a new $10 million lease facility for an established crane rental company.Clarus’ transaction team was led by Jarrod Hicks. “I have been following the crane industry closely for many years and I was pleased to...
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February 08, 2022, 07:20 AM
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CIT, a division of First Citizens Bank, announced its Asset-Based Lending business served as sole lender on a $35 million senior secured credit facility for D.P. Nicoli Inc.D.P. Nicoli is a leading provider of trench shoring rental equipment to...
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February 03, 2022, 07:12 AM
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Hunter Street Partners, a Minneapolis, MN-based alternative investment management firm, announced the expansion of its All-Star Rents platform through the acquisition of two equipment rental facilities that focus on the sale, rental and servicing of...
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January 31, 2022, 07:09 AM
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Custom Truck One Source, Inc. announced the completion of the acquisition of HiRail Leasing, Northshore Rail Contracting and Heavy Equipment Repairs (collectively, HiRail or the HiRail Leasing Group) for $46.0 million, subject to fleet and other...
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January 21, 2022, 07:07 AM
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Cooper Equipment Rentals Limited, an independent equipment rental company in Canada, announced it has acquired Eze Rent-It Centre (EZE) in British Columbia and Stayner Rental in Ontario. Established in 1986, EZE has three locations in the Fraser...
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January 03, 2022, 07:07 AM
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Maxim Crane Works L.P., the world’s largest crane rental company, announced the appointment of Paul McDonnell as Chief Executive Officer. McDonnell will also join the company’s Board of Directors.McDonnell has more than 25 years of experience in the...
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December 07, 2021, 07:20 AM
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Adorama Rental Company (ARC), an equipment rental house for high-end digital cinematography, welcomed Mike Nichols as Vice President of Sales and Marketing. In this role, Nichols will be responsible for building a five-year strategy with a focus on...
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November 18, 2021, 07:10 AM
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The outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, remains positive for 2021 and beyond. The updated third quarter forecast released by the American Rental Association (ARA), shows equipment...
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October 20, 2021, 07:15 AM
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Sammons Industrial, a wholly owned subsidiary of Sammons Enterprises, Inc. and parent company of the Enterprises’ industrial investments and operating companies, announced the launch of Dallas, TX-based SitePro Rentals, a general equipment rental...
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October 07, 2021, 07:12 AM
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H&E Equipment Services, Inc. announced it has completed the sale of the company’s crane business to a wholly owned subsidiary of The Manitowoc Company, Inc. Proceeds from the sale are an estimated $130 million in cash, pending the finalization of net...
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October 04, 2021, 07:17 AM
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SmartEquip announced the commercial launch of its services in the Japan market, operated in partnership with Tokyo-based Diamond Construction Equipment Corp. The SmartEquip Network is now fully operational in Japan, with a growing number of Japanese...
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September 27, 2021, 07:03 AM
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Herc Holdings Inc., a North American equipment rental supplier operating as Herc Rentals Inc., announced it has acquired Dwight Crane Ltd. and its U.S. affiliate, LRX LLC. Dwight Crane is an entertainment equipment rental business based in Ajax...
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September 07, 2021, 07:18 AM
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Herc Holdings Inc., a North American equipment rental supplier operating as Herc Rentals Inc., announced it has completed the acquisition of substantially all the assets of Texas-based CBS Rentals (CBS). CBS is a full-service general equipment rental...
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August 31, 2021, 07:20 AM
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Herc Holdings, a leading North American equipment rental supplier operating as Herc Rentals, entered a purchase agreement to acquire substantially all the assets of Texas-based CBS Rentals (CBS). The transaction, which is subject to customary closing...
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August 18, 2021, 08:00 AM
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H&E Equipment Services, Inc. announced it has entered into a definitive agreement to sell its crane business to a wholly owned subsidiary of The Manitowoc Company, Inc., a global manufacturer of cranes and lifting solutions, for $130 million in cash...
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July 21, 2021, 07:17 AM
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Zedcor Inc. announced it has completed the sale of its Rentals Segment assets to Maynbridge Capital Inc. Gross cash proceeds from the transaction were $11.3 million.This amount will be applied against Zedcor's indebtedness to Maynbridge. As a result...
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July 12, 2021, 07:10 AM
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As part of the stated strategy to accelerate growth in the pure play rental business, H&E Equipment Services announced the return of industry veteran David Hobbs to the company as Executive Vice President. In his role, Hobbs has managerial...
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June 03, 2021, 07:13 AM
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United Rentals, Inc. announced has completed the previously announced acquisition of General Finance Corporation in a roughly $1 billion deal.Matthew Flannery, Chief Executive Officer of United Rentals, said, “We’re delighted to welcome our new...
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May 26, 2021, 07:15 AM
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Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its peak totals in 2022 according to the latest forecast released by the American Rental Association (ARA).The updated forecast...
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May 19, 2021, 07:20 AM
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United Rentals, Inc. and General Finance Corporation announced their entry into a definitive agreement under which United Rentals will acquire General Finance for $19 a share in cash, representing a total enterprise value of approximately $996...
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April 16, 2021, 07:25 AM
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United Rentals, Inc. announced it has acquired Franklin Equipment, LLC, a regional provider of equipment rentals, sales and related services in the Midwest and Southeast.Franklin Equipment was founded in 2008. It grew to 20 locations serving general...
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April 15, 2021, 07:03 AM
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Hertz Global Holdings selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC (collectively, the "Sponsorship Group") to provide the equity capital required to fund Hertz's exit from...
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April 07, 2021, 06:55 AM
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IronUp, founded by equipment data and software veterans Garrett Schemmel and Sam Giffin, leaves private beta and is now widely available. IronUp, for the first time, allows equipment renters to manage their rented fleets from all suppliers in one...
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March 10, 2021, 07:10 AM
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Ritchie Bros.' February Florida auction is a destination event for equipment buyers and sellers, attracting thousands of people from around the world to the Sunshine State. This year, with COVID-safety its focus and a wealth of technology in its...
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February 23, 2021, 07:10 AM
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For the first time since the coronavirus (COVID-19) pandemic adversely impacted the equipment and event rental industry last year, the latest the American Rental Association (ARA) forecast calls for more positive growth in 2021 and beyond.The...
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February 19, 2021, 07:18 AM
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BigRentz, the nation’s largest equipment rental network, announced Tom Belmont has been appointed Chief Operating Officer reporting to Scott Cannon, Chairman and Chief Executive Officer. Belmont brings over 30 years of experience to BigRentz with...
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February 02, 2021, 07:00 AM
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Equipment Depot, America’s largest independently operated material handling and equipment rental dealer group, announced that Capital Equipment & Handling, Inc. (CEH) has joined the Equipment Depot organization. Over the coming months, CEH will...
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January 28, 2021, 07:00 AM
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InfraServ US, LLC, an industrial equipment dealership and services platform, announced it has acquired the Bobcat Southwest dealership group. The acquisition will be completed through InfraServ's subsidiary, Gateway Dealer Network, a provider of...
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December 30, 2020, 07:15 AM
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ABLE Equipment Rental, Inc. of NY, a supplier of construction equipment rentals, sales, service and parts, announced the appointment of Robert Veshosky as Vice President of Sales. Veshosky joins ABLE with more than 25 years of management experience...
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December 29, 2020, 07:17 AM
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ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of construction equipment rentals, sales, service and parts, announce it has purchased the equipment assets and service operations of GAR Equipment, Inc., in South Plainfield, NJ. The transaction...
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December 07, 2020, 07:00 AM
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The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 billion in the United States.However, the latest forecast released by the association calls...
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November 16, 2020, 07:22 AM
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Hunter Street Partners, a Minneapolis, MN-based alternative investment management firm, announced the launch of a scalable platform to invest in equipment rental companies. Hunter Street has acquired All-Star Equipment Rental of Naples, a single-site...
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September 25, 2020, 07:11 AM
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Durante Rentals announced the appointment of Liam J. Harrington as its new President. In this expanded role, Harrington will be responsible for day-to-day operations, sales, marketing, technology, and finance. Prior to this promotion, Harrington had...
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August 07, 2020, 07:05 AM
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Snorkel, a global manufacturer of mobile elevating work platforms, announced its partnership with Caterpillar Inc. as a preferred vendor for The Cat Allied Vendor Program.Expanding upon the existing relationship that Xtreme Manufacturing has enjoyed...
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April 30, 2020, 07:00 AM
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Equipment and event rental companies are expected to generate $58.1 billion in revenue in the United States in 2020, up 3.8 percent compared to 2019, according to the latest updated forecast released today by the American Rental Association...
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February 12, 2020, 07:20 AM
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Durante Rentals announced the appointment of Liam J. Harrington as its Chief Operating Officer. Harrington joins Durante Rentals with over eight years of experience in the equipment rental industry, previously working for two multi-billion-dollar...
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October 03, 2019, 07:10 AM
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BigRentz announced it is continuing to grow its footprint and now has a total of 2,500 rental partners serving more than 8,500 locations nationwide. The increase in rental suppliers range from dumpsters to cranes and everything in between. “Our...
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September 26, 2019, 07:07 AM
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Fluor Corporation announced the results of its strategic review and operational review. As a result of the strategic review, the Texas company is initiating plans to sell its construction equipment rental company, AMECO, as well as its government...
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September 25, 2019, 07:16 AM
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Cooper Equipment Rentals Limited, the leading full-service construction equipment rental company in Canada, announced it has acquired Star Rentals Ltd. Star Rentals is the largest independent equipment rental company in the Lower Mainland of...
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January 22, 2019, 07:24 AM
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The American Rental Association (ARA) five-year forecast updated in late October now forecasts equipment and event rental revenues in North America to exceed $71.7 billion in 2022, including $65.4 billion in the United States and $6.3 billion in...
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November 20, 2018, 07:17 AM
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The American Rental Association (ARA), for the second quarter in a row, is projecting larger increases in revenue almost across the board for the equipment and event rental industry than it did in the previous five-year forecast released in May.The...
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August 27, 2018, 07:15 AM
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Tiger Rental Group, LLC has refinanced its $160 million credit facilities, consisting of a $100 million senior first lien term loan with Orion Energy Partners, L.P. and a $60 million working capital revolving credit facility with JPMorgan Chase Bank...
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August 13, 2018, 07:10 AM
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United Rentals, Inc. and BakerCorp International Holdings, Inc. announced they have entered into a definitive agreement under which United Rentals will acquire BakerCorp for approximately $715 million in cash.The boards of directors of United Rentals...
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July 03, 2018, 07:19 AM
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United Rentals, Inc. announced William Plummer will retire as executive vice president and chief financial officer on Oct. 12. Plummer is the company’s longest-serving CFO, having joined United Rentals in 2008. He will remain with United Rentals...
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July 03, 2018, 07:09 AM
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United Rentals and Neff Corporation, operating as Neff Rental announced that they have entered into a definitive agreement under which United Rentals will acquire Neff for $25 per share in cash, representing a total purchase price of approximately $1...
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August 17, 2017, 07:11 AM
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United Rentals, Inc. and NES Rentals Holdings II, Inc. (“NES”) announced that they have entered into a definitive agreement under which United Rentals will acquire NES for approximately $965 million in cash. The board of directors of United Rentals...
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January 26, 2017, 07:13 AM
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The April Rouse Value Index™ for used equipment prices decreased to 43.2, down 0.4% from March values. The decrease is the twelfth consecutive month of declines. The April value is down 7.9% from the mid-2015 peak of 46.9, and is now below the April...
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June 02, 2016, 06:10 AM
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The American Rental Association (ARA), which offers quarterly updates to its five-year forecast for equipment rental industry revenue to reflect more current economic factors, has released its second quarter outlook, which calls for continued revenue...
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May 05, 2016, 07:17 AM
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The equipment rental industry stands poised to set an industry record for revenues in 2015 according to the latest updated industry forecast from the American Rental Association (ARA), despite reduced demand for equipment in oil patch drilling sites....
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May 12, 2015, 07:15 AM
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Rental Pulse reported the equipment rental industry in the United States is expected to generate $33.6 billion in revenue in 2013, according to the American Rental Association's (ARA) latest forecast from the ARA Rental Market Monitor updated in May....
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May 20, 2013, 07:08 AM
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March OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.3% from February values. For the six months ending March 31st, 2013, average index values are up 0.9%. Eight out of fourteen...
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May 02, 2013, 07:00 AM
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According to the December Rouse Rental Report, November OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.5% from October values. For the six months ending November 30th, 2012, average...
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December 24, 2012, 07:18 AM
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According to the latest Rouse Rental Report, September OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.2% from August values. For the six months ending September 30th, 2012, average...
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October 26, 2012, 06:49 AM
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