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News Stories (39 Results) - Rental News

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... Read Story
July 21, 2021, 07:17 AM


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... Read Story
July 12, 2021, 07:10 AM


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... Read Story
June 03, 2021, 07:13 AM


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... Read Story
May 26, 2021, 07:15 AM


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... Read Story
May 19, 2021, 07:20 AM


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... Read Story
April 16, 2021, 07:25 AM


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... Read Story
April 15, 2021, 07:03 AM


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... Read Story
April 07, 2021, 06:55 AM


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... Read Story
March 10, 2021, 07:10 AM


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... Read Story
February 23, 2021, 07:10 AM


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... Read Story
February 19, 2021, 07:18 AM


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... Read Story
February 02, 2021, 07:00 AM


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... Read Story
January 28, 2021, 07:00 AM


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... Read Story
December 30, 2020, 07:15 AM


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... Read Story
December 29, 2020, 07:17 AM


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... Read Story
December 07, 2020, 07:00 AM


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... Read Story
November 16, 2020, 07:22 AM


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... Read Story
September 25, 2020, 07:11 AM


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... Read Story
August 07, 2020, 07:05 AM


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... Read Story
April 30, 2020, 07:00 AM


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... Read Story
February 12, 2020, 07:20 AM


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... Read Story
October 03, 2019, 07:10 AM


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... Read Story
September 26, 2019, 07:07 AM


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... Read Story
September 25, 2019, 07:16 AM


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... Read Story
January 22, 2019, 07:24 AM


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... Read Story
November 20, 2018, 07:17 AM


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... Read Story
August 27, 2018, 07:15 AM


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... Read Story
August 13, 2018, 07:10 AM


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... Read Story
July 03, 2018, 07:19 AM


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... Read Story
July 03, 2018, 07:09 AM


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... Read Story
August 17, 2017, 07:11 AM


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... Read Story
January 26, 2017, 07:13 AM


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... Read Story
June 02, 2016, 06:10 AM


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... Read Story
May 05, 2016, 07:17 AM


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.... Read Story
May 12, 2015, 07:15 AM


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.... Read Story
May 20, 2013, 07:08 AM


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... Read Story
May 02, 2013, 07:00 AM


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... Read Story
December 24, 2012, 07:18 AM


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... Read Story
October 26, 2012, 06:49 AM