All General Articles
Green shoots of recovery could be seen in 2025, says market analyst
REIC saw the potential in specialty rental a decade ago, and its executive chairman says there’s every reason to stay the course for the future
US equipment rental resouce to streamline automated warehouse picking and transport capabilities
Director of operations steps up to CEO position
Company joins a number of green initiatives
Equipment made available through new partnership
Volvo Construction Equipment recently unveiled its 2023 financial results, with sales up by 1% on a currency-adjusted basis to SEK 105 billion. Here are four things we learned from its annual report.
Revenues in line with gudiance, but one market downgraded
Enters new specialty rental market with latest deal
The deal to acquire Yak will add annual revenues of $350 million, but there are other benefits too
France-based centre is first of two to open this year
Following the end of its manufacturing agreement with Hitachi, John Deere has been working on the introduction of its own line of excavators, designed and built in the US
The European Investment Bank announced in 2019 it would phase out lending to fossil fuel projects and has since funded several rental firms investing in zero-emission equipment
Lord Bamford has gone on to play a significant role in the growth of the company and helped it to become one of the world’s largest OEMs
Company reports 2023 rental revenues excceeding $1bn
Construction input prices surged in early 2024 and there may be more to come.
Rental penetration has reached pre-pandemic levels and growth expectations are higher than expected
Chinese OEM chooses new location in Mexico for MEWP manufacturing facility
Current COO to take on CEO role
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