All Rental Articles

A new report into the UK’s plant hire market forecasts a 6% fall in revenues in 2010 to follow the almost 22% drop last year, with a very slow recovery starting in 2011. The report forecasts that revenues in 2014 will still be more than 20% down on the market peak of 2007.

United Rentals has created a used equipment web portal offering thousands of items for sale in more than 40 equipment categories. United said it will be one of the largest sources of pre-owned rental equipment sold directly by the owner.

Ramirent has unveiled a new corporate identity strategy that will see it move increasingly towards a unified brand, with one consequence being that Ramirent will replace Bautas as the company's brand in Norway.

Finning International is still considering whether to sell its UK rental subsidiary Hewden and will announce its decision by the end of the second quarter.

A new guide to the safe use of quick-hitches has been published in the UK outlining the responsibilities of all those involved in the use and planning of construction equipment.

Australian heavy equipment rental company Emeco is to close its European business in July 2010 and consolidate its US activities into its Canadian operations.

JLG's Craig Paylor said he favours a registration and service history system for large equipment to help rental companies and fleet owners keep machines for longer and extract their full economic value.

Hertz Corp said it will open 10 new equipment rental locations during 2010 to tap into markets emerging from recession and to support key industries such as petro-chemicals.

The fourth Europlatform Conference will take place in Madrid at the Eurostars Madrid Tower Hotel and later the same week the first ELEVarte event will take place.

Terex Corp made a net loss of US$114.8 million in the fourth quarter of the year with its AWP and Construction divisions being the worst performers, making operating losses of $32.6 million and $89.6 million, respectively.

RSC Equipment Rental said it expected the first half of 2010 to be challenging but that it anticipated an improvement in business conditions in the second half of the year with a recovery in industrial business leading the construction sector.

Ramirent’s final quarter of 2009 was the weakest of the year, with a net loss of €9.3 million on revenues of €126.2 million, which were down 26.9% on the corresponding quarter in 2008.

Terex Aerial Work Platforms, a business segment of Terex Corp., now offers extra platform capacity within restricted outreach on four Genie telescopic booms as a standard feature.

At the 2010 Rental Show in Orlando, Custom Equipment took the wraps off its new self-propelled unit, the HB-S830 and its new push-around unit, the HB-P830.

Aggreko has won two contacts in Oman and Panama for the supply of 215 MW of temporary power with a combined value of US$75 million. The 100 MW Panama contract is the company’s largest ever in the region.

A new ‘best practice’ guide on training and familiarization for aerial work platforms in the US and been launched following a collabaration between trade associations, manufacturers and rental companies.

Cramo’s final quarter of 2009 saw little recovery in its markets – sales were down 19.5% to €115.4 million – and one-off impairment charges of almost €22 million in the final quarter contributed to a €39 million overall loss for the company in 2009. It anticipates a “challenging” first quarter of 2010.

Sullair Corporation plans to close its portable compressor and pneumatic tool factory in Montbrison, France later this year. Workers at the site are currently on strike as discussions with Sullair continue.

The American Rental Association’s Rental Show – taking place this week in Orlando, Florida – has seen busier aisle traffic than last year’s Atlanta event and evidence of increased optimism, but few at the show were predicting a significant recovery in the US rental market this year.

Gehl Co. has added two new telehandler models to its product line.