All Business & Finance Articles

Rental news highlights
Rental news highlights from around the world
Rental appointments
People news from the worldwide rental sector
Strength in numbers
Three of the biggest US rental companies – United Rentals, RSC and Volvo Rents - are using sophisticated customer benchmarking techniques to measure how they are performing. Lucy M Peterson, in the first of a two-part article, reports.
Scale benefits
Malcolm Jackman is leading the integration of Coates and National Hire following the December acquisition and has ambitious global aims for the business, as he explains to IRN’s Murray Pollok.
Growing?
Jeff Eisenberg, IRN’s finance correspondent, looks at the how the financial benchmark numbers for the world’s top five rental companies have changed in the last year.
Cat sees potential in 'big box' rentals
Caterpillar sees the potential to substantially expand its Cat Rental Store network in North America by creating rental operations inside Home Depot stores.
Haulotte identifies world's growth zones
Growth in the world's aerial platform market will come from new developing markets in Eastern Europe, South America and Asia this year, with the US market down and Europe flat, forecast Alexandre Saubot, chief operating officer of Haulotte Group.
ConExpo buzzing but caution remains
This month's Conexpo-Con/Agg may have set records for attendance and exhibitor space - visitor levels up 16% to 144600 and exhibit space more than 20% higher than 2005 - but there was no disguising an uncertain outlook for the US rental sector.
'No change' at Rental Force
Netherlands-based Caterpillar dealer Pon Equipment acquired Rental Force, also in The Netherlands, on 1 January 2008. Under the terms of the sale Rental Force, based in Cruquius, will not operate as a Cat Rental Store.
BM Location expands rental offering
Bergerat Monnoyeur Location (BM Loc), the French Cat Rental Store business operated by Caterpillar dealer Bergerat Monnoyeur, is to expand its product offering to general contractors and builders under a new ‘Pack Batiment’ programme.
New Holland trials dealer rental
New Holland is trialing a dealer rental business in Unna, Germany, with 40 machines currently in the fleet.
Rental news highlights
Rental news highlights from the April 2008 issue of IRN.
Cat's plans for 500 new stores
Caterpillar said it wants to open more that 550 new Cat Rental Store locations worldwide within the next three years. The ambition was announced the weekend before the Conexpo exhibition as Cat marked the opening of its 500th US store and the 10th anniversary of the creation of the first Cat Rental Store.
HUNE continues rapid expansion
Spanish rental company HUNE (formerly Euroloc) has ambitious growth plans for 2008 despite having made three major acquisitions during 2007. The company aims to open 25 greenfield depots this year and invest €125 million in expanding its fleet.
JCB selection
UK manufacturer JCB sold over 70000 machines in 2007, and is starting 2008 with the launch of new mini and large excavators as well as telehandlers and compact loaders. Chris Sleight reports.
Compact utilities
Compact equipment manufacturer Komatsu Utility is updating and adding to its range of mini and midi excavators, adding features that will find favour with rental companies. Murray Pollok reports from the company’s production plant in Este, Italy.
Clear vision?
Japan’s Aichi Corp has finally shown its new ‘global’ machines in public, and also outlined an ambition to be the world’s biggest aerial platform manufacturer. Murray Pollok tried to get the details from Aichi’s CEO, Shinji Takeuchi.
Fleet financing
What are the benefits of using a manufacturer’s ‘captive’ finance programme in acquiring your rental fleet? Murray Pollok talked to manufacturers, financial consultants and rental companies about their favoured finance sources.
Freefall
What has caused the dramatic fall in the share prices of major equipment rental companies, and what impact will it have? IRN’s finance correspondent, Jeff Eisenberg, reports.
Ahern on the US rental scene
Ahern Rentals has been one of the fastest growing independent rental companies in the US for the past 10 years. Now, however, the company’s founder and president, Don Ahern, is becoming more cautious about growth. He spoke to John Wyatt at one of Ahern’s rental yards in Las Vegas.
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