All Rental Management Articles
Round-up of rental and equipment news from around the world.
Rental news highlights from around the world
The recent rental seminar during the Samoter show generated an interesting debate between those who felt that dealer/manufacturer-led rental operations (which are common in Italy) should be encouraged and those who favoured the development of an independent rental sector.
Gererd Deprez talks about ERA’s progress and goals for the future as the organisation prepares for its major convention in Amsterdam in June.
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.
The number of manufacturers offering asset tracking systems is growing every month. Has the time come when every rental company should be investing in remote monitoring technology to manage their fleets? Murray Pollok reports.
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.
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.
Caterpillar sees the potential to substantially expand its Cat Rental Store network in North America by creating rental operations inside Home Depot stores.
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 is trialing a dealer rental business in Unna, Germany, with 40 machines currently in the fleet.
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.
ERA will hold a wide selection of seminars and workshops during its 2008 Convention in Amsterdam on 3-5 June. The events will take place at the RAI exhibition centre is spaces adjoining the International Rental Exhibition (IRE).
People news for around the world.
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.
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.
Renowned US rental consultant Dan Kaplan will give the keynote address at the European Rental Association’s annual convention in Amsterdam in June. The convention tales place alongside the new International Rental Exhibition (IRE) at the RAI exhibition centre on 3-5 June.
German online rental company, erento, is planning to expand throughout Europe and has just started operations in the UK with the support of Hire Association Europe (HAE).
News highlights for March 2008
Spanish rental company Euroloc has renamed itself HUNE. The rebranding – which reflects four of its existing names, Homs, Umesa, Nacanco and Euroloc – comes as the company reported total revenues in 2007 of €233.7 million, up from €75.6 million in 2006 and higher than the €225 million previously forecast.