All Rental Articles

Jeff Eisenberg, IRN's finance correspondent, looks at the financial aspects of United Rentals’ proposed acquisition of RSC Equipment Rental and asks, is it a good deal?

LiftSmart, a manufacturer of portable, aluminum telescopic material lifts for the construction and equipment rental markets, is unveiling two new material lift product families representing a total of 11 new material lift models at the The Rental Show Feb. 5-8 in New Orleans.

Respondents to annual KPMG survey identify energy sector as having greatest short-term potential for construction market

Algeco Scotsman has acquired Eurobras Group, a Brazilian portable accommodation rental company, giving it an entry into one of the fastest growing rental markets in the world.

Wynne Systems has announced that Ramirent has chosen to implement its RentalMan and InfoManager applications throughout its business. The contract follows a trial with Ramirent in Sweden over the past year.

UK rental company Fork Rent has ordered 600 JCB loadall telescopic handlers as part of its 2012 expansion programme.

Caterpillar unveiled its newest telehandler at World of Concrete 2012 - the TL1255C. The machine is the largest in the company’s C Series range, featuring a maximum lift capacity of 12,000 pounds and a maximum lift height of 54.3 feet.

Caterpillar has followed up its recent international power project (IPP) deals with APR Energy and Energy International Inc by announcing a further IPP partnership with Energyst Cat Rental Power, the Netherlands-based power rental company jointly owned by a number of European Caterpillar dealers.

Forecast predicts market will expand +5.2% per year by 2015, a slowdown compared to the 2005-2010 period

The new president of Brazilian rental association ALEC is Marco Aurélio da Cunha, managing director of São Paulo Locadora de Máquinas e Equipamentos Ltda, a general equipment rental company with depots in São Paulo, Curitiba and Praia Grande.

The May-June issue of International Rental News (IRN) magazine is now available to download or view online.

RSC Equipment Rental said it was expecting a “strong 2012” after releasing positive results for the fourth quarter of 2011, with rental revenues up 27% to US$364 million and total revenues increasing 24% to $421 million. Full year revenues rose 23.3% to $1522 million.

United Rentals finished 2011 with another strong quarter, reporting total revenues up 25% to US$746 million and net profits of $29 million, reversing the $17 million loss in the same quarter of 2010.

Total revenues rise +41% year-on-year on acquisitions and increased equipment demand from international markets

Loxam is launching a new project to open small rental stores in inner city areas targeting builders, electricians and plumbers working on city centre projects. The first LoxamCity store was opened in the Bastille quarter of Paris in November and Loxam plans further openings in the city as well as other French towns.

More than 115 exhibitors are exhibiting at this year's Executive Hire Show (EHS), the annual UK showcase for the rental and tool hire sector, taking place at the Ricoh Arena in Coventry on 8 and 9 February.

Leach Lewis Heavy, the newest division of the UK construction equipment dealer, has been appointed as the authorised dealer for Dieci's Telescopic and Roto Telehandler range.

More than 115 exhibitors are exhibiting at this year’s Executive Hire Show (EHS), the annual UK showcase for the rental and tool hire sector, taking place at the Ricoh Arena in Coventry on 8 and 9 February.

Manitou and Toyota Material Handling Europe (TMHE) and have jointly decided to end Manitou's exclusive distribution agreement for Toyota forklifts in France from 1 January 2013.