All Rental Articles
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.
Pump equipment producer breaks ground on Godwin factory extension in New Jersey, US
United Rentals and RSC announced on Monday that the proposed acquisition deal had passed one antitrust deadline in the US but that Canadian competition authorities had requested further information on the transaction.
US equipment manufacturer Bandit Industries has launched a beltless small stump grinder.
UK-based equipment hire firm Speedy has launched an app for iPhone to enable customers to access depots while out of station.
APR Energy (APR) has announced a 165% growth in top line revenues for the last quarter of 2011.
Hertz has acquired Cinelease, a film and TV rental specialist, for an undisclosed price from private equity company Audax. Hertz said the deal would add around US$50 million in revenues to its equipment rental operations in 2012.
In a surprise move Riwal has appointed former Hertz Equipment Rental Corp (HERC) executive Norty Turner as its new chief executive officer, replacing Dick Schalekamp who will continue to play an active role in the company and serve on the supervisory board.
EU funding will support transport infrastructure developments throughout Europe
Double digit increases in Romania and Poland offset declines in Portugal, Bulgaria and Slovenia
The German Construction Industry Federation has forecast revenue growth of 2.5% in 2012
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