All Rental Articles

Kneeland confirmed as CEO at United Rentals
United Rentals has appointed Michael Kneeland as president and chief executive officer. Mr Kneeland, who was unanimously selected by United’s board, has been interim CEO since June 2007.
Brazil's Solaris creates earthmoving rental division
Brazilian rental company Solaris Equipamentos e Serviços LTDA (Solaris) aims to capitalize on growth in Brazil’s infrastructure and construction markets by creating an earthmoving equipment rental division to add to the aerial platform, telehandler and power rental operations it already has.
Remote Dynamics adds global satellite tracking
US asset tracking company Remote Dynamics has introduced a global satellite tracking capability for its Rediview construction fleet tracking software.
Atlas Copco rebrands specialty rental operations
Atlas Copco’s Specialty Rental division has rebranded all its rental operations to include the Atlas Copco name. The businesses were previously operated under their original brands.
Energyst develops 1250 kVA offshore power module
Energyst Cat Rental Power in Europe has developed a 1250 kVA containerized power module for use in offshore oil rigs.
Vp makes "good progress" in the UK
UK rental company Vp plc said its businesses had made "good progress" since June 2008 despite a more challenging business environment.
Aggreko targets oil sands projects with Canadian acquisition
Aggreko has agreed to buy Canadian power rental company Power Plus Rentals and Sales for up to C$38.7 million (£19.5 million). Power Plus is based in Edmonton and provides power for companies operating in the Athabasca Oil Sands areas in Alberta and Saskatchewan.
Branch, fleet growth raise Ahern Rentals revenues
Same-branch rental revenues rose 16% to drive Ahern Rentals second quarter 2008 rental revenues 20% higher to $83.9 million from $70.0 million last year. Three new stores since the second quarter of 2007 contributed $2.9 million, 4.1%, of the quarter's revenues.
Ramirent profits stall as slowdown hits
Ramirent’s revenues grew by 18.9% in the second quarter of 2008 but profits fell because of further softening of the market, particularly in the Baltic States.
Wacker sees slowdown effects through 2008
Wacker said there was a significant drop in demand for its light construction products in May and June, particularly from the US, Spain and the UK, and that it expected the slowdown to impact on sales of light and compact equipment for the rest of 2008.
Mustang upgrades three tracked loaders
Mustang Manufacturing Co in the US has upgraded three of its tracked loaders. The MTL316, MTL320 and MTL325 - which replace the MTL16, MTL20 and MTL25 models - meet Tier III engine requirements and are faster and more powerful than their predecessors.
Bobcat completes 2 year telehandler redesign project
Bobcat has completed a 24 month programme to redesign its entire telehandler range comprising 12 models with maximum lifting heights of 5.2 to 17.4 m.
Continued tough market for Hewden
Canada's Finning International said that "increasingly challenging market conditions" in the UK rental business will continue to affect the performance of its Hewden subsidiary.
Cramo sustains high growth in 2nd quarter
Cramo's latest results show no slowing down of its growth, with its central and eastern European businesses advancing by more than 50% and overall revenue growth at 32.3% for the quarter to 30 June. The company said the next 12 months would see a moderation of growth in the Nordic area and a continued downturn in the Baltic States, with sustained growth in eastern and central Europe.
Access rental in the spotlight at 2nd Europlatform conference
‘The access rental company of the future’ is the theme of the second Europlatform conference in Maastricht, the Netherlands, on Tuesday, 16 September 2008, the day before the APEX aerial platform exhibition.
Iceland's Mest goes bust
Iceland's Mest ehf, the importer for Bomag, Liebherr, Peri and Niftylift in the country and operator of a construction equipment rental business, has gone into bankruptcy.
Belle Group wins UK export award
Concrete and compaction product manufacturer Belle Group has received a 2008 Queen's Award for Enterprise in the category of International Trade. The UK honour recognises companies that have "...demonstrated growth in overseas earnings".
Malaysian renter Aegis buys Atlas Copco compressors
One of South East Asia’s largest industrial equipment rental companies, Aegis Venture (M) Sdn Bhd in Malaysia, is investing heavily in new air compressors from Atlas Copco.
H&E anticipates non-residential decline
US equipment rental and sales company H&E Equipment Services is to reduce its fleet size and slow capital investment until the end of the year in response to an anticipated slowdown in non-residential construction in the remainder of 2008.
ECED to offer direct membership to dealers
The European Confederation of Equipment Distributors (ECED) is to offer direct membership of the organisation to independent equipment distributors for the first time.
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