ARA pushes for new Covid-19 relief package

By Thomas Allen12 October 2020

The American Rental Association (ARA) recently sent letters to the US Treasury and key members of the US House of Representatives and Senate expressing the need for a new Covid-19 relief package to help struggling equipment and event rental businesses.

ARA-logo

The ARA suggested that a new long-term, low-interest capital loan programme could be created to help these companies.

The letters, written on behalf of the association’s 5,000 members and signed by its CEO Tony Conant, emphasised the particularly devastating impact on event rental companies. It stated that many have lost more than 80% of their revenues since March, and they require immediate assistance.

Each letter urged “Congress and the administration to complete negotiations on a new coronavirus relief package that provides much needed support for businesses that have a long runway to recovery.”

It was said that long runway to recovery could last into summer 2021 and beyond.

Latest News
Manitex Valla unveils V210R electric crane
Manitex Valla has launched the brand new V210R radio or cab controlled compact electric mobile crane.
China to stop building overseas coal power plants
Announcement to impact on coal power expansion plans in countries like Bangladesh, Indonesia, Vietnam and South Africa
Plantworx launches future technology event
‘Futureworx’ event will take place in March 2022 and will showcase new and sustainable construction technology