NES Rentals reports high utilisation

US aerial equipment rental company NES Rentals said its 2015 equipment utilisation exceeded 71% for second year in a row.

The company said its physical utilisation was 73% for the fourth quarter 2015 and 71% for the full year 2015.

Chairman and CEO Andy Studdert said, “This is a significant accomplishment considering our strategic fleet is 7% larger than in 2014 and reflects the tremendous job all of our employees have done for our customers.”

NES Rentals operates 76 branches in 27 states in the Northeast, Midwest, Southeast and Gulf Coast of the US. It said it provided over 600 different classes of equipment to approximately 27,000 customers in 2015.