All Rental Management Articles
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Hydrex Equipment (UK) Ltd has agreed a refinancing with its bankers that sees the company’s debt reduced to £50 million and an injection of an additional £8 million in finance. The arrangement takes the form of a £45 million debt-for-equity swap.
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UK rental company Hewden is capitalising on World Cup fever in the country by introducing a range of England-branded equipment for rent.
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The rental industry reacted responsibly to the crisis last year, said Gérard Déprez, president of the European Rental Association (ERA) and chief executive officer of Loxam, but he said that recovery would only be visible in companies’ 2011 accounts.
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Sweden’s Skanska Maskin is to significantly increase its depot network in the coming two years to increase the level of support it provides to Skanska, its parent company and main customer.
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Hertz Equipment Rental Corporation (HERC) has launched a mobile version of its website that allows customers on site to conduct business with HERC directly from their smartphone.
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Hewden will benefit from its separation from the Finning UK Cat dealership, said Kevin Parkes, the Finning/Hewden manager who is now managing director of Hewden under its new private equity owners.
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United Rentals said it is increasing its market share with its largest customers and that these large accounts would build long-term profitability in the business even if rental demand falls again this year.
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Rental software company inspHire has expanded the customer training facilities at its Nottingham headquarters, with 30% extra capacity to accommodate future growth.
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Cramo’s viral marketing campaign has continued, with the issuing of a second YouTube video featuring the ’Cramones’ punk rock band.
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David Shipman, chairman of AFI-Uplift, one of the UK’s largest access rental companies, said the powered access industry needed to do much more to promote the safety benefits of powered access and pledged £25000 towards a national promotional campaign if other UK companies contributed £75000.
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The second of KHL Group's series of Special Reports, Managing Rental, is now available.
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Software company Result Group says a new ‘Rules Engine' function being offered with its rental software will "cut costs and deliver massive productivity gains."
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JLG's Craig Paylor said he favours a registration and service history system for large equipment to help rental companies and fleet owners keep machines for longer and extract their full economic value.
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Speedy Hire said its managed services division – which re-rents equipment from other rental companies – has reached the “landmark” revenue figure of £25 million.
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Hubertus Marx, who led the development of Liebherr’s Mietpartner rental business for 12 years, retired at the end of 2009 after a 47 year career in the construction equipment and rental industry.
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Atlas Copco Specialty Rental has completed the implementation of Wynne Systems' RentalMan software system for its operations in the UK, Netherlands, France, Belgium and Australia. The system will be installed in Germany, Portugal, Spain and Italy in 2010.
 
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Atlas Copco's Specialty Rental Division has begun using Wynne System Group's RentalMan software for its global operations.
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US rental software company Wynne Systems has appointed Erwin Luijten as senior project manager for Europe, Middle East and Africa, based at Wynne’s Antwerp office in Belgium. He will report to Kris Brusselmans, Wynne’s general manager for the region.
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Result Group has responded to the recession in the world’s major rental markets by launching an ‘Open Options’ initiative designed to make it easier for cash-strapped companies to invest in rental software.
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US rental software company Solutions by Computer is launching a Software as a Service (SaaS) version of its Enfinity rental management system.