All Rental Management Articles
International Rental News (IRN) is publishing The Rental Book, a compendium of information and resources for the world's equipment rental companies. The directory is available as a free download or as a paper version to buy.
Even in a recession there are opportunities for rental companies to grow, whether through diversification, internationalisation or by using franchising arrangements. Will Leftwich and Michael Bellenger of Will Leftwich Associates outline the opportunities.
Northern Ireland rental company KDM Hire has launched a new temperature control rental division called K Therm, specialising in renting heaters, dryers and cooling equipment.
Speedy Hire in the UK has embarked on a major reorganisation to adapt to changing market conditions and dynamics, including the elimination of its product specific divisions and a refocusing on business with major accounts.
Andrews Sykes is the latest UK rental company to sign up with the online rental website erento. The temperature control and pump rental specialist joins HSS Hire and Hire Station, which signed up with erento last year.
Last week I learnt via an eminent BBC economic journalist, Ewan Davies, who was delivering a presentation to the Chartered Institute of Marketing, that during a downturn, consumers become more nostalgic and a key behavioural change is that they drink more tea than coffee.
HSS Hire in the UK has published its first Corporate Social Responsibility (CSR) report highlighting the work it is doing to help local communities and detailing its effort towards minimising its environmental impact.
System Lift, the German access rental partnership organisation, is offering a package of practical help and advice to operatives who are using its members' equipment in public places.
Hewden is restructuring its operations in the UK, replacing the current five-region and five product divisions with a simple, three-region structure that will rent all products.
Hertz said its equipment rental business will increasing its short term rental rates by 10%, with a 5% increase on long term deals. The company reported similar increases in its prices for car rentals. Hertz said pre-negotiated contract rates would not be affected by the increases.
Last year was a good one for most of the companies in the IRN-100 listing, and even some interim results for 2008 were reporting some decent numbers. But, as IRN’s finance correspondent Jeff Eisenberg reports, there are clear signs of the changing economic environment.
The prospect of rental companies and customers sharing ‘real time’ data on their equipment is now a reality following a successful trial in August involving two oil and gas service companies, Swire Oilfield Services and Aker Solutions.
Selling used equipment is an essential and everyday part of the equipment rental business. Patrick Hill talks to major rental companies in the UK, Scandinavia, Japan and the US about how they manage the asset disposal process.
Theft of equipment is a problem wherever you go in the world, but there are now signs of a growing partnership between manufacturers, rental companies and trade associations to combat the problem. Dan Gilkes reports.
Ramirent will be one of the official sponsors of the 2009 IIHF ice hockey world championship taking place in Switzerland in April-May next year.
Two offshore rental and service companies have successfully trialed technology that will allow them to track each other’s fleets in real time, creating a kind of ‘virtual asset pool’.
Loxam is fitting Qualcomm’s GlobalTRACS telematics system to its equipment fleet, starting with its heavy equipment division.
New Holland has clarified its position on the development of dealer-led rental operations in Europe. The company said its dealers will be offering rental as part of a package of services in support of their primary sales activity and not as a pure rental service offering such as that provided by Cat Rental Stores.
Bergerat Monnoyeur Location, the French Cat Rental Store, has started to expand, and not just in France. Murray Pollok met BM's Alain Rosaz and Thierry Robert.