All Rental operations Articles
US rental company Neff Rental said this week that it had successfully emerged from Chapter 11 after completing its financial restructuring with private equity partner Wayzata Investment Partners.
Pictured are two Dinolift aerial platforms rented by Finland’s Pekkaniska working on the construction of the new skating stadium for the Sochi 2014 Winter Olympics in Russia.
Spanish rental company HUNE is to embark on an international strategy that will see it establish rental business in neighbouring countries like Portugal and France as well as in developing markets in South America.
How do you match 2008 debt levels with 2010 cash flows? Jeff Eisenberg, IRN’s finance correspondent, finds some of the answers in the recent restructurings of rental companies Neff Rental and HUNE.
Before the recession the aim was profits growth. During recession the aim was to remain cash positive. Businesses now face the task of doing both simultaneously. Will Leftwich and Peter Thomas of WL Associates look at the dangers as rental businesses emerge from recession.
Revenues at the world’s top 100 rental companies fell by 15% last year, and the reduction was closer to 20% for the largest companies. Murray Pollok reports in the IRN-100 survey for the year 2009.
When United Rentals announced Operation United as its strategy nearly two years ago, the emphasis was – and remains – squarely on differentiation through excellent customer service. In this exclusive interview with Lucy Peterson, CEO Michael Kneeland explains why the strategy also includes a focus on national and strategic accounts as the key to long-term growth.
Brazilian scaffolding and powered access rental company Rohr S/A Estrutura Tubulares is to invest R$300 million (€134 million) up to 2015 to expand its powered access, scaffolding and events divisions.
HSS Hire is now offering customers estimated delivery times for equipment and electronic proof of delivery through its LiveHire online rental management tool.
UK power rental company Mather + Stuart Generators Ltd is to make all of its shires ‘carbon neutral’ by only using carbon offset diesel.
Maria Hadlow asked a number of rental companies from around the world to share their experiences of aftersales service.
Speedy Hire said its growing industrial and infrastructure related business was helping it develop wider outsourcing services beyond the simple ‘hire’ of equipment.
United Rentals and Fluor's AMECO form JV for plant maintenance and turnaround activities in the oil and gas sector
Finning International has been appointed Caterpillar dealer for Northern Ireland, replacing previous dealer McCormack McNaughton, which entered into receivership earlier this year.
Speedy in the UK has appointed Steve McIntyre as its new group marketing director.
US bankruptcy courts have approved the next step in Neff Rental’s restructuring plan regarding its Chapter 11 filing in May. The approval means Neff can seek approval for its plan from its creditors before the next court hearing on 14 September.
A-Plant has launched an unmanned Auto Tool Hire Unit that would be located at customers’ sites to provide instant access to tools.
Turkish Caterpillar dealer Borusan Makina will open its first Cat Rental Store before the end of the year. The branch will be in Istanbul.
Onrent, India's largest access equipment rental company and part of the mtandt Group, has been investing heavily in facilities and equipment.
Cramo Finland and Lemminkäinen Talo Oy Keski- ja Lounais-Suomi (Lemminkäinen) have signed a five year rental outsourcing agreement that will also see Cramo acquire Lemminkäinen’s fleet and depots in Turku and Tampere.