All Rental Articles

A 25% rise in key accounts business helped HSS Hire grow its 2010 revenues by 15% to £171.0 million. The final quarter of the year was its best with EBITDA profits up by almost 50% on revenues that were 19% higher year on year at £37.4 million.

NES Rentals Holdings, Inc. has set a new Net Promoter Score record for the aerial equipment rental industry with a 2010 annual score of 80.1.

Spanish rental company GAM has negotiated a year-long deferral of debt repayments totalling €118 million from 19 lenders. The deferrals will allow it to continue to fund its international expansion in South America and elsewhere.

Ramirent’s revenues for the final quarter of the year were up 19.0% to €150.1 million, with sales for the full year up 5.7% to €531.3 million. Operating profits were almost €30 million for the year and €11.3 million for the final quarter.

A strong final quarter of 2010 saw Wacker Neuson exceed its targets for the year, with revenues up 27% to €757.9 million and EBITDA profits almost three times higher at €77.8 million.

Speedy said it expected to return to operating profit in the second half of its current financial year (to 31 March). Revenues in the three months to the end of December were up 8.8% year-on-year and rental rates rose for the third consecutive quarter.

JLG Industries, Inc., has added the new personal and portable FS60 to its LiftPod line of aerial work platforms. The FS60 has a smaller base than JLG's other LiftPods and it is ANSI A92.3-2006/CSA B354.1-04 compliant.

Cramo’s final quarter of 2010 showed a return to profitability, with net profits of €8.4 million compared to a net loss of €27.5 million in the final three months of 2009. Revenues for the quarter were up 26.8% to €146.4 million.

Mike Potts, the new chief executive of Lavendon Access Services, is committed to raising rental rates in 2011 but plans only modest spending on new equipment.

Manitou has simplified its ownership structure with the Braud and Himsworth families retaining their majority shareholdings but removing the jointly owned SFERT holding company.

Mumbai based renter Gautam will start selling equipment to address specific niches in the Indian powered access market.

India's largest agricultural tractor maker, Mahindra & Mahindra has launched a backhoe loader and put an initial manufacturing capacity in place to take about 10% of the domestic market.

Successful inaugural event welcomes high quality visitors from across India and neighbouring countries.

It is with enormous regret that we announce the passing of Lars-Petter Godenhielm on Tuesday 8 February, aged 70. Mr Godenhielm, the owner of Dinolift and one of the great personalities of the European powered access business, finally lost his battle with a serious illness.

Company will set up five service and support centres in major Indian cities in anticipation of the powered access market taking off.

Terex Corp.'s AWP division reported increased net sales for the fourth quarter of 2010 by $135.8 million, or 66.3 percent, to $340.6 million versus the fourth quarter of 2009.

Infrastructure boom forecast to improve construction equipment rental market.

After announcing two weeks ago that it expanded its fleet by several hundred pieces, Dallas-based rental company Briggs Equipment has added Terex compact equipment to its branches in San Antonio, Houston and Austin. The rental company currently carries Terex telehandlers and portable lighting equipment at all of its branches.

JLG Industries, Inc. has announced personnel changes for its sales, market development and customer support leadership roles.

RSC Equipment Rental reported a 16.8 percent increase in total revenues to $339 million for the fourth quarter of 2010, with rental revenues at $287 million - an increase of 17.6 percent for the North American rental company.