All Rental Articles

Caterpillar enjoyed a leading 24.9% share of the European diesel genset market in 2009 according to market research body Frost & Sullivan, which has awarded Cat its annual European Market Share Leadership Award in genset category. Frost & Sullivan said Caterpillar had consolidated its leadership position in a declining market.

H&E Equipment Services reported a 12.4% fall in total revenues to US$153.8 million for the third quarter of 2010. Equipment rental revenues increased 7.0% to $48.3 million, new equipment sales fell 2.1% to $47.7 million and used equipment sales decreased 55.0% to $14.7 million.

UK-based construction equipment auction company Euro Auctions has opened a permanent auction site in Valencia, Spain, and will hold its first auction there on 10 December.

Ramirent’s sales for the quarter to the end of September were up 8.8% to €140.09 million, although the increase falls to 3.3% on a like-for-like currency basis. Net profits for the period were up 70% to €8.5 million.

Hertz Equipment Rental Corp (HERC) reported a 0.2% rise in revenues to US$281.2 million for the third quarter of 2010 to 30 September. It is the first time in two years that the company has posted growth in the third quarter.

NES Rentals has signed a letter of intent to acquire Ballard Equipment in Chattanooga, Tennessee, an aerial platform rental firm with 11 employees and 300 pieces of equipment.

A new material levelling attachment for site dumpers is being launched by a UK contractor and plant hirer.

HSS Hire Service Group has brought forward its 2011 fleet investment programme because of continued growth of its business.

Wynne Systems has appointed Viviane Chan as business analyst manager based at the company’s European head office in Antwerp, Belgium.

Atlas Copco is close to completing the rebranding of its specialty compressed air and power rental businesses. The unified name for the business will be Atlas Copco Rental.

Cramo’s third quarter revenues grew by 13% to €130.3 million compared to the same quarter in 2009 and operating profits increased by 70% to €13.3 million. Sales grew year on year in all its territories except Denmark.

Cramo and Nordic contractor Peab have strengthened their cooperation with two new agreements. In Sweden, Cramo is selling its operated plant business to Peab and in Finland, Cramo will buy most of the rental fleet of Peab’s Finnish rental subsidiary, Lambertsson Oy.

JLG Industries reported a 57.8% increase in sales to US$385.8 million for the three months to 30 September, year on year, with sales in both North America and Latin America more than doubling from the “depressed” levels of the previous year.

Four new specialty atrium models will be available from JLG with working heights from 45 feet to 75 feet.

Acme Lift supplies Florida's Department of Transportation with a Bronto Skylift S236 HLA to inspect bridges at night.

Manitou’s results continue to improve – with revenues up 43% to €208 million for the third quarter of 2010 – but the company said it was now facing a growing backlog for telehandlers partly because of production problems in meeting the new European EN15000 standard on load limiters.

The Russian equipment rental market was valued at around €580 million in 2009, representing a drop of approximately 19.5% from 2008, according to the Moscow rental consulting firm MS Consulting.

Aggreko has won a US$180 million contract to supply a 150 MW gas-fired power plant – its largest yet - for the Bangladesh Power Development Board (BPDB).

Rental software company MCS has opened a new office in Sweden to support its Swedish customers and to act as a regional office for the Nordic market.

Cummins Power Generation will increase its genset prices by 3.5% on average from 1 January next year.