All Rental Articles
Speedy Hire has invested £3 million (€3.4 million) in a fleet of nitrogen generation units. The sets eliminate the need to supply nitrogen in low temperature liquid form and thereby cut costs in a wide range of applications such as drilling, mining and power generation.
JCB’s chief executive officer, Matthew Taylor, is to leave the company at the end of this year “to pursue other opportunities”, said the manufacturer.
New Holland has launched a rental booking service for equipment end users in Germany. The New Rent programme allows customers to book a rental online or to talk to an operator and supports the rental services being offered by its dealers.
Komatsu Ltd has revised downwards by 6.5% its sales forecast for the year to 31 March 2010. The company said market conditions in Japan, North America and Europe were likely to be more challenging that previously forecast.
JCB in North America has launched a new refurbishment program for rental equipment dealers and customers that allows fleet-owners to get older equipment back in tip-top shape
The 10th BICES exhibition has got underway in Beijing, China.
Cramo said it was possible that the demand for rental equipment could continue to weaken until the middle of 2010, with a recovery starting in the second half of the year, although it said any forecasts were difficult to make.
HSS Hire is moving heavy plant equipment from its Irish business to London to capitalise on rental opportunities in the city, including the London 2012 Olympics.
Hertz Equipment Rental Corp (HERC) reported a 35.2% decrease in revenues to US$280.5 million for the third quarter of the year, with lower pricing and volumes resulting in a 68.9% fall in operating profit to $25.2 million.
RSC Equipment Rental said the seasonal upturn in rentals did not materialise in its third quarter to 30 September but that rental pricing and utilisation rates were stable from the second quarter.
Godwin Pumps in the US has completed implementation of Result Group’s rentalresult rental software system.
Finning Group (UK) has promoted Kevin Parkes to the position of director with responsibility for Hewden. Mr Parkes is a 12 year Finning employee who has been working as Hewden’s general manager, operations since October 2008.
The Italian rental market has declined on average by around 3.5% this year so far, according to the most recent market survey by rental and distributors association Assodimi.
Italian building materials franchiser BigMat continues to expand its BigRent branded rental operation in Italy, with 20 of its 100 members now offering rental services in the counry and plans for a further ten to enlist during 2010.
Manitou said its business continued to decrease in the third quarter but less rapidly than at the beginning of the year and predicted its sales would reach a low point in the final quarter of the year.
Husqvarna Construction’s Jönköping facility in Sweden is to be closed and relocated to Huskvarna as part of a much wider restructuring effort that will see the group shed around 1200 employees and shift production from Sweden and the US to new facilities in countries such as Poland and China.
Ramirent is offering its Swedish customers new site security systems, including ID-card operated doors and gates and secure containers of tools that can only be accessed by authorised workers.
The second ERA/IRN RentalTracker survey reveals continued difficult business conditions in Europe’s rental sector, but with confidence indicators heading in the right direction and indications that many renters see conditions either bottoming out or no longer deteriorating at the same rate.
JLG will be exhibiting at the American Rental Association's 2010 Rental Show in Orlando
UK rental software company MCS has launched an upgraded version of its MCS-web customer ‘extranet’ offering additional functions including a ‘hire now’ button and the ability to link to live fleet tracking data.
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