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  • November 2022

    • November 2022

    Photo by kzenon_Getty images; Design by Deja Hsu, RER
    November 2211 Rer Cvr 1540x800
    Features

    Used Metal Madness

    Nov. 16, 2022
    With a surge in government spending on infrastructure and long lead times for new equipment, used machines are more in demand than ever.
    Photo by United Rentals
    Uri Excavator At Work 2020 jpeg
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    Construction Tailwinds Should Carry United Rentals and Rental Industry Past Macro Economic Issues, Flannery Says

    Oct. 31, 2022
    Construction industry tailwinds should carry United Rentals and the rental industry in general past macro-economic concerns in the foreseeable future, United Rentals CEO Matthew...
    Photo by H&E Equipment Services
    Hees Fairburn Ga
    Headline News

    H&E Equipment Services Q3 Rental Revenue Jumps 26.9 Percent

    Oct. 28, 2022
    H&E Equipment Services reported rental revenues of $224.1 million in the third quarter of 2022 compared to $176.7 million in the third quarter of 2021, a 26.9-percent increase...
    Photo by Herc Rentals
    Herc Rentals 1
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    Equipment Rental Revenue Jumps 35.9 Percent in the Third Quarter for Herc Rentals

    Oct. 20, 2022
    Herc Holdings posted total revenues of $745.1 million in the third quarter of 2022 compared to $550.4 million for the same period of 2021, a 35.4-percent growth spurt.
    Equipment Share San Diego 2021
    Headline News

    Capital One Bank Closes $2.1 Billion Senior Secured Asset-Based Revolving Credit Facility for EquipmentShare

    Oct. 13, 2022
    EquipmentShare will use the facility, which increased its borrowing capacity from $1.2 billion to $2.1 billion, to expand its footprint and finance further growth of the company...

    More content from November 2022

    Graphics by Baird Research
    2022 3 Q Rer 08 (002) Change In Average Rental Rates Compared To Last Year
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    Rental Revenue and Utilization Strong in Q3, Although Growth Slowing, Baird/RER Survey Respondents Say

    Oct. 7, 2022
    Average rental revenue was up 12.2 percent in the third quarter on a year-over-year basis, compared to a 14.3-percent year-over-year increase in the second quarter.
    Photo by Holland Pump
    Holland Pump 2022
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    Pump Rental Specialist Holland Pump Acquires Two Companies

    Oct. 1, 2022
    Holland Pump Co., a leading independent specialty pump rental and dewatering solutions provider, has completed the acquisitions of Sander Power Equipment, based in Trevose, Pa...
    Photo by Southwest JCB
    Southwest Jcb
    Mergers & Acquisitions

    Southwest Material Handling Inc. Acquires ProCon JCB

    Sept. 28, 2022
    Southwest Material Handling Inc. has recently acquired ProCon JCB. Now Southwest JCB and ProCon JCB will operate as Southwest JCB under the parent company Southwest Material Handling...