News & Analysis

The latest happenings with rental centers, retail stores and dealerships.

Highlights

Photo by United Rentals
Headline News

United Rentals Sets Records Topping $3.7 Billion in Total Revenue in 2023

Jan. 26, 2024
United posted $3.119 billion in equipment rental revenue in the fourth quarter of 2023, compared to $2.747 billion in the fourth quarter of 2022, a 13.5-percent jump.
Photo by Grove Cranes
Cranes

Italian Lift Company, Palumbo Heavy Lift, Uses Two Grove All-Terrain Cranes to Dismantle Masts at Naples Yard

June 26, 2024
Italian Lift Company, Palumbo Heavy Lift, uses two Grove all-terrain cranes to dismantle masts at Naples yard.
Photo provided by Point of Rental
Software

Point of Rental Named One of Inc.’s Best Places to Work

June 23, 2024
Point of Rental has been named one of Inc. Magazine’s Best Places to Work for 2024, the first time the software company has been listed.
Photo by Western Global
Trailers

Western Global Introduces MultiCube Non-Hazmat Multi-Tank Diesel Trailer

June 18, 2024
This transportable 630-gallon multi-tank diesel fuel trailer — available only in the U.S. market — is designed for fuel distributors, rental companies, general contractors and...
Photo by The Stansberry Firm
Rental Companies

Herc Rentals Acquires Alabama’s Industrial Rental

June 17, 2024
Herc Rentals has acquired Industrial Rental & Sales, LLC, an independent equipment rental provider located in Guntersville, Ala., and serving the greater Huntsville, Ala., area...

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Aerial/Lifting

Download the Aerial Safety eBook "Safe Use"

Sept. 27, 2020
A look at ANSI standards, safe exit at height, aerial rescue scenarios, training, and more.
Photo by Cummins
Engines

Cummins’ Demand Remains Strong, Despite Flat First Quarter Sales

May 30, 2024
Cummins posted $8.403 billion in net first quarter 2024 sales, down from $8.453 billion in the first quarter of 2023, a decline of less than 1 percent.
Photo by Maxim Crane Works
Cranes

Maxim Crane Names Greg Bellcoff Vice President of Fleet

May 22, 2024
Bellcoff’s appointment is timely as Maxim continues to make record investments in its ongoing fleet refresh.
Chart by Wells Fargo Economics and the Congressional Budget Office
News & Analysis

Infrastructure Spending and Mega Projects Will Continue to Drive Strong Construction, Wells Fargo Report Says

May 18, 2024
According to a quarterly construction report from Wells Fargo Bank, most market data indicators point toward a continuation of steady end user demand for 2024 and into 2025.
Photo by Sinoboom
Aerial Equipment

Sinoboom Opens Brazilian Subsidiary in the State of São Paulo

May 18, 2024
Sinoboom held a grand opening ceremony for its Brazil subsidiary at a brand-new facility in Jundiaí, in São Paulo state, marking a significant step for Sinoboom both in the South...