Headline News

Important news about equipment rental companies and their suppliers and manufacturers.

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 Gruppo Mollo
Rental Companies

Italy’s Mollo Group Grows Larger with Acquisition of Albatros Piattaforme

July 15, 2024
The Mollo Group, led by brothers Mauro and Roberto Mollo, strengthened its presence in the Brescia area, where it is already strong with branches in Castegnato and Rezzato.
Telehandlers

Magni America Unveils New U.S. Headquarters Dedicated to Enhancing Customer Service and Brand Support

June 26, 2024
The grand opening was well attended and featured a keynote address by Riccardo Magni, who shared insights on the company’s vision and its commitment to customer service.
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...
Photo by Luby Equipment
Mergers & Acquisitions

Luby Equipment Services Acquires Springfield-Based Potter Equipment

June 6, 2024
In connection with the acquisition, Luby Equipment Services will become the Case dealer in an expanded service territory that will now include Southwest Missouri and Northwest...
Photo by Rental Guys
Rental Companies

Northern California’s Rental Guys Acquires Sacramento-based Aba Daba Rents

May 8, 2024
Rental Guys, a Chico, Calif.-based equipment rental company has closed a transaction to acquire the assets of Sacramento, Calif.-based Aba Daba Rents.
Photo by Manitou
Telehandlers

Manitou Introduces Specialized Woodcracker Tree Saw Configuration for its MRT Rotating Telehandlers

May 7, 2024
Manitou has launched a new Woodcracker tree saw with grapple configuration for its rotating telehandler product line designed to improve performance and productivity in tree and...
Aerial Work Platforms

MEC Adds New National Accounts Manager and Midwest Regional Sales Manager

April 22, 2024
MEC has named Ethan Waler its new national accounts manager and Joe Anthony new regional sales manager.
Software

Software Provider Renterra Raises $3 Million in Capital

April 18, 2024
This investment will accelerate Renterra's product development, expand its market reach, and enhance customer support services.