Rental Equipment Register (RER) has released the new RER 100 and the total rental volume of the 100 companies was $17.728 billion, a 15-percent increase compared to last year’s RER 100 total. The RER 100, produced annually by RER as part of its May issue, ranks the 100 largest equipment rental companies in North America according to rental volume.
The top 10 of the RER 100 – United Rentals, Sunbelt Rentals, Hertz Equipment Rental Corp., Home Depot Rentals, BlueLine Rental, Aggreko North America, H&E Equipment Services, Ahern Rentals, Sunstate Equipment Co. and Neff Rental – totaled $11.478 billion in rental volume, a 15.6-percent year-over-year increase for the top 10.
Overall, double digit increases were common for this year’s RER 100, from the top of the list to the bottom. Nine companies raised rental volume more than 30 percent and more than a dozen others grew at least 20 percent. Still, rental volume growth was not universal, as some areas and segments did not grow as quickly as others. However, fewer than 10 of the ranked companies reported rental volume declines.
Most of the surveyed RER 100 company executives said they expected continued strong growth over the next year or two.