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.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.