According to this Equipment Watch study, factors such as per capita income, reflecting the economics of a city and state, have a lot to do with determining costs of ownership of heavy equipment.
According to this Equipment Watch study, factors such as per capita income, reflecting the economics of a city and state, have a lot to do with determining costs of ownership of heavy equipment. The economics of an area affect local mechanics wages, sales tax and freight. The climate also has an impact. Heavy precipitation shortens a working season, driving up ownership costs. Take a look!
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.
