Positive Picture Continues for the Equipment Rental Industry

| (Aug. 10, 2015) MOLINE, IL: The equipment rental industry revenue forecast for the next five years continues to paint a very positive picture for the future in the United States, with growth rates exceeding 7 percent through at least 2018, according to the latest projections released by the American Rental Association (ARA). The U.S. industry ... READ MORE

Equipment Leasing and Finance Industry Confidence Remains Steady in July

| Washington, DC, July 22, 2015 –- The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives ... READ MORE

Atlas Copco Names New Vice President of Sales for Its Rental Channel

| May 26, 2015 — COMMERCE CITY, Colo. — Atlas Copco appointed Matt Cadnum as vice president of sales for its rental channel where he will grow its breadth of products and services for rental centers across the U.S. Cadnum, formerly Atlas Copco Construction Equipment’s aftermarket vice president, is also responsible for leading the current rental ... READ MORE

Equipment Rental: Is Borrowing Best? – Part 3

| Editor’s note: This article first appeared in the November/December 1999 edition of Grading and Excavation Contractor. Phillips Excavating puts about 1,000 hours per year on its equipment. It doesn’t hold on to equipment through destruction. Phillips remarks that even though they don’t always have the latest piece of equipment, they are not at a disadvantage. ... READ MORE

Equipment Rental: Is Borrowing Best? – Part 2

| Allen Levenson, vice president of marketing for United Rentals in Greenwich, CT, points out that until recently it was difficult to find good rental equipment. “The rental industry has changed a lot over the past few years. The industry has experienced phenomenal growth driven by the availability of more and better equipment.” He also states ... READ MORE

Equipment Rental: Is Borrowing Best? – Part 1

| Since 1993, the equipment rental industry has more than doubled in size—from $11.2 billion to $22 billion. Just 10 years before that, equipment rental was a $1.1-billion industry. Industry experts say that a combination of factors is responsible for this sizable boost, most notably the construction booms of the late 1980s and mid-1990s. According to ... READ MORE