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Rentals

Workers position a pine log for milling at Woodstock Wood sawmill in Saugerties, New York, US, on Wednesday, April 10, 2024. The Federal Reserve Bank of New York is scheduled to release the empire state manufacturing figures on April 15.

Rentals

Equipment rental, leasing prices mixed in May

byJohnnie Martinez II

July 9, 2024

Equipment rental and leasing prices finished mixed in May as the market continued to feel inflationary pressure despite rental and...

Rentals

Equipment-as-a-Service model drives rental industry boom

byJohnnie Martinez II

July 2, 2024

The equipment rental industry continues to experience significant growth as the “as-a-service” model helps meet rising customer demand. Equipment-as-a-service (EaaS)...

A residential building under construction in Vancouver, British Columbia, Canada, on Friday, April 19, 2024. Homebuilders in the province of British Columbia are constantly against the clock: it has a law that gives them just 12 months to market their projects, collect enough deposits and secure the financing to build.

Rentals

North American rental market strengthens Ashtead Group earnings

byJohnnie Martinez II

June 18, 2024

Equipment rental companies continue to grow in the North American market, as interest rates and infrastructure projects bolster the rental...

Construction site of Foxconn Technology Group's new factory in the Quang Chau Industrial Park, in Viet Yen District, Bac Giang Province, Vietnam, on Thursday, July 13, 2023. Vietnam has seen a fourfold increase in companies assembling Apple products over the past decade.

Rentals

As-a-service financing grows in equipment industry

byJohnnie Martinez II

June 4, 2024

Demand for bundled, as-a-service products continues to grow in the equipment industry as more customers seek complete solutions. To meet...

Caterpillar Inc. rental equipment and machinery sits at the Whayne Supply Co. dealership in Lexington, Kentucky, U.S., on Monday, Oct. 17, 2016. Caterpillar Inc. is scheduled to release earnings figures on October 25.

Rentals

Demand for online rental transactions rising

byJohnnie Martinez II

May 29, 2024

Online transactions continue to rise in the equipment rental industry as more customers expect online access and digitalization. Equipment renters...

Rentals

Rate increases help corporate rental houses overcome inflation

byJohnnie Martinez II

May 3, 2024

H&E Equipment Services, Herc Rentals and United Rentals posted equipment rental revenue growth in the first quarter as rate increases...

Ryder System expands commercial lease program

Lender Operations

Ryder System selling off vehicles as rental revenue slides in Q1

bySamson Amore

April 23, 2024

United Kingdom-based fleet manager Ryder System’s rental revenue slid 4.54% year over year in the first quarter of 2024, pushing...

Yellow self propelled articulated boom lift and scissor lift on background of street with trees and sky. Alta equipment sales revenue up 45% YoY.

Dealer Operations

Alta Equipment Group sales rise 25%

bySamson Amore

March 15, 2024

Alta Equipment Group in 2023 grew its revenue 19.4% year over year to $1.9 billion, thanks to increased sales of...

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Rentals News Alert - Monthly updates on rental market trends, utilization, rate shifts, fleet investments, and rental company performance

Rentals

Equipment rental, leasing prices mixed in May

Equipment-as-a-Service model drives rental industry boom

North American rental market strengthens Ashtead Group earnings

As-a-service financing grows in equipment industry

Demand for online rental transactions rising

Rate increases help corporate rental houses overcome inflation

Ryder System selling off vehicles as rental revenue slides in Q1

Alta Equipment Group sales rise 25%

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