Equipment Rental Related Content

H&E Equipment Services to Acquire Phoenix-based Precision Rentals

H&E Equipment Services signed a definitive agreement to acquire the business of Phoenix-based Precision Rentals. read more

The Home Depot Enhances Equipment Rental via Expanded Google Cloud Partnership

Google Cloud and The Home Depot have extended their multi-year cloud partnership to expand on the retailer's digital transformation. The Home Depot recently launched a "Rent Online, Pick Up In Store" reservation service for equipment rental. read more

United Rentals Reports 10.1% Y/Y Decline in Q4/20 Rental Revenue

United Rentals, an equipment rental company, reported financial results for Q4/20. The company achieved total revenue of $2.279 billion, including rental revenue of $1.854 billion, which represented a 10.1% year-over-year decrease. read more

InfraServ Subsidiary Acquires Bobcat Southwest

InfraServ acquired the Bobcat Southwest dealership group. The acquisition will be completed through InfraServ's subsidiary, Gateway Dealer Network, a provider of Bobcat and Doosan-branded industrial equipment sales, parts and service, and rental services. read more

Alta Equipment Group Acquires Vantage Equipment

Alta Equipment Group entered into a definitive agreement with Vantage Equipment, a privately held construction equipment dealer operating three branches across New York, to acquire Vantage’s construction dealerships in an asset sale. read more

H&E Equipment Services Appoints New President and COO

H&E Equipment Services appointed John McDowell Engquist president and chief operating officer, effective Jan. 1, 2021. Engquist will succeed current president, Bradley W. Barber, who has been president of the company since Nov. 2, 2012. read more

DOZR Unveils E-Commerce Online Equipment Rental Software

DOZR launched WebStores, an e-commerce solution for heavy equipment rentals. According to DOZR, this is the first e-commerce and digital solution to ever hit the equipment rental industry. read more

Equipment Trader Launches Mobile App

Equipment Trader introduced a mobile app enabling consumers to quickly search for construction, earthmoving, agricultural, lifting, forestry, mining and industrial equipment and trailers from mobile devices. read more

North American Rental Revenue Forecast to Surpass $71B in 2022

The American Rental Association five-year forecast updated in late October forecasts equipment and event rental revenues in North America to exceed $71.7 billion in 2022. read more

Report: Farm Equipment Rental Market to Grow 7.78% by 2022

The global farm equipment rental market is anticipated to grow at a CAGR of 7.78% during the period 2018-2022, according to a report from ResearchAndMarkets. read more

U.S. Equipment Rental Industry Revenue to Exceed $64B in 2022

The American Rental Association projected U.S. equipment and event rental industry revenue to grow consistently on an annual basis, resulting in total revenue of $64.1 billion in 2022. read more

ARA Forecasts Equipment Rental Industry to Grow to Nearly $60B by 2021

In its latest five-year forecast, the ARA expects equipment rental industry revenue to continue to grow consistently in the U.S. over the next five years, resulting in total revenue of $59.6 billion in 2021. read more

Global Equipment Rental Market to Grow 3.26% by 2021

According to a report from Research and Markets, the global equipment rental market will grow at a CAGR of 3.26% from 2017 to 2021. read more

Equipment Rental Industry to Generate $59.3B in 2021

The ARA projected equipment rental industry revenue to grow consistently with a compound annual growth rate between 2017 and 2021 of 4.7% in the U.S., resulting in total revenue of $59.3 billion in 2021. read more

Equipment Rental Industry Revenue Poised to Reach $59.4B by 2021

According to the American Rental Association’s most recent forecast, equipment rental industry revenues will experience steady gains over the next five years. read more

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