The global market for Construction Equipment Rental is estimated at $129.2 billion in 2023 and is projected to reach $189.4 billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030, according to ResearchAndMarkets.com. read more

JUN 17, 2024 - 6:35 am

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

DEC 12, 2023 - 6:45 am

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

JUL 23, 2021 - 6:05 am

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

JAN 28, 2021 - 6:59 am

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

DEC 30, 2020 - 7:23 am

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

DEC 21, 2020 - 6:41 am

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

DEC 18, 2020 - 6:46 am

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

NOV 4, 2020 - 7:11 am

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

MAY 13, 2019 - 5:25 am

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

NOV 20, 2018 - 6:25 am

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

SEP 13, 2018 - 6:50 am

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

MAY 22, 2018 - 6:39 am

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

FEB 20, 2018 - 6:29 am

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

JAN 15, 2018 - 12:40 pm

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

NOV 14, 2017 - 6:48 am