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    Important news about equipment rental companies and their suppliers and manufacturers.

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    Chart by Wells Fargo Economics and the Congressional Budget Office
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    Graphic by United Rentals
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    Highlights

    Photo by United Rentals
    Headline News

    United Rentals Sets Records Topping $3.7 Billion in Total Revenue in 2023

    Jan. 26, 2024
    United posted $3.119 billion in equipment rental revenue in the fourth quarter of 2023, compared to $2.747 billion in the fourth quarter of 2022, a 13.5-percent jump.
    Software

    Software Provider Renterra Raises $3 Million in Capital

    April 18, 2024
    This investment will accelerate Renterra's product development, expand its market reach, and enhance customer support services.
    The boom lift panel cradle allows an operator to lift panels up to 250 pounds outside the existing guard rails of the boom platform.
    Aerial/Lifting

    Proactive Safety Training

    April 15, 2024
    Genie director of training Scott Owyen talks about the importance of thorough safety training, and doing it before, not after, a fatality occurs.
    Photo by MEC
    Aerial Work Platforms

    Industry Veteran Rick Penkert joins MEC as National Account Manager

    April 9, 2024
    With more than 40 years of experience in sales and account management, Penkert brings a wealth of leadership skills, knowledge, and a proven track record of success.
    Photo by MyCrane
    Cranes

    MyCrane Names New Director of Business Development in the U.S.

    March 27, 2024
    MyCrane, the world’s first global platform for online crane rental, has appointed Olga Dubinok as director of business development, USA, further strengthening its team in the ...
    Photo by Perkins Engines
    The ARA Show

    Perkins to Demonstrate Next-Generation Power Solutions for Rental Equipment at the 2024 ARA Show

    Feb. 19, 2024
    To help rental equipment suppliers and customers navigate the challenges of skilled labor shortage, advancing emissions and noise requirements, and equipment electrification, ...
    Photo by Fred Hageman
    Rental Companies

    Herc Rentals Acquires Inglewood, Calif.'s, Quality Equipment Rentals

    Feb. 14, 2024
    Quality Equipment Rentals, an independent equipment rental company with more than 50 years in business in Inglewood, Calif., part of the greater Los Angeles area, has been acquired...
    Photo by Cummins
    Wall Street Beat

    Cummins Net Sales Jump 21.3 Percent in 2023; 9.9 Percent in Fourth Quarter

    Feb. 12, 2024
    Sales in North America increased 22 percent for the full year and international revenues increased 20 percent compared to 2022.
    Photo by United Rentals
    Software

    United Rentals Launches Next-Generation Access Management Solution

    Feb. 1, 2024
    United Rentals this week announced a next-generation access management solution that manages jobsite and equipment access through RFID badges. This single-badge, multi-use solution...