Rental Equipment Register

Postcards from Bauma

  1. Bauma Sets Attendance Records
  2. Caterpillar’s Oberhelman Predicts Growth for Cat Rental Store Program
  3. North America Leads the Way as JCB Records Record Earnings in 2012
  4. More Postcards from Bauma...
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May 21, 2013
Article
RERMAG

Upcycle Strategy

When the United States economy sank into recession companies of all kinds scrambled to stabilize their situations. For many rental businesses this meant trimming staff, adjusting rates and letting inventory age without replenishment. These actions often had to be taken quickly, with little time to manage a transition....More
Toro 36-inch Power Broom
May 21, 2013
Article
RERMAG

Toro 36-inch Power Broom Cleans Up on Rentals

Toro introduces a new 36-inch rotary Power Broom to the rental market. Designed to deliver precise control to its operator, the durable rotary broom is suited for snow and debris removal as well as power raking....More
Case DV Series asphalt rollers
May 21, 2013
Article
RERMAG

Drum Roll Please: Case Introduces DV Series Asphalt Rollers

Case Construction Equipment introduces its next generation of asphalt compaction equipment with an updated line of small, double-drum asphalt rollers. The new DV Series — the DV23, DV26, DV36 and DV45 — combines a compact size, maneuverability and visibility, with the same control features found in heavy asphalt rollers, the maker says....More
May 21, 2013
Article
RERMAG

Treading Water with Equipment Costs

Several dominant themes were discussed by this year’s RER 100 executives. Clearly the reality of Tier 4 engines, whether interim or final, is uppermost in the thoughts of many, juxtaposed with the reality that rental rates aren’t rising quickly enough to cover the increased costs of new equipment....More
May 20, 2013
Article

Ahern Rentals Seeks Bankruptcy Court Approval of $415 Million Exit Loan

Ahern Rentals has asked a Nevada bankruptcy judge to approve a $415 financing package from Jeffries Finance LLC to fund its Chapter 11 exit, according to Law360. The papers were filed with the U.S. Bankruptcy Court for the District of Nevada May 19....More
May 20, 2013
Article
RERMAG

Aggreko Opens Midland, Texas, Branch

Aggreko, global leader in temporary power generators, temperature control and oil-free compressed air solutions, has opened a new branch in Midland, Texas....More
May 17, 2013
Article

Rental Industry Veteran Paul Powers Jr. Dies

Rental industry veteran Paul Powers Jr. died this week, just a few days short of his 84thbirthday....More
May 17, 2013
Article

Hawthorne Schedules Customer Demo Day

San Diego-based Caterpillar dealer Hawthorne Cat has scheduled a “Get In, Get Real” demo day event June 20, allowing participants the opportunity to test and compare the newest Cat equipment in real-world conditions, ask questions of Caterpillar personnel and participate in hands-on demonstrations....More
May 17, 2013
Article

Birch Equipment Rentals Honored as Arthritis Foundation Community Partner

Birch Equipment was recently honored as a 20-year Arthritis Foundation Community Partner for its involvement as a Jingle Bell Run sponsor, participating in the annual run with a Birch Equipment Team and being part of the foundation’s golf tournament. ...More
May 17, 2013
Article

Japanese Rental Companies Form Joint Venture for Used Equipment Sales

Four of Japan’s largest construction equipment rental companies have teamed up with Mitsubishi Corp. to establish a joint venture company, Diamond Construction Machinery Corp., to sell hydraulic excavators in the international used equipment market. The four companies — AKTIO Corp., Kanamoto Co., Nishio Rent All Co. and Nikken Corp., have formed the venture as a means to sell used Tier 4 machinery that requires low-sulfur diesel fuel that is not widely available in Asia....More
May 17, 2013
Article

Speedy Hire Posts Profit and Revenue Increase in Fiscal 2013

Speedy Hire, the U.K.’s largest equipment rental company, posted £340.3 million (about U.S. $516.3 million) a 4.3-percent year-over-year revenue increase in fiscal 2013, ended March 31. Speedy’s adjusted profit before tax was £16.8 million, a 35.5-percent increase compared to £12.4 million in fiscal 2012. Business was particularly strong in the second half of the year, with adjusted profit in the second half of £10.2 million, compared to £6.6 million in the first half....More
May 17, 2013
Article

RusRental Releases Report on Russian Tower Crane Rental Market

RusRental, the Russian Rental Association has conducted a first-ever survey of the Russian tower crane rental market, preparing a top 10 list of the largest Russian tower crane rental companies. The majority of the largest players are located in the Central and Northwestern areas of Russia, primarily Moscow and St. Petersburg....More
May 17, 2013
Article

Toro Announces Fiscal 2013 Second-Quarter Earnings Call

The Toro Co. will release its fiscal 2013 second-quarter results on Thursday, May 23, at 7:30 a.m. Central daylight time. The company will also hold its investor earnings call on that day. A live, listen-only webcast of the quarterly conference call will also be available on www.thetorocompany.com. The call begins at 10 a.m. CDT on May 23, and visitors are advised to go to the website at least 15 minutes early to register, download and install any necessary audio software....More
May 17, 2013
Article

Terex Repays $220 Million of Senior Term Bank Debt

Terex Corp. last week announced that it has repaid $220 million of the company’s senior term bank debt due 2017, effective immediately....More
May 17, 2013
Article

Caterpillar and Mining Machinery Limited Reach Agreement Related to Siwei Acquisition

Caterpillar Inc. and Mining Machinery Limited announced today that they have resolved all outstanding issues between them arising out of Caterpillar's acquisition of ERA, including its wholly owned subsidiary Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., commonly known as Siwei. Caterpillar reached this agreement with two former directors of ERA, Emory Williams and John Lee, and two other parties with an interest in the settlement, Mining Machinery Limited and James Thompson III (collectively the MML Parties)....More
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RER April 2013 monthly issue cover
Maximizing Profits from Your Rental Fleet
The Other Side of Rental Penetration
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The Impressive Things about Bauma
by Michael Roth
Posted 4 weeks ago
in Rent Talk
Synergies with Oilfield Rental
by Michael Roth
Posted 35 weeks ago
in Rent Talk
The Crisis is Still a Crisis in Spain
by Michael Roth
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Rental Penetration from 5 to 50 and Counting Webinar

DATE: May 29, 2013
TIME: 2:00pm ET/ 11:00am PT
Where: ONLINE
ABSTRACT: Rental penetration essentially means the percentage of equipment on jobsites that is rented, rather than owned by the end user. In this webinar, a panel of experts will discuss why rental penetration has grown, how it can be measured and understood, and how much it can increase in the coming years. Panelists include Dan Kaplan, Chuck Yengst and John McClelland.

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