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RER Presents 2012 Innovative Product Award Honorable Mentions

The latest entries in the RER Innovative Product Award covered a wide spectrum of rental industry innovation — from new software technologies to make rental business processes more efficient and cost effective; to more fuel- and energy-efficient generators; and scissorlifts engineered to drive at full height and others designed to operate on electric-drive motors.

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Apr. 19, 2013

Article

RERMAG

Maximizing Profits from Your Rental Fleet

Imagine if you were able to turn the cost and investment structure of your business back 20 years to 1993. Gasoline was $1.16 per gallon. The Dow Jones Index was 3,650. Movie tickets were $4 each. The SUV craze was sweeping America and you could buy a brand new Chevy Blazer or Ford Explorer for about $16,500....More
Apr. 18, 2013

Article

RERMAG

The Other Side of Rental Penetration

The topic of rental penetration has been a popular one lately and not many in the rental industry would dispute the accepted view that rental penetration is growing. It seems to be a consensus now that the number is around 50 percent, maybe a bit north. There are various studies that support this view. None are absolutely definitive, since this is an inexact science, but this view is generally accepted....More
Feb. 25, 2013

Article

Big, Ugly, Dirty and Mean – and Life Saving: Trench Shoring Knowledge

I hope you all enjoy the cover story in this issue about National Trench Safety, a look at an interesting specialized niche in the world of equipment rentals. NTS is less than 10 years old, yet has grown to 17 branches. The company’s key players have worked together for much longer — many of them for more than 20 years — tracing their time together to the Plank Co., NES, United Rentals and now NTS....More
Feb. 25, 2013

Article

Rainmakers of Rental Industry: The Sales Reps Role

Much has been made of the significant role of sales people in the rental industry during the past several years and rightly so. Sales folks are the driving force of your business and our industry — the rainmakers. The success of a rental business rises and falls on the backs of its sales people....More
Feb. 25, 2013

Article

Outpacing the Economic Forecasts: Benno Jurgemeyer, Harry Schneider, Graham Hood & Pat DeVitto's Expectations

For RER’s January forecast edition, we interviewed more than 50 rental companies and rental industry suppliers and present several of them here....More
Jan. 30, 2013

Article

Frank Manfredi's 2013 Rental Industry Forecast

Propelled by the economic uncertainty of the past several years, the U.S. equipment rental industry is expected to surpass $32 billion in 2013, according to rental industry consultant and president of Mandelein, Ill.-based Manfredi & Associates, Frank Manfredi....More
Jan. 24, 2013

Article

Rentals in 2013 No Cliff Yet

Despite concerns about 2012 being an election year, and economic issues such as high unemployment, the slowdown in Europe and the burgeoning costs of equipment, 2012 turned out to be a banner year for much of the rental industry. And, to the relief of many, despite widespread misinterpretations of the Mayan calendar, the world didn't come to an end in late December....More
Jan. 9, 2013

Article

Sumitomo Increases Ownership Stake to 80 Percent in Sunstate Equipment

Sumitomo Corp. has increased its ownership stake in Sunstate Equipment, making the Japanese corporation the majority owner of the Phoenix-based equipment rental company, effective Dec. 31. The transaction gives Sumitomo an 80-percent ownership stake in Sunstate....More
Jan. 1, 2013

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RER Presents 2012 Innovative Product Award Honorable Mentions

The latest entries in the RER Innovative Product Award covered a wide spectrum of rental industry innovation — from new software technologies to make rental business processes more efficient and cost effective; to more fuel- and energy-efficient generators; and scissorlifts engineered to drive at full height and others designed to operate on electric-drive motors.
Jan. 1, 2013

Article

Lucky 2013 for Rental Companies

For a while, I was wondering what was more impossible, the politicians in Washington coming to a resolution over the fiscal cliff, or the owners and players coming to a new Collective Bargaining Agreement in the National Hockey League. Turns out the politicians in Washington found two groups more intractable than they are, although the NHL finally hammered out a deal....More