Rental revenue growth slowed to mid-single digits in the fourth quarter of 2013 from exceptionally strong Q313 levels with average rental and utilization rates holding relatively constant, according to the latest 2013 Baird/RER rental equipment survey. Respondents reported an average rental revenue growth of 7 percent year over year from last quarter’s 9.8-percent growth, still higher than Q213’s 5.8-percent growth and Q113’s 6.9-percent rental revenue growth. Planned ...
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