Rermag 5254 Rouse Utilization Chart 1
Rermag 5254 Rouse Utilization Chart 1
Rermag 5254 Rouse Utilization Chart 1
Rermag 5254 Rouse Utilization Chart 1
Rermag 5254 Rouse Utilization Chart 1

Rental Rates Flat in May, Rouse Reports

Sept. 4, 2015
During May, achieved rental rates as measured by the Rouse Rate Index remained flat for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service.

During May, achieved rental rates as measured by the Rouse Rate Index remained flat for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service. Rates are up 1.5 percent relative to May 2014 and up 25.5 percent compared to January 2011.

May physical utilization rose 4.2 percent compared to April. Physical utilization is the percentage of fleet cost which is on-rent during a given period. A unit is considered on-rent if it is at a jobsite earning rental revenue.

According to the Rouse Report, high-reach forklifts posted 74.4-percent utilization in May with scissorlifts and telescopic boomlifts at 68.5 percent. Industrial forklifts followed at 65.9 percent, articulating boomlifts at 65.5 percent, wheel loaders at 62.8 percent, skid-steer loaders at 61 percent and backhoes at 60.3 percent. Generators lagged at a 47-percent utilization clip.

For more information, visit www.rouseservices.com.