Stephenson’s Rental Services Selects Texada as Strategic Technology Partner
Stephenson’s Rental Services and Texada Software last week entered into a three-year contract extending through 2011. Under the agreement, Stephenson’s will use Texada’s Systematic rental management application throughout its 20 hub and spoke construction equipment branches spanning Southern Ontario....
RSC Equipment Rental to Host Minority Subcontractor Event
RSC Equipment Rental last week announced it is teaming up with the Wichita, Kan., Hispanic Chamber of Commerce to host “Educating Today, Building Tomorrow,” a seminar built for subcontractors that emphasizes the topics that affect minorities in the workplace. The event will take place Wednesday, March 11, from 2:30 p.m. to 5 p.m. at RSC Equipment Rental’s west branch, 9127 W. Kellogg Drive, Wichita, Kan....
Finning’s Q4 Profit Drops Despite Volume Boost
Finning International last week reported record quarterly revenues of almost CA $1.6 billion (about U.S. $1.27 billion according to current exchange rates) for the fourth quarter of 2008, a 7.3-percent increase compared with the fourth quarter of 2007. The jump was driven by strong demand for customer support services, particularly in Canada and South America. However, as a result of non-recurring costs and charges in the fourth quarter of 2008, Finning posted a loss from continuing operations before interest and taxes of CA $84.5 million, and fourth-quarter net loss from continuing operations of CA $106.8 million or 62 cents per diluted share....
Volvo Rents Franchise Convention Provides Support for Individual Owners
Volvo Rents’ held its 2009 Franchise Convention in Palm Springs, Calif., last weekend, with more than 90 percent of North American franchisees in attendance. Workshops at the three-day event included “Advanced Financials: Tax, Estate and Succession Planning”, “Leveraging Business Intelligence Tools,” and sessions on best practices for renting in a downturn: “Power Generation Rental Opportunities”, “Industrial and Manufacturing Rental Opportunities,” and “Government Rental Opportunities.”...
European Rental Market Tops U.S. $42 Billion in ’08, ERA Reports
The European rental market totaled €33.6 billion (about U.S. $42.5 billion) in 2008, according to a study commissioned by the European Rental Association and released last week....
New Holland Construction Launches Rental Partner Program
New Holland Construction last week announced it is further expanding its range of customer-focused business solutions with a new Rental Partner Program....
Cashman Equipment Dedicates New Headquarters
Nevada Caterpillar dealer Cashman Equipment last week dedicated its new 53-acre facility in Henderson, Nev. Cashman, one of the U.S.’ largest Caterpillar dealers with seven branches, opened the facility in the midst of a fierce Nevada recession, having laid off 63 people — 8 percent of its workforce — in December....
United Rentals CEO Kneeland to Speak at IPAF Conference
Michael Kneeland, president and CEO of United Rentals, will deliver the keynote presentation at the Access Summit, organized by the International Powered Access Federation. The summit, free and open to all interested parties, will focus on the theme “Rent Clever: Dynamic Powered Access Solutions in Difficult Times,” and will be held April 2, at the Crowne Plaza Hotel Northwood in Dublin, Ireland....
Russian Contractors Visit Multiquip
A group of about 30 Russian contractors and distributors visited the headquarters of Multiquip Inc. in Carson, Calif., earlier this month. The group visited Multiquip after attending the World of Concrete in Las Vegas. They attended a day of classroom instruction learning about equipment and spent a day pouring concrete and trying out trowels and other Multiquip and Whiteman concrete-related equipment....
California Rental Association to Hold 2010 Rental Rally
The California Rental Association scheduled its second rental rally in Bakersfield’s Kern County Fairgrounds for March 2-4, 2010. The tradeshow will focus on CRA’s traditional goals of keeping members up to date with rental industry equipment and services, along with seminars and discussions focused on improving practices and profits....
Western States Dump Hunger Campaign Collects 116,000 Pounds for Local Food Banks
Meridian, Idaho-based Western States Equipment Co., in partnership with local food banks in four states, last week concluded the Dump Hunger campaign. The campaign, which began Dec. 22, gathered more than 116,000 pounds of food — surpassing its goal of 75,000 pounds. The food gathered from Western States’ 11 locations filled the bed of a Caterpillar 730 dump truck, which is capable of holding 75,000 pounds, and half the bed of an additional truck....
Toromont Posts ’08 Increases But Slow Fourth Quarter
While overall Toromont Industries posted a 12-percent increase in 2008, the equipment group was flat year over year and dropped 4 percent in the fourth quarter. Rental revenue from its Battlefield Equipment Cat Rental division increased 3 percent from CA $147.4 million in 2007 to $151.3 million in 2008 (about U.S. $122 million according to current exchange rates)....
True Value Deal Expands Case Opportunities
As reported last week in RER Reports, Case Construction Equipment has inked a supplier agreement with True Value Co., one of the world’s largest retailer-owned hardware cooperatives with more than 1,000 rental locations. The agreement enables True Value Rental, Taylor Rental, Just Ask Rental and Grand Rental Station locations to purchase Case construction equipment for their rental location....
Ecco Equipment Founder Don Schmid Dies
Don Schmid, founder of Santa Ana, Calif.-based heavy equipment rental specialist Ecco Equipment, died of cancer last month at the age of 78. Schmid founded Ecco Construction in 1958. The company specialized in construction of reservoirs, flood control and bridge projects. Ecco got into rentals by accident when a crane operator, during a period of slow utilization, got Schmid’s permission to rent an idle crane to another contractor. When Ecco needed it for a project and found it was still in use by the renter, it bought more and the cycle began, leading to rental as an ongoing business....
Obama Names Caterpillar CEO to Economic Advisory Team
President Barack Obama has tabbed Caterpillar CEO Jim Owens to join his team of outside economic advisors. Members of the Economic Recovery Advisory Board include former Federal Reserve chairman Paul Volcker, former Securities and Exchange Commission chairman William Donaldson, TIAA-CREF CEO Roger Ferguson, Harvard University professor Martin Feldstein and General Electric Co. CEO Jeffrey Immelt....
Volvo Rents Expands into Red Deer, Alberta
Asheville, N.C.-based Volvo Rents last week announced the opening of its fifth store in Alberta, Canada. Local owners Doug and Deanna Bauman, and Lance and Twyla Gardiner of Bonus Rentals, opened their fifth construction equipment rental store in Red Deer. Other locations are in Edmonton, Edson, Ft. Saskatchewan and Rocky Mountain House....
Duke Aerial Paints Boom Purple for Pancreatic Cancer Awareness
Duke Aerial, Atlantic, Iowa, recently took up the cause of pancreatic cancer awareness by painting its aerial boomlifts and scissorlifts purple, the color of pancreatic cancer awareness, after co-owner Ken Tolton lost his wife Linda to the disease on Jan. 21....
RSC Holdings Announces Fourth-Quarter and Full-Year 2008 Earnings Call
RSC Holdings last week announced it will release fourth-quarter and full-year 2008 earnings results after the close of trading on the New York Stock Exchange on Wednesday, Feb. 25. The company's management will host a conference call and webcast at 5:15 p.m. Eastern time to discuss the financial results of the fourth quarter and year ended Dec. 31....
RMI to Give Away an X-Box 360 at The Rental Show 2009
RMI Corp. last week announced it will give away one Microsoft X-Box 360 during The Rental Show 2009. Attendees can visit RMI in booth number 5707 and register for a chance to win. RMI will hold a drawing on March 9, and select one winner from all submissions collected during The Rental Show. The winner will be notified on March 9, via email and announced to the public at RMI’s website, www.rmiusa.com....
Economy Rentals’ Russ Meek Dies
As reported last week, Russ Meek, co-owner of Economy Rentals in Los Angeles with a branch in Anaheim, and a former California Rental Association board member, died suddenly this month from complications suffered after an accidental fall. Meek was 71....
IPAF Produces Guidance of Second-Party Inspections for MEWPs
The International Powered Access Federation has produced guidance for second-party inspection bodies that carry out periodic in-service inspections (also known as thorough examinations) of mobile elevating work platforms....
Godwin Pumps Adds Staff in its Branches Nationwide
Godwin Pumps last week announced the appointments of new employees at its locations throughout the United States....
United Rentals Names Jonathan Gottsegen as General Counsel
United Rentals last week announced that Jonathan Gottsegen will join the company as senior vice president, general counsel and corporate secretary, effective Feb. 18. Gottsegen replaces Roger Schwed who is stepping down but will remain with the company for a transition period....
Doosan Infracore Portable Power Forms Dealer Advisory Council
Statesville, N.C.-based Doosan Infracore Portable Power has formed a new Dealer Advisory Council with the appointment of 10 executives representing dealers throughout the U.S. Members recently attended an inaugural council meeting at the Statesville, N.C., headquarters and manufacturing facility of Doosan Infracore Portable Power....
Wacker Neuson Re-brands Construction Equipment Line
Wacker Neuson is introducing a new look to its entire line of light and compact equipment peoduct with the new Wacker Neuson brand, which emerged from the merger between Wacker Construction Equipment AG, based in Munich, and Neuson Kramer Baumaschinen AG, based in Linz, Austria. The company, with U.S. headquarters in Menomonee Falls, Wis., is currently re-branding more than 250 light equipment models....
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