News & Analysis

The latest happenings with rental centers, retail stores and dealerships.

Highlights

Photo by United Rentals
Headline News

United Rentals Sets Records Topping $3.7 Billion in Total Revenue in 2023

Jan. 26, 2024
United posted $3.119 billion in equipment rental revenue in the fourth quarter of 2023, compared to $2.747 billion in the fourth quarter of 2022, a 13.5-percent jump.
Photo by H&E Equipment Services
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Rental Companies

Herc Commences Tender Offer for H&E Equipment Services’ Common Stock

March 19, 2025
Herc will finance the offer through a combination of available cash on hand, proceeds from the sale of marketable securities and funds drawn through its credit facility.
Photo by Yanmar
yanmar_electrification_unit_325
Headline News

Yanmar Launches New Electrification Unit to Drive Zero-Emission Solutions for Compact Off-Highway Machinery

March 13, 2025
This new Electrification Unit, which will commence operations in April 2025, will focus on delivering a diverse portfolio of e-powertrain solutions, including batteries and eDrives...
Volvo CE
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Bauma

Volvo CE to Electrifies Bauma 2025 with First-Ever Zero-Emission-Only Lineup

March 13, 2025
This showcase will feature an exclusive all-electric range and marks a significant milestone in Volvo CE's commitment to sustainable innovation.
Photo by Alta Equipment Co.
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Headline News

Alta Equipment’s Revenues Decline 4.5 Percent in Challenging Fourth Quarter

March 12, 2025
Rental revenue dropped from $55.3 million in the fourth quarter of 2023 to $47.5 in the same period of 2024, a 14.1-percent dip.

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Aerial Equipment

TVH Opens New Reno, Nevada Distribution Center

March 2, 2025
TVH Americas, a provider of quality replacement parts and accessories for the material handling, industrial and light construction equipment industries, has opened a new distribution...
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Headline News

H&E Equipment Services Posts Essentially Flat Fourth Quarter Revenues; Increases Full Year Totals 3.2 Percent

Feb. 24, 2025
Rental revenues were $283.0 million compared to $280.6 million in Q423, a 0.9-percent increase.
Photo by Develon
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Earthmoving

Develon Expands its Dealer Network with Six Stewart & Stevenson Locations

Feb. 20, 2025
Stewart & Stevenson is the newest dealer enterprise to join the Develon dealer network, which now has more than 200 locations in North America.
Photo by Titan
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Tools

Titan’s Elite 3500 72V Battery-Powered Paint Sprayer Operates Quietly

Feb. 18, 2025
The Elite 3500 72V delivers a consistent finish, is easy to operate and is field serviceable, the company said. It’s a versatile, direct drive sprayer featuring proven Titan Elite...