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 LGMG
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Aerial Equipment

Interview with LGMG’s Dickey Bennett and Mark Elton: Robust Features

Nov. 11, 2024
Dickey Bennett, director of key accounts sales, LGMG, and Mark Elton, director of research & development, LGMG, talk with RER about the growing popularity of larger boomlifts,...
Photo by Motion Industries
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Manufacturers

Motion Industries Acquires Canadian Hydraulics Manufacturer Stony Creek Hydraulics

Nov. 9, 2024
Founded in 1998, Stoney Creek Hydraulics specializes in hydraulic and pneumatic cylinder manufacture and repair.
Photo by Palazzani Industrie
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Aerial Equipment

Palazzani Industrie Hosts University Engineering Students for a Training Day

Nov. 9, 2024
The object of the visit was to provide students with a direct and in-depth experience in the world of design and manufacturing of operating machines, offering a concrete overview...
Photo by Caterpillar
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Wall Street Beat

Caterpillar Revenues Slide 4 Percent in Third Quarter

Oct. 30, 2024
The decrease in sales volume was mainly driven by lower sales of equipment to end users.

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Aerial/Lifting

Download the Aerial Safety eBook "Safe Use"

Sept. 27, 2020
A look at ANSI standards, safe exit at height, aerial rescue scenarios, training, and more.
Graphic by Volvo CE
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Headline News

Order Intake Grows While Net Sales Decline for Volvo CE in Third Quarter

Oct. 21, 2024
North America net sales dropped from SEK 7,706 million to SEK 5,055 million, a 34.4-percent decline.
Photo by Crane Rental Services
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Mergers & Acquisitions

ML Crane Group, Crane Services Inc. and Winslow Crane Service Merge to Form Crane Services Inc.

Oct. 20, 2024
The merger of these three groups enables access to an expanded rental fleet, comprehensive support services and streamlined processes with more efficient estimating, scheduling...
Photo by Terex Corp.
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Manufacturers

Terex Acquires Environmental Solutions Group; Grows in Waste Management Market

Oct. 14, 2024
The all-cash transaction is for $2.0 billion, or $1.725 billion when adjusted for the present value of expected tax benefits of approximately $275 million.
Photo by Deutz
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Generators & Pumps

Deutz Puts Hydrogen-Powered Generator Sets into Operation in China

Oct. 10, 2024
At the same time, contracts were signed for a joint venture between Deutz and the Zhongguancun Summit Enviro-Protection State Innovation Zone (ZGC), which will drive the further...