Headline News

Important news about equipment rental companies and their suppliers and manufacturers.

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 JCB
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Supply Side

JCB Celebrates Production of 1,000th Light Capability Rough Terrain Forklift

Dec. 11, 2024
Derived from JCB’s popular agricultural telescopic handler, the LCRTF is more than 90 percent commercial content, with less than 10 percent specifically tailored to meet military...
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The ARA Show

Bick Jones, Peter Lancken, and David Wilcox II to be Inducted into ARA’s Hall of Fame

Dec. 5, 2024
This year’s inductees into the Rental Hall of Fame will be recognized at The ARA Show 2025 in Las Vegas.
Photo by Sinoboom
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Aerial Equipment

Sinoboom Delivers Large Consignment Order of MEWPs to Johnson Arabia

Nov. 18, 2024
Johnson Arabia, one of the fastest-growing MEWP rental companies in the Gulf Cooperating Council region, has begun receiving a large consignment of telescopic and articulating...
Graphic by Point of Rental
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Software

Point of Rental, AccountsIQ Announce Syrinx Integration

Nov. 18, 2024
Designed for companies outgrowing their entry-level systems, AccountsIQ offers advanced financial capabilities without the complexity or cost of a full ERP.
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 Trimble
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Software

Trimble Opens Technology Lab at Florida A&M University

Oct. 6, 2024
FAMU becomes the first historically Black college and University to host a Trimble Technology Lab.
Photo by Magni Telescopic Handlers
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Telehandlers

Magni Telescopic Handlers Fills the Gap in Pennsylvania with New Southeastern Pennsylvania Dealer

Sept. 22, 2024
Gap Power is now an authorized dealer for Magni's complete line of telehandlers, including the RTH rotating telehandlers, HTH heavy lift, and TH fixed boom models, making these...