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In the UK Crane Rental industry in the UK, which is one of the most highly developed crane rental industries in the world, special regulations for health and safety and rental procedures are in place. These are maintained as the CPA regulations. [1] In Europe, European Rental Association is the trade body representing the equipment rental industry.
The American Crane Corporation was founded in 1882 as the Franklin Manufacturing Company, and in 1892 the name changed to American Hoist & Derrick. The company manufacturers terrain cranes, crawler cranes and tower cranes. In 1998 American Crane Corporation was acquired by Terex for $27 million. [1]
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [5]
Rental Rate Optimization and Yield Management. [3] Dry hire where equipment is rented out without any additional operators to set up the equipment. For rental business' working across country boundaries then additional special functionality may include multi-currency, multi-tax jurisdiction and multi-lingual needs.
Irving Equipment is a member of the Crane Rental Association of Canada [3] as one of the many companies involved with its formation, [4] with the 2008–2009 Chairman being Irving Equipment's Roger Cyr. Kyle Jardine of Irving Equipment currently sits on the 2010–2011 CRAC Board of Directors.
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A "flat rate" (more accurately known as fixed rate) for electricity is a fixed price per unit , not a fixed price per month, and thus different from that for other services. An electric utility that charges a flat rate for electricity does not charge different rates based upon the demand that the customer places on the system.
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