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From the perspective of a rental company, the presence of attachments or accessories, particularly in the equipment and tool rental sectors, equipment that supports attachments means that fewer pieces of equipment are needed to support a wide variety of applications. [3] This is likely to increase utilization and reduce cost. [4]
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [5] 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. [3]
Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries that higher tariffs would raise ...
Consumer prices were up 2.7% for the 12 months ended in November, moving higher from the 2.6% annual increase seen in October and marking the highest annual rate since July, according to the ...
The tools also allow dashboards and scorecards to be created to monitor specific details. rentalresult also provides an Analytics package concentrating on metrics and KPI data relevant to the rental industry and equipment management. The rentalresult application can also be referred to as a Tier 2 ERP system with 90% of Result Group’s ...