North American rental industry expects new ‘normal’ in 2024
15 November 2023
Equipment rental in North America is predicted to “normalize” going into 2024, according to Josh Nickell, vice president of equipment rental for the American Rental Association (ARA).
“Rental is going back to ‘normal,’ but normal means that strategy matters again - geography matters, fleet mix matters, customer type matters,” Nickell said. “In late 2020 to 2022, you just showed up with equipment and you made money.
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