Why 4 U.S. rental giants are seeing record-breaking growth

Jenny Lescohier Editor, Rental Briefing

30 October 2023

Major U.S. equipment rental companies have reported record-breaking performance in the last quarter, suggesting a positive outlook for 2024, thanks to factors including increased end-market demand, supply chain improvement, strong nonresidential construction and upcoming mega projects.

The latest forecast from the American Rental Association corroborates theses reports, with construction and industrial equipment (CIE) rental revenues currently expected to total $56 billion this year and $59 billion in 2024.

Here, we look at third-quarter results from four of the biggest U.S. rental chains and what their predictions might mean to the rest of the industry.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED



    Access Briefing

    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    CONNECT WITH THE TEAM
    Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
    Pete Balistrieri Brand Manager - ALH & SA Tel: +1 414 940 9897 E-mail: [email protected]
    Ollie Hodges Vice President, Sales - ALH & SA Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA