The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 billion in the United States. However, the latest forecast released by the association on Nov. 12 calls for modest overall growth in 2021, ticking up 0.3 percent to $48.9 billion, before [...]
Fleet Up Marketplace is our used equipment platform of choice, but that doesn't mean it's the only choice. In fact, there are more options than ever before, making the buying decision a bit tough. When we meet with prospective clients who aren't already using Fleet Up Marketplace, we get asked about a few different marketplaces, and [...]
NEW JERSEY – August 7, 2020 – The Dodge Momentum Index moved 3.4% higher in July to 124.7 (2000=1000) from the revised June reading of 120.5. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to [...]
Construction jobs rebounded by 464,000 jobs in May but unemployment is the highest since 2012, according to a survey released June 5 by the Associated General Contractors of America. Even with May's bump in construction jobs, the industry has suffered a cumulative loss over three months of 596,000 jobs. You can read the survey questions and [...]
Fleet Up welcomed Big L Rentals and Sales this week. Located in Garden City, Kansas, roughly midway between Wichita, Kansas and Colorado Springs, Colorado, Big L Rental and Sales has been in business since 1996. We spoke with General Manager Ben Blood, a Garden City native who offers this insight into Big L and Garden City: [...]
As many areas in the United States and across the world begin to open up following “Stay at Home” orders, construction equipment companies have been forced to lay off employees, work from home and to retool their shops to maintain safe social distancing. During this time, many companies have offered to give big price breaks, special [...]
This sleeping forklift operator got more than he bargained for when on the job in this recent video posted to YouTube.
A strategic partnership between JLG Industries, Inc. and Associated Builders and Contractors (ABC) has resulted in enhanced equipment training at the ABC Keystone Chapter with the delivery of three pieces of equipment to the chapter training facility in Manheim, Pennsylvania. This training is focused on developing ABC’s employees at the Keystone Chapter to win work bids [...]
With several Terex plants still operating in the midst of the COVID-19 pandemic, there are some that are closed and eyeing an April comeback, according to the company. The list below shows the facilities expecting to reopen on April 13th: Oklahoma City, OK Moses Lake, WA Redmond, WA Rock Hill, SC In the meantime, there are [...]
Here's a round up of responses from those in the rental industry ARA: Equipment and event rental industry feeling coronavirus impact ARA: Coronavirus Discussion Group ARA: Conducting a weekly survey, 3/9 results ARA: ARA recommends funding of SBA loan programs to help small businesses impacted by coronavirus Point of Rental: Pandemic: How is the Rental Industry [...]
