Re-rental veteran Truckenbrodt on tariffs, tech shortages and survival in an uncertain market
Founded 35 years ago, USM ReRents is now among the longest-established re-rental providers in the United States, and one of the few independents still standing in a sector that has undergone significant consolidation in the last five years. The company, whose business model is built around supplying specialist machines to regional rental companies that cannot […]
US Fed holds rates steady as construction prices rise
The decision, announced following the Federal Open Market Committee’s latest meeting, was expected by most analysts. The announcement involved some historic intrigue, however, as two Fed governors, Christopher Waller and Michelle Bowman, dissented in favour of lowering rates; a rare move that suggests some division among officials of the central bank. In its statement, the […]
Delayed CapEx and tariffs impact Genie’s Q2
Terex Corp. announced a decline in Genie’s second-quarter 2025 revenues and operating profit, citing delayed capital expenditure from North American rental companies and “significant tariff rate increases.” For the second quarter, Genie reported net sales of $607 million, a -17.1% or $125 million decrease year-over-year. Operating profit for the quarter was $46 million, down -60% […]
JCB on how to beat the skilled labor shortage
What does it take to cultivate the next generation of skilled talent in the access, rental and manufacturing industries? JCB’s Early Career Development Manager Chastity Williams-Lasley will address just that when she takes the stage on Oct. 16 to present at the Working at Height Conference & Awards in Nashville. In her session “Built to […]
Hiab up overall in first half of 2025
Hydraulic loader crane and equipment manufacturer Hiab claims a “strong performance” in the first half of 2025. At the end of the first six months of the year, orders received were €755 million, up 3 per cent on the €734 million in the same period a year earlier. At €814 million, however, Hiab reported a […]
UK rental business to sell entire fleet after sister firm goes into administration
Corbyn Plant Hire said it had appointed Euro Auctions to manage the sale of its complete portfolio of assets following news that Corbyn Construction entered into administration in May 2025. Corbyn Plant Hire, which is not in administration, said that it would be selling its entire fleet of ‘fully owned’ machines and equipment which includes […]
‘The only certainty is change’: Dinolift’s Rönnlöf outlines vision for long-term growth
Petter Rönnlöf, the recently appointed chief executive of Finnish aerial work platforms specialist Dinolift, is forthright in his self-assessment. “I am a sales guy,” he says, leaning back in his chair with a grin. Appointed in March to lead the business in the place of owner Karin Godenhielm, Rönnlöf brings to the role a mix […]
Home Depot expands product distribution with $5.5bn deal
The Home Depot in the US is to acquire building products distributor GMS Inc for US$5.5 billion, including net debt. The deal is being made through Home Depot’s trade subsidiary SRS Distribution and will further expand its position supplying building products to professional customers. SRS, which was acquired by Home Depot in 2024, has 800 […]
Gulf giga-projects fuel surge in construction equipment rental demand
A wave of giga-projects across the Gulf—most notably in Saudi Arabia—is triggering unprecedented demand for construction equipment rentals, as regional governments push ahead with large-scale infrastructure schemes to diversify their economies and accommodate rapid population growth. In 2024 alone, Saudi Arabia awarded an estimated $148bn in construction contracts, the highest annual figure ever recorded by […]
Sunbelt Rental UK aims for “smarter decisions” with Salesforce partnership
Sunbelt Rentals UK & Ireland has partnered with Salesforce, the customer relationship management (CRM) platform, as part of its strategy to transform its digital operations. The deal will include implementation of Saleforce’s AI package, Agentforce, which creates autonomous AI agents to handle tasks and support for employees and customers. Phil Parker, CEO of Sunbelt Rentals […]