November 2022
Equipment Rental Revenue to Slow Down but Continue to Grow
After two years of rapid post-pandemic revenue growth in 2021 and 2022, the equipment rental industry is...
November 2022
United Rentals to Acquire Ahern Rentals for $2 Billion
In a stunning deal, United Rentals announced that the company has entered into a definitive agreement to acquire...
October 2022
Special Report: Industrial Outdoor Storage
Specialized property emerging as industrial mainstay. Serving a mission-critical role for last-mile distributions...
October 2022
Rental Revenue and Utilization Strong in Q3, Although Growth Slowing
Rental market dynamics remained healthy in the third quarter but with slowing growth, according to...
August 2022
Truck Terminals Move Into Fast Lane of Industrial Real Estate Investment
While the commercial real estate industry has been focused on ever-larger industrial warehouses...
August 2022
Industrial Outdoor Storage Is the New Hot CRE Type
Industrial outdoor storage has gone from being a niche in the industrial sector often owned by small private...
August 2022
ARA Forecast Remains Bullish on Equipment Rental Revenue
The update, released Aug. 3, projects equipment rental revenue, including the construction and general tool...
August 2022
Lumber Futures are Down 62% Amid a 'Great Reset'
Lumber prices have been on a wild ride over the past two years. As Fortune previously detailed...
July 2022
US LBM Acquires Foxworth-Galbraith Lumber Company
Specialty building materials distributor US LBM announced it has reached a definitive agreement to acquire...
July 2022
Herc Rentals' Rental Revenue Jumps 35.1 Percent in Second Quarter
Herc Rentals reported equipment rental revenue of $605.4 million in the second quarter of 2022...
July 2022
2022 Midyear Industrial National Report
Global supply chain disruptions and an increasing preference for direct-to-consumer delivery...
July 2022
Rental Revenue Jumps 14.3 Percent in Q2
Average rental revenue increased 14.3 percent year over year in the second quarter...
May 2022
Service King Reaches Agreement with Key Financial Stakeholders to Recapitalize Business
Capital injection strengthens Service King's financial position by reducing net indebtedness by over $500 million...
May 2022
Beacon Reports First Quarter 2022 Results
Net sales increased 28.0% compared to the prior year to $1.69 billion, a company record for net sales for the first quarter...
May 2022
The RER 100 Tops $28.8 Billion in 2021!
The RER 100 totaled rental revenue of $28,813.7 million in rental revenue in 2021, according to a new report...
May 2022
Ferguson's Primary Listing Now on the NYSE As It Completes Transfer of Listing Category
Ferguson plc announces today that its primary listing is now on the New York Stock Exchange ("NYSE"). This follows the transfer...
May 2022
ARA Forecasts Double-Digit Rental Revenue Growth in 2022
Even with supply chain issues and labor shortages, U.S. equipment rental revenue, including both construction and...
April 2022
Equipment Rental Revenues Jump 30 Percent in First Quarter for H&E Equipment Services
H&E Equipment Services posted $199.2 million in total...
April 2022
United Rentals Jumps Rental Revenue 30.5 Percent in Record First Quarter
United Rentals posted first quarter 2022 equipment rental revenue of $2.175 billion, compared to $1,667 billion...
April 2022
Herc Rentals' Rental Revenue Jumps 31.6 Percent in First Quarter
Herc Rentals posted $526.8 million in rental revenue during the first quarter of 2022 compared to $400.4 million...
March 2022
Sunbelt Rentals Revenue Jumps 23.4 Percent in Fiscal Third Quarter
Revenue for Sunbelt rentals in its fiscal third quarter of 2022 ended January 31 totaled $2 billion...
February 2022
H&E Equipment Services' Rental Revenues Jump 24.7 Percent in Fourth Quarter
H&E Equipment Services posted total equipment rental revenues for the fourth quarter of 2021 of $203.7 million...
February 2022
Builders FirstSource to Host Fourth Quarter & Full-Year 2021 Financial Results
Builders FirstSource will hold a conference call and webcast on Tuesday, March 1, 2022...
January 2022
United Rentals Invests $3 Billion in Rental Capex in 2021
United Rentals generated $1.5 billion of free cash flow in 2021 and invested a record $3 billion in rental capex, sourcing that equipment...
November 2021
Report: Service King warns lenders it may not be able to pay debt
Service King has warned its lenders that it is running out of cash...
October 2021
Herc Rentals’ Rental Revenue Jumps 29.2 Percent in Third Quarter
Herc Rentals posted third quarter 2021 rental revenue of $519.6 million...
July 2021
Herc Rentals Uncorks a Hot 36.8 Percent Rental Revenue Rise in Second Quarter
Herc Holdings posted equipment rental revenue of $448 million in the second quarter...
July 2021
United Rentals' Second Quarter Rental Revenue Jumps 18.8 Percent
United Rentals posted equipment rental revenue of $1.951 billion in the second quarter...
July 2021
EquipmentShare Completes $230M Funding Round
Equipment and digital solutions provider EquipmentShare announced the completion of a $230 million funding...
July 2021
Crane Manufacturer Manitowac Acquires H&E's Crane Business
H&E Equipment Services today announced that it has entered into a definitive agreement...
May 2021
The RER 100 - Surviving the Pandemic
As expected, the RER 100 declined in 2020, as did the rest of the rental industry...
July 2021
Equipment Rental Activity Jumps 9 Percent in Second Quarter
Overall equipment rental activity increased 9 percent in the second quarter of 2021 compared to the second quarter of 2020...
April 2021
United Rentals Acquires 20-Location Rental Company Franklin Equipment
United Rentals has acquired Franklin Equipment LLC, a regional provider of equipment rentals...
April 2021
United Rentals Agrees to Acquire Mobile Storage Giant Finance Corp for Almost $1 Billion
Two days after announcing its acquisition of 20-location Franklin Equipment, United Rentals and General Finance...
February 2021
Builders FirstSource Reports Record Fourth Quarter and Full Year 2020 Results
On January 1, 2021, Builders FirstSource completed its transformational merger with BMC Stock Holdings...
February 2021
Herc Rentals Declines Only 3.6 Percent in Fourth Quarter 2020
Herc Holdings reported $520.4 million in total revenue for the fourth quarter of 2020 compared to $540.1 million...
December 2020
Beacon Roofing Supply Agrees to Sell Interior Products Business for $850M
Beacon Roofing Supply, Inc. has announced the execution of a definitive agreement to sell its interior products business, consisting of 81 branch locations...
January 2021
Herc Holdings Acquires Houston-based Champion Rentals
Herc Holdings, Inc. announced that it has acquired substantially all the assets of Houston-based Champion Rentals, Inc...
October 2020
United Rentals Rental Revenue Declines 13.3 Percent in Q3
United Rentals posted $1.861 billion in the third quarter 2020 equipment rental revenue compared to $2.147 billion in the third quarter of 2019, a 13.3-percent decline...
November 2020
The Home Depot Announces Agreement to Acquire HD Supply Holdings, Inc.
The Home Depot, the world's largest home improvement retailer, today announced it has entered into...
October 2020
Equipment Rental Declines 2 Percent in Q3
Equipment rental activity decline two percent on a year-over-year basis in the third quarter of 2020 compared to the third quarter of 2019 for respondents to the Baird/RER...
October 2020
Rental Revenue Drops 19.1 Percent in Third Quarter for H&E
Third quarter revenue was $289.3 million for H&E Equipment Services in 2020 compared to $353 million in the third quarter of 2019, an 18.1-percent decrease...
September 2020
Specialty Rentals Strong as Sunbelt Rentals Revenue Drops 7 Percent in Fiscal 1st Quarter
Sunbelt Rentals U.S. posted $1,284.1 billion in revenue in the first fiscal first quarter of 2021 compared to $1,380.9 billion...
October 2020
Herc Rentals' Rental Revenue Declines 12.5 Percent in Q3
Herc Holdings reported third quarter equipment rental revenue of $402.3 million compared to $459.6 million in the third quarter of 2019, a 12.5-percent decrease...
August 2020
Special Report: 2Q Rent Collections
Most tenants able to meet dues despite unprecedented headwinds. July earnings releases from REITs provided some insight to the health of commercial real estate...
August 2020
HD Supply Enters Into Definitive Agreement to Sell its White Cap Business
HD Supply Holdings, Inc. today announced that it has entered into a definitive agreement to sell...
August 2020
Industrial Special Report
The industrial market enters the second half of 2020 well positioned to record increased demand for available space and inflows of investor capital...
August 2020
Builders FirstSource to Combine with BMC Stock Holdings
Combined company will delver a full suite of products, services and solutions nationally with over $11 Billion....
July 2020
Hit by COVID-19, United Rentals Drops 16.2% in Second Quarter
United Rentals posted 1$1.642 billion in rental revenue in the second quarter of 2020 compared to $1.960 billion in the same quarter a year ago...
August 2020
Moody's Downgrades Service King's PDR to Caa2-PD
Moody's Investors Service, ("Moody's") today downgraded Midas Intermediate Holdco II, LLC's ("Service King") Probability of Default Rating to Caa2-PD....
June 2020
A-Plant Officially Rebranded as Sunbelt
Sunbelt Rentals has officially launched in the UK and Ireland, following the announcement earlier this year that Ashtead's UK business A-Plant would be rebranded...
June 2020
Top 10 Rental Companies in the World
Aside from some significant shifts in the op 10, perhaps the most notable development in this year's IRN 100 listing of the world's largest rental companies is the progression....
May 2020
The RER 100 - End of a Run?
In what appears to be the end of a decade-long run of growth, the RER 100 increased 11.4 percent in 2019 to top $28 billion...
April 2020
Industrial Special Report
Warehouse and Distribution Centers Partially Insulated From Health Crisis; Investors to Consider Industrial as Diversification Option....
May 2020
Net Leased Sales Expand Nearly 10% in Q1 for Builders FirstSource
Builders FirstSource (BFS) posted strong sales results in the fiscal first quarter of 2020 despite the outbreak of the coronavirus...
April 2020
Bridgestone to Reopen Commercial Plants Next Week, Consumer Tire Plants in May
Bridgestone Americas Inc. will restart its north American commercial tire plants on April 13....
April 2020
Special Report Update: Paycheck Protection Program
Congress Replenishes Paycheck Protection Program; Additional Small Business Aid Clearing Final Hurdles
March 2020
Coronavirus Emergency Loans:
Small Business Guide and Cheklist
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic...
April 2020
Sunstate Equipment Remains Open in All Markets
Sunstate Equipment, the Phoenix-based equipment rental company with depots across Arizona, California, Colorado, Georgia...
Feb. 2020
H&E Equipment Services' Rental Revenue Jumps 7.8 Percent in Fourth Quarter
H&E Equipment Services posted total equipment rental revenue in the fourth quarter of $193.8 million...
Feb. 2020
Rental Penetration Continues to Grow, ARA Economist Says
Equipment and event rental companies are expected to generate $58.1 billion in revenue in the United States in 2020, up 3.8 percent compared to 2019...
Feb. 2020
Builders FirstSource Launches $500 Million Senior Note Offering
Builders FirstSource (BFS) has launched an offering of $500 million aggregate principal amount of unsecured senior notes due in 2030, according to a news release...
Feb. 2020
Beacon Roofing Supply Posts Net Loss of $23.4 Million in Q1
Beacon Roofing Supply reported a net loss of $23.4 million in the roofing distributor's fiscal first quarter, a significant change from the $0.9 million net loss posted in the fiscal first quarter a year ago...
Feb. 2020
SRS Distribution to Acquire Gannon Roofing Supply
SRS Distribution plans to acquire independently-owned Gannon Roofing Supply. The Des Moines, Iowa-based company distributes residential and commercial roofing products...
Jan. 2020
Specialty Looks Strong, Industrial Sluggish in 2020, United's Flannery Says
United Rentals delivered what CEO Matt Flannery called a "solid year of profitable growth for United Rentals...
Jan. 2020
United Rentals to Maintain CapEx in Slower Growth Market
United Rentals will be maintaining a high level of CapEx in 2020, as the company expects to see continued growth, though at a slower pace...
Jan. 2020
Pomp's Buys 19 GCR Stores from Bridgestone
Pomp's Tire Service Inc. has bought 19 GCR Tires & Service (GCR) stores in nine states from Bridgestone Americas Inc...
Jan. 2020
Beacon Roofing Supply Updates its Brands
Beacon announced that its 40 brands across the United States and Canada that sell exterior products will now operate under the Beacon Building Products brand name...
Jan. 2020
Builders FirstSource Acquires Bianchi & Company
Builders FirstSource (BFS) has purchased the assets of millwork supplier and installer Bianchi & Company in Charlotte, N.C...
Jan. 2020
ABC Supply Acquires Badger Building Supply
ABC Supply, a wholesale distributor of roofing, siding, and other exterior building products, completed the acquisition of Badger Building Supply in Milwaukee, Wisconsin...
Dec. 2019
Sunbelt Rentals' Fiscal First Half Revenue Jumps 15.5 Percent
Sunbelt U.S. posted fiscal first half revenue of $2,877.5 million compared to $2,500.2 million in the fiscal first half of 2018, a 15.5-percent leap...
Dec. 2019
Builders FirstSource Acquires Raney Construction
Builders FirstSource announced it has purchased the assets of Raney Components, LLC and Raney Construction, Inc., located in Groveland, Florida...
Nov. 2019
Top 10 North American Rental Companies in 2019
The Access, Lift and Handlers magazine has published its 2019 AERIALS20 (A20) list of the biggest rental companies in North America, based on aerial platform fleet size...
Oct. 2019
Q3 Rental Revenue Leaps 18.2 Percent for H&E
H&E Equipment Services posted $353 million in revenue in the third quarter of 2019, compared to $322.1 million in the third quarter of 2018, a 9.6-percent increase...
Oct. 2019
SRS Distribution Acquires Roofers Supply
SRS Distribution acquired Salt Lake City, Utah-based Roofers Supply, an independently owned distributor of residential and commercial roofing products and accessories...
Oct. 2019
United Rentals' Rental Revenue Jumps 15.4% in Q3
United Rentals posted equipment rental revenue of $2,147 million in the third quarter ended Sept. 30, compared to $1,861 million for the same period last year, a 15.4-percent increase...
Oct. 2019
Equipment Rental Healthy in 3Q Baird Survey Finds
The Baird/RER Equipment rental survey for the third quarter found overall that equipment rental activity remained healthy in the third quarter, rebounding from...
Oct. 2019
Sunbelt Rentals Acquires Southern California's King Equipment
Sunbelt Rentals has acquired King Equipment, an aerial equipment leader in Los Angeles and Southern California...
September 2019
HD Supply to Break into Two Companies
Atlanta-based HD Supply Holdings, Inc. says it intends to separate its Facilities Maintenance and Construction & Industrial businesses...
Sept. 2019
Proposed Demerger of Wolseley UK, CEO Succession and Listing Structure
The Board of Ferguson today announces its intention to demerge its UK operations subject to shareholder approval...
Aug. 2019
Builders FirstSource Reports Second Quarter 2019 Results
Builder's FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the second quarter ending June 30, 2019.
"During the second quarter, we continued to expand...
Aug. 2019
Travis Roofing Supply has Joined the SRS Family of Companies
SRS Distribution Inc. ("SRS") announced today that it has acquired Travis Roofing Supply ("Travis" or the "Company"), an independently owned distributor...
July 2019
Core & Main Completes Acquisition of Long Island Pipe
Core & Main LP, a leading U.S. distributor of water, sewer and fire protection products, announced today that it has closed on its previously announced agreement to acquire...
Aug. 2019
Herc Rentals Hikes Rental Revenue 3.8 Percent in Q2
Herc Rentals reported $407.6 million in equipment rental revenue, compared with $392.5 million for the second quarter of 2018, a 3.8-percent increase...
July 2019
H&E Equipment Services' Q2 Rental Revenue Jumps 20.6%
H&E Equipment Services posted a revenue of $333.6 million in the second quarter compared to $310.4 million in the second quarter a year ago, a 7.5 percent increase...
July 2019
United Rentals Opens 24 Specialty Starts in First Half, Flannery Says
United Rentals opened 24 specialty cold starts in the first six months of 2019, bringing that network's total to 351 locations, CEO Matt Flannery told an investor's...
June 2019
Sunbelt Rentals Revenue Jumps 20.1 Percent in Fiscal 2019
Sunbelt Rentals U.S. posted $4,988.9 million in revenue in full year fiscal 2019 compared to $4,153.1 million in full year fiscal 2018, a 20.1-percent year-over-year increase...
Mar. 2019
Ferguson Grows Revenue by More Than 12 Percent
Ferguson plc. the world's leading specialist distributor of plumbing and heating products and parent company of U.S. based Ferguson Enterprises, today announced...
Feb. 2019
H&E Equipment Finalized Acquisition of We-Rent-It
H&E Equipment Services announced it has completed the acquisition of We-Rent-It, a non-residential construction focused equipment rental company in Texas...
Feb. 2019
Herc Rentals Hikes Total Revenue 12.7 Percent In 2018
Herc Holdings posted equipment rental revenue of $447.7 in the fourth quarter compared to $414.5 million in last year’s fourth quarter, an 8-percent increase...
Dec. 2018
Sunbelt Rentals Increases Fiscal First Half Revenue 19.9 Percent
Sunbelt U.S. posted $2.5 billion in revenue for the fiscal first half of 2018, compared to $2.084 billion for the same period last year, a 19.9-percent increase...
Dec. 2018
Sunbelt Rentals Aquires Underground Safety Equipment
Sunbelt Rentals has acquired Underground Safety Equipment, a provider of trench safety and shoring equipment to contractors and municipalities from eight locations...
Oct. 2018
United Rentals Finalizes Acquisition Of BlueLine Rental
United Rentals has completed its previously announced acquisition of BlueLine Rental for approximately $2.1 billion in cash...
Oct. 2018
H&E Equipment Services' Rental Revenue Jumps 24.2 Percent In Third Quarter
H&E Equipment Services posted $322.1 million in third quarter revenue compared to $259.2 million in the third quarter of 2017, a 24.3-percent increase...
Aug. 2018
United Rentals Finalizes Acquisition Of BakerCorp For $715 Million
United Rentals has completed its previously announced acquisition of BakerCorp International Holdings for a total purchase price of approximately $715 million...
April 2017
Sunbelt Rentals Footprint To Expand By 50% In North America By 2021
Ashtead Group plans to increase the footprint of its North American business – Sunbelt Rentals – by about 50 percent within the next three years, according to a plan being discussed with investors on April 20 in New York City...