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Equipment rental was first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, [1] and the first waves of consolidation took place in the 1970s in North America ...
United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [5] It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. [3]
A telescopic handler, also called a lull, telehandler, teleporter, reach forklift, or zoom boom, is a machine widely used in agriculture and industry. It is somewhat like a forklift but has a boom ( telescopic cylinder ), making it more a crane than a forklift, with the increased versatility of a single telescopic boom that can extend forwards ...
Some construction equipment can cost as much as $150,000. Backhoes can cost $45,000 to $55,000 (this and other figures in 2010 U.S. dollars); skid steer loaders , $25,000 to $35,000; generators , $25,000 to $150,000 (for trailer mounts); forklifts , $12,000 to $50,000.
Penske Truck Rental is an operating unit of Penske Truck Leasing that has more than 2,500 consumer truck rental locations across the United States and Canada. Penske rents commercial semi-trucks, straight trucks and semi-trailers to businesses that haul freight. Its truck rental fleet has more than 85,000 units.
Budget Truck Rental, LLC is the second largest truck rental company in the continental United States, with around 2,800 locations and 32,000 trucks across the country. Budget Truck Rental is owned and operated by Avis Budget Group , which was spun off from Cendant .
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