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United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. [4] 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. [5]
In February 2014, Volvo Rents was sold to Platinum Equity and changed its name to BlueLine Rental. [3] In January 2016, Asterios Satrazemis was appointed as CEO of BlueLine Rental. [4] On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal closed in ...
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 ...
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Some insurance companies have preferred partners with discounted rates, or they might arrange delivery directly to a repair shop. Keep track of the costs: Save receipts for your rental charges ...
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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [ 1 ] In the insurance industry, "replacement cost" or " replacement cost value " is one of several methods of determining the value of an insured item.
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