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From the perspective of a rental company, the presence of attachments or accessories, particularly in the equipment and tool rental sectors, equipment that supports attachments means that fewer pieces of equipment are needed to support a wide variety of applications. [3] This is likely to increase utilization and reduce cost. [4]
Like most software development, initial rental software systems were developed in the 1970s and 1980s as custom or bespoke solutions provided for individual rental companies and occurred in parallel in locations across the globe. In the last two decades a number of leading players have emerged providing solutions for everything from one or two ...
Herc Rentals is an equipment rental company, owned by Herc Holdings. It was formerly a subsidiary of The Hertz Corporation before being spun-off as a separate company in 2016. The company provides rentals of heavy equipment , [ 3 ] tools, power generators and pumps, [ 4 ] as well as sales of used equipment.
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 ...
BigRentz was co-founded in March 2012 by Dallas Imbimbo, Stephen Jesson and Nick Kovacevich. Initially, they purchased domain names such as forkliftrental.com, scissorliftrental.com, and discountliftrental.com, and started to fulfill equipment rental orders using local equipment rental companies in order to validate their idea of online heavy equipment rentals.
Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and ...
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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 ]