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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.
The Jacksonville Aviation Authority (JAA) is the owner of all four public airports in Jacksonville and serves as the Fixed-Base Operator (FBO) at Herlong. The airport was originally built during World War II to facilitate pilot training for the Navy and Air Force. After the war, the property was given to the city, and subsequently the JAA.
Hertz opened a heavy equipment rental division in 1965, the Hertz Equipment Rental Corporation, with its first location in Houston, Texas and headquarters in Park Ridge, New Jersey. [104] Herc Rentals became an independently publicly traded company called Herc Holdings Inc. on July 1, 2016. [105] The company is headquartered in Bonita Springs ...
In 2018, the airport handled 6,460,253 passengers, breaking the previous record set in 2007. [9] 7,186,639 passengers were handled in 2019. [10]This increase in traffic prompted the JAA to revive the plan to rebuild concourse B. [11] On May 10, 2024, ground was broken on a new Concourse B.
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The airport is served by taxis, dedicated JTA bus routes, as well as several shuttle bus services available 24 hours a day. It also has a rental car center and parking garage. In 2006, construction began to replace the three existing passenger concourses. Concourse A was demolished and rebuilt, followed by Concourse C, which was completed in 2008.
The airlines, rental car companies, and terminal concessionaires pay lease and rental fees to JAA for the right to operate out of the airport. This revenue funds the day-to-day operations so that public tax dollars are not required. [4] For fiscal year 2010, they reported net income of $20.4 million and assets of $436.7 million. [7]
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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