May Rental News: United Rentals offers 0%; ARA aligns with True Value; Global Rental Alliance promotes industry worldwide

May 2010 Vol. 65 No. 5

TPR offers full services, including temporary traffic plans, set-up and removal of product on a customer’s job site, maintenance of set-ups, and installs permanent signs, provided striping as well as many other services.

TPR is positioned to provide equipment for contractors in major portions of the Western U.S., including locations throughout California, Nevada and Texas.

New market monitor service unveiled
Equipment rental industry-specific research has taken a giant step forward with the launch of the State of Equipment Rental Industry Outlook 2009-2014 Market Monitor service by the American Rental Association (ARA) and RENTAL MANAGEMENT.
This online subscription-based program, exclusively available to ARA members only, provides subscribers with the latest economic information regarding the equipment rental industry compiled by respected economic forecasting firm IHS Global Insight. The information is updated quarterly.

A basic annual subscription to the Market Monitor service includes an economic overview and equipment rental revenue forecasts for the United States and Canada broken out into each equipment rental market segment — construction and industrial equipment, general, and party and event — as well as U.S. national-level rental equipment investment data and quarter updates.

Upgrades to the basic package can be purchased, enabling subscribers to access geographical and market specific information. As part of this new service, subscribing ARA members can opt to drill down and receive economic information at the metropolitan statistical area (MSA) level. Examples of the 363 MSAs in the United States include Chicago, Salt Lake City and locations such as Palm Coast, FL.

Volvo Rents awards
Paul Bullock and family were named Volvo Rents “Franchise of the Year” for the fourth year in a row during Volvo Rents’ Circle of Excellence Awards. Bullock is the owner of JPS Equipment, the franchise-holding company. The awards were part of Volvo Rents’ annual franchise convention held in February in San Antonio, TX. Mike Crouch, Volvo Rents’ vice president of operations, presented the awards.

The “Franchise of the Year” award is given to the owner group that demonstrates strong store growth, return on fleet, receivables management, training attendance, marketing, branding and appearance.

Buyer's Guide