The American Rental Assn. also reports an increase in rental penetration over the last 2 years, which is the percentage of construction equipment currently in use in the U.S. that is owned by equipment rental companies.
Achieve sustainable rental profits by setting up efficient management, offering the right sales compensation and understanding optimal rental rates and fleet mix.
Achieve sustainable rental profits by setting up efficient management, offering the right sales compensation and understanding optimal rental rates and fleet mix.
Sales of new construction equipment have been on an upward trend in recent years, but the rapid growth of rental has been eroding some of that acceleration, according to the Equipment Leasing & Finance Foundation's 2018-2019 Vertical Market Series report on the construction segment.
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