Essex Rental Reports Increased Rates, Utilization

Equipment rental revenue for the fourth quarter of 2010 was $8.1 million compared to equipment rental revenue of $6.4 million for the quarter ended December 31, 2009.

March 15, 2011

Ron Schad, president & CEO of Essex, stated, "The fourth quarter was an exciting and busy quarter for Essex Rental Corp. As previously announced, we completed the acquisition of Coast Crane's assets in late November and we have been pleased with the acquisition to date. During the fourth quarter of 2010, Essex Crane experienced both increasing utilization rates and the stabilization of average rental rates."

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