Business Services: Page 311

United Q4 Rental Revenues up 18.5%, Rates Increase 6% from 2010

United Rentals Inc.

Rental revenue increased 18.5% for the fourth quarter 2011, compared with the fourth quarter of the prior year, reflecting year-over-year increases of 6.7% in rental rates and 15.1% in the volume of equipment on rent. For the full year, rental rates increased 6.1% from 2010.

Sunbeam Rentals to Provide Portable Solar Light Towers to Oil and Gas Industry in Pennsylvania

Sunbeam Rentals, an equipment rental dealer, is focused on one primary objective – to provide full-service rentals in the northeastern U.S. to industries interested in the rapidly growing Progress Solar Series of Light Towers for portable outdoor lighting applications.

Financing, Insurance & Leasing

Ritchie Bros. To Hold Auction on January 27, 2012

Ritchie Bros. Asset Solutions

Ritchie Bros. will hold its first equipment auction of the year in Las Vegas on January 27, 2012, the last day of the World of Concrete

Ritchie Bros. new Las Vegas auction site

Counter Thoughts

Make an Impact on the Message: Join Rental's New Editorial Board

Contact Editor Jenny Lescohier if you're interested in providing your feedback on our content and the various vehicles used to bring it to our audience, not to mention sharing your point of view on the market in general.

Jennynew0806 106154331 10617773

GE Capital Expands Construction Finance Business

In advance of a busy trade show season, GE Capital, Dealer Finance announced it is doubling its sales force to support growing retail and wholesale demand for construction equipment financing.

United Rentals Gets U.S. Antitrust OK for RSC Acquisition

United Rentals Inc. and RSC Holdings Inc. have announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, relating to the previously announced acquisition of RSC by United Rentals, expired at 11:59 PM on January 20, 2012.

Hertz Chief Frissora Seeking More Equipment Rental Deals

Hertz Global Holdings Inc. may buy up to eight equipment rental businesses this year to help minimize the company's reliance on its main car lease business, Chief Executive Officer Mark Frissora said.

Hertz Acquires Cinelease

Hertz Global Holdings Inc. announced that Hertz Entertainment Services has acquired Cinelease, U.S. market leader in lighting and grip rentals to the television industry, based in Los Angeles, California.

Volvo Rents Expands Presence In South Carolina, Colorado

Volvo Rents announces the acquisition of Blue Eagle Equipment, a three-store equipment rental company based in South Carolina, with stores in Columbia, Greenville and Spartanburg, as well as a recently opened new store in Englewood, CO.

Acme Lift Appoints Stewart as Vice President and CFO

“Scott has had a stellar career, directing all aspects of financial strategies in companies ranging from start-up to Fortune 500,” said Steve Nadelman, president and chief operating officer of Acme Lift.

Trimble, Manitowoc Cranes Enter into Development Agreement

Manitowoc Cranes

Companies plan to develop a solution tailored for the lifting industry that provides real time, centimeter-level positioning data for multiple cranese.

Point-of-Rental Systems Integrates FedEx Shipping Options

Point of Rental Software

Much like the UPS WorldShip feature introduced in the software earlier this year, FedEx interfaces with the delivery address in the Point-of-Rental System contract record to automatically populate the fields and generate shipping labels. In addition, the upcoming release of the software contains an integrated tracking feature which allows users to track shipments directly from the Point-of-Rental System.

Page 311 of 474