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Rouse Rental Metrics Benchmarks show rates rising in July for all categories of equipment, with backhoe rates up the most at 2.7%
Achieved rental rates increased 1.1% on average in July for the rental companies participating in the Rouse Analytics Rental Metrics Benchmark Service.
Rates increased 8.4% relative to July 2011.
Rouse Analytics calculates rate change weighted by prior period activity in accordance with the ARA Rental Market Metrics standard.
The Rental Rate Index tracks rental rates relative to January 2011 for the top equipment categories of major rental companies. The index measures average rental rates weighted by 2011 activity as a percentage of January 2011 rates.
Manitowoc has announced a new four axle Grove All Terrain crane, the 90 tonne GMK4090, an upgrade to the current GMK4080-1/GMK4100B which has been in production since 2006. The new GMK4090 features
Spanish tower crane manufacturer Jaso has introduced three new models to its product line. The J700 is the new addition to the manufacturer’s Top Line (H) series. According to Jaso this crane
Terex Cranes has unveiled the Demag AC 45 City crane, a compact new three-axle unit in the 45-tonne lifting capacity class aimed at urban applications, with a total length of only 8.68 metres, a
Ritchie Bros has announced plans to introduce its IronPlanet online-only equipment auction site to the UAE. The Canada-headquartered heavy equipment auctioneer said that the move would enable the
Caterpillar has expanded its hydraulic excavator (hex) product line with the addition of three new models, which will be available in the Middle East in the second quarter of 2018. The company
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