Industrial Rentals Report 

The Industrial Equipment rental industry has been on a steady rise ever since the 2009 recession. Following the global credit crunch that took place during that time, companies around the world have found it difficult to accumulate suitable liquidity for development projects. This has led independent and even state-run initiatives to find alternative and strategic ways to both limit spending and maximize profits. Companies subsequently have had an ever-increasing dependency

Read More

Renting Heavy Equipment Could be Better Than Buying It!

It can be tempting to look at the purchase of new construction equipment as an investment for your company. The reality of buying new heavy machinery isn’t straightforward at all. Renting construction equipment on a long-term basis has some major financial and operational advantages that often go overlooked. Buying heavy equipment will cost a company more than the purchase price. With use, the value of a piece of machinery will

Read More

2019 Market Trends In The Power Rental Industry

An Overview Of The Power Rental Market The market for global power rental is projected by 2023 to grow to 21,765.1 million dollars, at a compound annual growth rate between 2017 to 2023 of 9.06%. Power rentals are rentals of generator sets which run on diesel, gas, or other fuels to generate power and have various commercial and industrial applications. A power rental may be defined by renting of a

Read More

How New Technology will Enhance the Rental Industry

Advances in technology are rapidly changing nearly every industry. Businesses leveraging new technology continually optimize performance to stream line services, enhance production, and create new advantages against competitors. From the agricultural sector to clothing retail to fast food, incorporating new information technology and machinery is the way to stay ahead while increasing customer and client satisfaction. However, one area that may be lagging behind in terms of adopting new technology

Read More

A Good Time To Be In The Construction Equipment Rental Market

Currently, the construction equipment rental market is flourishing all over the world, and that trend is expected to continue going forward. In fact, this market is expected to have a compound annual growth rate (CAGR) of 4.3% between now and 2024. Notably, this growth will occur in both developed and emerging nations. Renting equipment Why is the construction equipment rental market so hot? For starters, there are enormous infrastructure projects

Read More

21st-Century Farm Equipment and Its Economic Consequences

Agriculture has come a long way since farmers used oxen for plowing and sheaths for harvesting. Mechanized tillage has expanded yields and arable acreage exponentially since those days, helping the United States and other nation-states attain primary export status around the world. The capacity to optimize a crop while expending less and less human and financial capital is a sometimes unsung story of agricultural history. Meanwhile, the first decades of

Read More

SpaceX Launches New Equipment at New Docking Port To The International Space Station

The new launch from SpaceX is slated for 6:01 pm on July 24, 2019. This will be a cargo mission for NASA and they are bringing roughly 5,000 pounds of supplies to the International Space Station. SpaceX will be using a Dragon cargo capsule, which has been to space successfully twice and will be launching from Cape Canaveral, Florida. This will mark the first time one Dragon capsule has gone

Read More

How Blockchain Will Change Construction and Mining Equipment

Most experts agree that blockchain technology is the future of supply chains. The construction and mining industry relies on the efficiency of these systems. Equipment must adapt to the most current technology. Blockchain can help to improve efficiency, streamline operations, and keep equipment and applications adaptable. Profound Advantages of Blockchain Technology The reason why blockchain is making so many waves across global industries is because of its capability to simultaneously

Read More

The Right Equipment Makes Seasonal Landscaping a Snap

Spring maintenance and seasonal landscaping can be quite the chore, especially for home and property owners who lack the right tool. From pruning trees and removing stumps to the mulching and tilling needed to start a new garden, equipment rentals that can provide access to the full range of high-end landscaping equipment can provide an ideal solution. Rental options make for a cost-effective alternative when it comes to specialty tools

Read More

An Innovative New Tractor Rental Platform Seeks to Mechanize Farms in Zimbabwe

The founder and Chief Executive Officer of Farmvest.biz, Michael Matope, released information last year about an innovative program his company plans to launch in the African nation of Zimbabwe. He hopes the program will help boost agricultural production dramatically. If successful, the Farmvest.biz model might provide an example for many other developing economies to embrace. It offers a realistic way for some of the most impoverished farmers in the world

Read More

Work Begins on Gordie Howe International Bridge

The work on the longest cable-stayed bridge in North America has officially commenced. The beautiful Gordie Howe International Bridge will link Detroit in the United States to Windsor in Canada. Projected to be completed in 2024, the construction will commence from the Canadian side. Cost and Design The total cost of the project is estimated to be around $2 Billion to $3 Billion. These cost estimates are projected taking into

Read More