Equipment rental revenue grows

April 24th, 2019

The latest five-year forecast from the American Rental Association (ARA) calls for equipment and event rental revenues in North America to surpass $61.5 billion in 2019, including $55.8 billion in the United States and $5.7 billion in Canada, up 5.3 percent compared to 2018. Similar steady growth is expected in each of the successive years […]

Read More

ARA awards outstanding service

December 31st, 2018

The American Rental Association (ARA) presented its annual awards to individuals for outstanding service to the association and the rental industry. Frederick Dupy, president of American Party Rental in Austin, Texas, was honored with the the Distinguished Service Award; Leon Kothmann, Leon Kothmann Insurance Agency, Arlington, Texas, received the Meritorious Service Award; Rick Long, president […]

Read More

Rental revenue to exceed $71 billion

December 24th, 2018

The American Rental Association (ARA) five-year forecast projects that equipment and event rental revenues in North America will surpass $71.7 billion in 2022, including $65.4 billion in the U.S. and $6.3 billion in Canada. The latest quarterly forecast again projects greater revenue gains than the previous forecast released in late May for each year from […]

Read More

ARA forecasts rental growth

October 3rd, 2018

For the second quarter in a row, the American Rental Association (ARA) is projecting larger increases in revenue almost across the board for the equipment and event rental industry than it did in the previous five-year forecast released in May. The July 2018 forecast calls for total U.S. rental revenue of $53.04 billion in 2018, […]

Read More

ARA partners with TechForce Foundation

April 26th, 2018

The American Rental Association (ARA), Moline, Ill., and TechForce Foundation, a Scottsdale, Ariz., are partnering to raise the profile of trade and technical careers. According to TechForce’s “Technician Demand Report,” 125,000 new entrant technicians in auto, diesel and collision will be needed annually over the next ten years. TechForce Foundation has introduced the FutureTech Success™ […]

Read More

Growth in equipment rental industry

March 16th, 2018

The American Rental Association (ARA) expects equipment rental industry revenue to grow, resulting in total revenue of $59.6 billion in 2021. Revenue in the U.S. is expected to grow 4.5 percent in 2018 to reach $51.5 billion, 5.6 percent in 2019, 5 percent in 2020 and 4.4 percent in 2021. In Canada, revenue is expected […]

Read More

ARA to honor member volunteers at The Rental Show

January 16th, 2017

The American Rental Association (ARA) recognizes individuals each year for outstanding service to the association and the rental industry. They will be honored at The Rental Show® 2017 in Orlando, Fla. Various awards will be presented including the 2016 Distinguished Service Award, the 2016 Meritorious Service Award, the 2016 Special Service Award and the 2016 […]

Read More

ARA battling natural disasters

September 22nd, 2016

The American Rental Association (ARA) Foundation has donated $6,000 to the American Red Cross for first-responder relief efforts for California’s voracious wildfires and West Virginia’s historic floods—and many ARA members showed up on the front lines. California wildfires scorched hundreds of homes, forced thousands to seek shelter and severely taxed the resilience of firefighters. ARA […]

Read More

ARA CEO Wehrman honored

August 9th, 2016

Christine Wehrman, CEO and executive vice president of the American Rental Association (ARA), Moline, Ill., was honored with the European Rental Association Lifetime Achievement Award. Wehrman, who announced in January that she will retire from the ARA after a successor is named, was presented with the award on June 8 during a special ceremony at […]

Read More

Equipment rental revenue set to top $57 billion in 2020

August 8th, 2016

The five-year forecast for the equipment rental industry released by the American Rental Association (ARA) projects a compound annual growth rate in revenue of 4.9 percent to reach $57.3 billion in the U.S. in 2020. Updated at the end of July, the numbers in the forecast are slightly modified compared to ARA’s quarterly forecast in […]

Read More