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Headline News
United Rentals Tops Wall Street Expectations with Strong Fourth-Quarter and Full-Year Increases
January 27, 2012
United Rentals topped Wall Street expectations with $746 million in fourth-quarter revenue, a 24.5-percent year-over-year increase compared with $597 million for the fourth quarter of 2010. Rental revenue jumped 18.5 percent to $589 million for the quarter, compared with $497 million a year ago.
RSC Posts Greater Than 20-Percent Hikes in Q4, Full-Year Revenues
January 27, 2012
RSC Holdings posted $421 million in fourth-quarter total revenue, compared with $339 million for the same period in 2010, a 24.2-percent hike, with rental revenue leaping 26.8 percent from $287 million in the fourth quarter of 2010 to $364 in the recently concluded quarter. The company’s fourth-quarter net income was $5 million, or 4 cents per diluted share, compared with a net loss of $7 million or 7 cents per diluted share for the fourth quarter of 2010.
National Trench Safety Expands to Las Vegas
January 27, 2012
National Trench Safety, a Houston-based company specializing in rental and sales of trench and traffic safety equipment, as well as OSHA-compliant training classes, has opened a new branch operation in Las Vegas.
CTS Owner Tom Coble Killed in Plane Crash
January 27, 2012
Tom Coble, founder and president of Coble Trench Safety, a Greensboro, N.C.-based multi-location rental company specializing in trench and traffic safety equipment rentals, was killed Jan. 20 when his plane crashed right outside a regional airport in Rainbow City, Ala. Coble, a veteran of 40 years of flying experience, was flying alone after his L-39 Albatross fighter jet underwent routine service and maintenance in Gadsden, Ala.
Postcards from Las Vegas & New Orleans
Ritchie Brothers Auction Coincides With Last Day of World of Concrete
January 27, 2012
Ritchie Bros. Auctioneers is holding its first public unreserved construction equipment auction of 2012 at its new Las Vegas site, today, Jan. 27. The auction is the first to be held in the new Las Vegas facility. The auction will feature more than 1,100 heavy equipment items and trucks. Bidders can bid in person at the auction site or online in real time at www.rbauction.com.
Honda Launches Industrial Generator at World of Concrete
January 27, 2012
Honda this week launched its all-new EB10000 Industrial Series generator at the World of Concrete, now the most powerful Honda generator and the company’s flagship model.
Classifieds
January 27, 2012
Region vice president -- Texas & Oklahoma – H&E Equipment Services
Businesses wanted -- Free and confidential consultations -- Rental Acquisitions, LLC
Caterpillar -- Rental & used operations rep, Los Angeles; Harrisburg, Pa.; Peoria, Ill.; Nashville, Tenn.; Indianapolis; Houston; and Toronto
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