Rental Market Recovery Accelerates in Q1 2021
Recent data points in M Science’s work suggest the equipment rental market is experiencing a healthy and accelerating recovery, due to improving fleet utilization, moderating rental rate declines, a favorable capex environment, and more.
For Construction Pros
April 16, 2021General Rental Rate Trends Improve in Mid-November
Equipment rental participants have been keenly watching rental rate trends headed into the winter. Trends in our data suggest rental rates have held up better than feared QTD with rental rate data holding strong through the 15th of the month.
For Construction Pros
December 3, 2020Two Encouraging Alternative Data Trends in the Equipment Rental Industry
While 2020 has been a tough year all around, there are some signs that we are turning a corner – at least in industrial and construction equipment rentals.