Rental revenue to exceed $71 billion

October 28th, 2019

The five-year forecast from the American Rental Association (ARA) calls for equipment and event rental revenues in North America to surpass $71 billion in 2023, including $64.7 billion in the U.S. and $6.4 billion in Canada. For 2019, equipment and event rental revenue in the U.S. is expected to be $55.7 billion, up five percent […]

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ARA forecasts growth

July 29th, 2019

A five-year forecast from the American Rental Association (ARA) calls for equipment and event rental revenues in North America to surpass $61.3 billion in 2019, including $55.8 billion in the U.S. and $5.3 billion in Canada, up 5.0 percent compared to 2018. Steady growth is expected in each of the successive years of the forecast […]

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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 […]

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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 […]

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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 […]

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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, […]

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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 […]

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Equipment rental forecast strengthens

April 11th, 2017

The American Rental Association (ARA), Moline, Ill., has released a new five-year forecast for equipment rental industry revenues that shows a moderate strengthening compared to the November forecast. ARA now projects U.S. equipment rental revenue will reach $48.9 billion in 2017. It estimates that the industry will grow at an average annual rate of 4.3 […]

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ARA donates to wildfire relief

February 15th, 2017

Responding to the wildfires that ravaged Gatlinburg and parts of Pigeon Forge, Tenn., the American Rental Association (ARA) Foundation and the ARA of Tennessee have joined forces to donate $6,000 to the American Red Cross for relief efforts. The ARA Foundation matched the ARA of Tennessee’s donation of $3,000 through its Matching Funds Program. The […]

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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 […]

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