Equipment Rental Prices Expected to Continue to Rise — But Not as Much

By Ryan Whisner | www.equipmentworld.com Most equipment rental companies anticipate 2023 to continue the strength shown in 2022, amid the market volatility. According to the American Rental Association (ARA), the U.S. equipment rental revenue surpassed pre-pandemic highs in 2022, with a 13.5% year-over-year increase totaling $56.1 billion. This compared to an 11% growth in 2022, which ended at $55.8 billion. READ FULL ARTICLE>