In our Q3 Rental Rate Report, we review trends and analyze weekly rates for the US and Canada, influenced by the latest dynamic changes in the construction equipment marketplace. Q3 Report Highlights:
- For the first time since Q1 2020, all average rental rates increased.
- Most equipment types saw quarter-over-quarter weekly rental rate increases of less than two percent, but single drum vibratory compactors and crawler mounted compact excavators both saw increases above three percent.
- All 11 U.S. regions saw quarter-over-quarter increases in their weekly rental rates.
A full analysis of the rate increase drivers is included in the report. DOWNLOAD FULL REPORT>>