A quarterly recap of retail rental rate trends for the US and Canada, analyzing weekly rates across the 10 most popular equipment sub-types.
The trends and analysis of daily, weekly and monthly retail rental rates:
- Compared to Q4 2021, rental rates are mostly on the rise.
- Rental rates for Telescoping Boom Rough Terrain Lift Trucks saw the largest increase compared to Q4 2021.
- Single Drum Vibratory Compactors and Standard Crawler Dozers experienced year-over-year declines.
- However, Q2 2022 may be the beginning of the end of the dominance of these trends.