Rental Update

A quarterly recap of retail rental rate trends for the US and Canada, analyzing weekly rates across the 10 most popular equipment sub-types.

q2 2022 rentsl rate report from EquipmentWatch

Highlights

EquipmentWatch has just released the Q2 Rental Update. Rates increased across the board, with a couple of exceptions. Here are some notable highlights:

  • Crawler Mounted Hydraulic Excavators saw the largest increase in weekly rental rates, followed by Telescoping Boom Rough Terrain Lift Trucks and Electric Self-Propelled Scissor Lifts.
  • Rates for I.C. Pneumatic Tire Lift Trucks were the only rates to decrease daily, weekly, and monthly.
  • Only two out of the ten regions tracked saw decreases in weekly rental rates compared to the previous quarter.
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