A lawsuit filed in Chicago federal court claims that construction equipment giant United Rentals and four rivals conspired with a data services platform to fix prices, causing thousands of businesses to overpay for excavators, cranes and other vehicles.
Strengthening focus from new machinery sales to the localization of parts and service support to rapidly respond to the needs of dealers and customers in Latin America
A month after news broke that United Rentals would acquire H&E Rentals in a $4.8 billion deal, Herc Rentals has swooped in with a higher offer to acquire H&E Rentals.
Jan 14 (Reuters) – United Rentals (URI.N) said on Tuesday it would acquire smaller rival H&E Equipment Services (HEES.O) in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals in more markets within the United States.
Written by: James Waite, Esq. and Rene Del Barco
Volvo CE reported a notable drop in North America net sales and net order intake for its third quarter of 2024. Sales in North America for the quarter came in at $476 million, down 34% from the $726 million Volvo saw in last year’s third quarter.