Some of the biggest problems running a Heavy Equipment Rental Business

Some of the biggest problems running a Heavy Equipment Rental Business

Equipment Rental Forecast for 2014

Equipment Rental Forecast for 2014

With the New Year now here, people want to know what is in store for the "equipment rental industry" in 2014. Unfortunately we do not have crystal ball but we can make a few predictions based on how 2013 ended and where the industries' trends have been headed.

Top Heavy Equipment Rental Trends to watch for in 2014

1. The market for small mobile machines such as skid-steer loaders and compact excavators will continue to grow much as it did last year. 
2. Road construction will continue to remain flat in 2014
3. Look to see more package deliveries. Rental equipment will be brought to the consumer's front door step for convenience
4. Section 179 could eliminate some tax perks for construction workers. In turn, this could lead to less equipment rental

In conclusion, it is safe to 2014 has a lot of potential for success and disaster. The section 179 ruling by the government will have a significant impact on the industry, as will storms and disasters. While natural disaster such as tornados or hurricanes are very dangerous, clean up efforts call for heavy equipment rentals. These rentals are great for rebuilding projects and the industry itself. 


By Jordan Cahill