5 simple tips to help contractors keep rental costs down

Mitchell Keller Managing Editor, American Cranes & Transport

19 March 2024

The US construction rental market is busy, according to data from the US American Rental Association (ARA), with year-over-year growth shattering expectations. But, how can contractors manage rising costs in the US$71.5 billion rental industry?

The rental segment was poised to advance – original expectations from ARA saw 7.6% growth for 2023 and 3.1% for 2024 – but perhaps not this quickly. Adjusted numbers, forecasted last November, showed significant increases: 2023 is expected to see an 11.8% increase for the year and 2024 upgraded to…

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