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Material handling equipment rental, within the context of leasing, refers to the service industry that provides various types of equipment for temporary use, primarily to customers who require machinery for a limited time or wish to avoid the capital expenditure associated with purchasing. Leasing options typically include both short-term and long-term rentals, catering to different operational needs such as logistics, construction, warehousing, and manufacturing. The equipment catered under this model can range from forklifts, conveyor belts, cranes, to automated guided vehicles and more.
Customers of material handling equipment rental services benefit from the flexibility to scale operations, access to the latest technology without obsolescence risk, and reduced maintenance responsibilities. Rental companies often offer additional services such as equipment delivery, setup, maintenance, and training to support clients' needs. As sustainability and cost-efficiency become increasingly heralded business objectives, leasing material handling equipment continues to be an appealing option for many companies.
Some notable enterprises participating in the material handling equipment rental market include United Rentals, Sunbelt Rentals, H&E Equipment Services, Herc Rentals, and Aggreko. These companies, among others in the sector, maintain a diversified fleet of equipment and offer an array of related services to serve the various requirements of their clients. Show Less Read more