Equipment Rental Industry: A Look at BigRentz

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Telehandler rental BigRentz

Telehandler Rental BigRentz, an online rental marketplace worldwide, has been revolutionizing the construction industry since its beginning in 2012. The company provides an efficient platform for contractors to rent heavy equipment and machinery from rental houses across the United States. With over 8,000 rental partners, Telehandler Rental BigRentz is changing how businesses come to construction equipment rentals.

This article will explore how Telehandler Rental BigRentz makes renting fast and easy for contractors while helping rental houses increase profitability. We will also discuss the benefits of using this platform and how it has helped the construction industry facilitate its rental process. 

More About Telehandler Rental BigRentz: Locations And Services 

Telehandler Rental BigRentz is a national online rental marketplace that offers a vast list of heavy equipment and machinery rentals for construction and industrial applications.

With rental partners in over 8,000 locations across the United States, Telehandler Rental BigRentz is making it easier and faster for contractors to find the tools they need for their projects.

Whether a contractor needs to rent a backhoe in California, a bulldozer in Texas, or a scissor lift in New York, BigRentz has a vast network of rental houses to select from.

BigRentz’s rental platform is its website, which allows contractors to browse and compare equipment rentals quickly and efficiently.

The website features a user-friendly interface with an easy-to-use search tool enabling users to filter equipment rentals by location, equipment type, and rental period.

The website also provides detailed information about each rental, including specifications, rates, and availability.

BigRentz has a message for contractors: “We feel your pain.” The company understands contractors’ challenges in the rental process, from limited equipment availability to high rental costs.

Telehandler Rental BigRentz is dedicated to providing contractors with the best rental experience possible. The company offers flexible rental periods, pricing, and trustworthy equipment.

By providing an efficient and easy rental experience, BigRentz is helping contractors do their jobs more effectively and efficiently.

Moreover, BigRentz is changing the game in the heavy equipment rental industry.

With its vast network of rental partners and user-friendly rental platform, the company is making it easier for contractors to find the necessary equipment, regardless of location.

Furthermore, BigRentz is dedicated to helping rental houses increase their profitability by providing them with a more extensive customer base and streamlining their rental process.

So, whether you’re a contractor or a rental home, Telehandler Rental BigRentz has something to offer.

The Customer Portal Tracks Each Step of the Rental

In addition to its vast rental network and user-friendly website, Telehandler Rental BigRentz also offers a customer portal that follows each step of the rental process.

This portal provides real-time updates on the rental status, from equipment availability to delivery and pickup times. Contractors can access the portal from any device, making it easy to stay updated on their rentals.

The customer portal also provides contractors with a precise location for rental documents, including invoices and contracts.

This feature stops the need for contractors to keep track of paper documents, making the rental process more efficient and reducing the risk of lost or misplaced documents.

BigRentz offers contractors a more transparent rental experience by providing a customer portal. With real-time updates and documents, contractors can stay informed and organized throughout the rental process.

Moreover, the customer portal helps Telehandler Rental BigRentz maintain high customer service, ensuring contractors receive the support they need to complete their jobs.

QuickRentz Fulfils Orders Quickly

In addition to its rental network, customer portal, and website. Telehandler Rental BigRentz offers QuickRentz, a feature that quickly completes orders.

QuickRentz is ideal for contractors who need equipment quickly, allowing them to receive their rental equipment within hours of placing an order.

To use QuickRentz, contractors enter their location and equipment needs into the BigRentz website. From there, BigRentz will match the contractor with the nearest equipment and deliver it to their site within hours.

By offering QuickRentz, Telehandler Rental BigRentz provides contractors with flexibility that is different from the industry.

Whether a contractor needs equipment at the last minute or has a sudden change in equipment needs, QuickRentz makes it easy to get the equipment they need when needed.

This feature saves contractors time and money, enabling them to focus on their projects and confidently meet their deadlines.

Sharing Data With Suppliers

Telehandler Rental BigRentz also provides suppliers access to rental data, allowing them to optimize their inventory and improve their operations.

This data-sharing feature benefits suppliers and contractors, allowing them to understand better which equipment is in high demand and maintain their list accordingly.

Through the BigRentz supplier portal, suppliers can access real-time data on rental orders, equipment availability, and customer feedback.

This information can be used to make informed decisions about purchasing new equipment, retiring old equipment, and adjusting rental rates.

BigRentz creates a more efficient and transparent rental marketplace by sharing rental data with suppliers.

This benefits contractor by ensuring that the equipment they need is readily available and in good condition while also benefiting suppliers by helping them make informed decisions about their inventory and pricing.

Moreover, Telehandler Rental BigRentz is revolutionizing the equipment rental industry by providing a range of innovative features and services that make renting equipment faster, easier, and more cost-effective for contractors and rental houses.

Supply-side Relationships

Telehandler Rental BigRentz focuses on developing solid relationships with its suppliers, realizing that their success is vital to the success of the entire rental marketplace.

The company partners with many suppliers, from large national chains to small, locally-owned businesses, to ensure its access to a diverse, high-quality equipment inventory.

BigRentz provides real-time data on equipment availability, rental orders, and customer feedback through its supplier portal, allowing them to make informed decisions about their products and pricing.

The company also offers flexible payment options for suppliers, including guaranteed payment within 14 days of rental completion, helping to ease cash flow concerns and improve financial stability.

Telehandler Rental BigRentz’s focus on developing solid relationships with its suppliers helps ensure contractors have access to the necessary equipment while supporting the supplier community’s growth and success.

6 Predictions for the Future of Construction Equipment Rental

The construction equipment rental industry is at the point of some significant changes caused by technological advancements and changing customer expectations. Here are six predictions for the future of equipment rental:

Complete Digitization

The digitization of equipment rental is already underway, with many rental companies offering online booking and payment options.

In the future, we can expect to see even more automation, with rental companies using artificial intelligence and machine learning to optimize their stock management and pricing strategies.

This will allow them to offer more efficient services to their customers. 

Moreover, digitization can also help rental companies keep a better way of their equipment by using GPS and other sensors to monitor its location, usage, and performance.

A few stats: 

Telehandler Rental BigRentz, a leading online equipment rental marketplace, has been at the forefront of the digitalization of the equipment rental industry. Here are a few statistics that highlight their success:

● Telehandler Rental BigRentz has over 1,500 rental partners and offers over 70,000 pieces of equipment, making it one of the largest equipment rental marketplaces in the world.

● In 2020, BigRentz reported record revenue growth of 36% year-over-year, despite the challenges of the COVID-19 pandemic.

● BigRentz has invested heavily in its technology platform, with a proprietary software system that allows for real-time inventory management and pricing optimization.

● BigRentz also offers a mobile app that allows customers to browse and book equipment on the go, track the status of their rentals and manage their accounts.

Telematics Adoption

Telematics technology is already used in many industries, including rental construction equipment.

By collecting data on equipment usage and performance, rental companies can improve their maintenance programs, reduce downtime, and improve safety.

In the future, we expect to see more sophisticated telematics systems that use machine learning methods to predict equipment failures and optimize maintenance schedules. 

By adopting telematics, rental companies can also offer their customers real-time data and insights into the performance of their equipment, allowing them to make better decisions about how to use it.

Several telematics solutions have been introduced in the last year to assist rental companies in maximizing asset utilization and uptime, such as Genie Lift Connect, SkyJack Elevate, and JLG ClearSky. 

It is worth noting that the benefits of telematics data are not limited to national rental companies.

Bob Kendall, Star Rentals’ President, certified the fact that his company was able to transition from zero to full implementation of telematics data into their operations, thus enabling more innovative management.

This highlights how rental companies of all sizes can leverage telematics data to improve their fleet management practices.

AR/VR for Training

Increased and virtual reality technologies are transforming the way construction workers are trained, and equipment rental is no exception.

Trainees can learn how to operate equipment more effectively and safely by simulating real-world scenarios in a safe and controlled environment. 

In the future, we expect to see even more refined AR/VR training programs that use data analytics and machine learning to personalize the training experience and improve learning outcomes.

According to Anderson, with the new ANSI standards, it’s going to be necessary for MEWP operators to experience training.

Fortunately, Augmented Reality and Virtual Reality are becoming more popular in the industry and are quickly transforming the way training is conducted.

For instance, Serious Labs, in partnership with Skyjack and Nationwide Platforms, has introduced the MEWP VR Simulator, which is a virtual aerial operator training solution that caters to the rental industry.

This simulator enables trainers to disclose trainees to risky situations in a safe manner to improve their safety skills without any physical harm.  

Semi-Autonomous Equipment

Semi-autonomous equipment, such as excavators and bulldozers, are already in use on some construction sites. These machines are able to operate with minimal human intervention, reducing the risk of accidents and improving efficiency.

In the future, we can expect to see even more sophisticated semi-autonomous equipment that can work collaboratively with human operators, enabling them to work more safely and efficiently. 

Moreover, semi-autonomous technology can reduce the amount of labour required for specific tasks, which can result in cost savings for rental companies.

As this technology continues to grow, more rental companies will likely begin to adopt semi-autonomous equipment to improve safety and efficiency on job sites.

According to Anderson, the incorporation of autonomous loading and unloading functionalities improves safety on sites and rental yards, making it more likely for rental companies to embrace autonomy for these specific use cases.

In fact, several major equipment rental companies have already started to adopt autonomous equipment solutions.

For example, Sunstate recently partnered with Built Robotics to test its autonomous equipment offerings with its customers over the next year.

This shows the growing trend towards combining autonomy in equipment rental operations to improve safety and efficiency, and it is likely that more companies will follow suit in the coming years.

More Telehandlers

Telehandlers, universal machines that can lift and move heavy loads, are becoming more popular in construction projects. Their ability to perform multiple tasks, such as digging, lifting, and moving, makes them an attractive option for contractors.

In the future, we hope to see even more advanced telehandlers supplied with sensors and control systems, making them even more versatile and efficient.

Based on a report by GlobalNewsWire, the telehandler market was launched to experience a growth rate of 5% between 2019 and 2029, with a market size predicted to reach $4 billion in 2019.

This trend towards telehandlers is essential and could mean those equipment rental companies, especially those operating independently, focus on equipment that offers greater utility instead of specialization to do more with less.

According to Anderson, independent rental companies are showing impressive growth, with companies such as Lizzy Lift in Chicago reporting a 53% increase in rentals, Cooper Equipment Rentals with a 37% increase, and Battlefield Equipment Rentals with an 11% increase, to name a few.

While some OEMs, like Snorkel, are limiting their focus to independent rental companies, most of the $55 billion heavy equipment rental industry comprises independent companies.

As a result, independent rental companies need to find ways to remain competitive with national rental companies continuously.

Fully Electric & Hybrid Fleets

As the push towards sustainability grows, rental companies are increasingly taking fully electric and hybrid fleets.

These vehicles are more environmentally friendly and can reduce fuel costs, making them an attractive option for rental companies and customers.

In the future, we can expect to see even more advanced electric and hybrid vehicles that are provided with longer-lasting batteries and more efficient powertrains, making them even more useful for use in the construction industry.

As per Anderson, Original Equipment Manufacturers (OEMs) in the construction equipment rental industry are focusing on smaller, more compact equipment instead of larger ones.

This is evident in the recent product releases by MEC, Snorkel, Genie, and Hy-Brid, where they have introduced smaller lift options, such as the 13-foot lift and push-around, as a replacement for ladders.

It is clear that OEMs are not attempting to reinvent the wheel about the direct offerings of boom lifts and scissors. Instead, they are seeking to introduce cleaner and more close options to meet the changing needs of the industry.

By prioritizing these factors, OEMs can remain competitive and provide rental companies with innovative equipment that is both efficient and cost-effective.

Telehandler Rental BigRentz Key Takeaways

Telehandler rental BigRentz
  • BigRentz is an online rental marketplace for heavy equipment and machinery rentals for construction and industrial applications.
  • They have rental partners in over 8,000 locations across the United States.
  • The platform makes it easier and faster for contractors to find the tools they need for their projects.
  • BigRentz provides a customer portal that tracks each step of the rental process.
  • QuickRentz allows contractors to receive their rental equipment within hours of placing an order.
  • They offer data-sharing features that benefit suppliers and contractors, allowing them to make informed decisions about purchasing new equipment, retiring old equipment, and adjusting rental rates.
  • The company focuses on developing solid relationships with its suppliers.
  • They are revolutionizing the equipment rental industry by providing innovative features and services that make renting equipment faster, easier, and more cost-effective.
  • The construction equipment rental industry is undergoing significant changes driven by technological advancements and customer expectations. Here are six predictions for the future of equipment rental:
  • Digitization: Rental companies will increasingly use artificial intelligence and machine learning to optimize their stock management and pricing strategies.
  • Telematics: More sophisticated telematics systems will predict equipment failures and optimize maintenance schedules.
  • AR/VR for Training: Augmented and virtual reality will personalize the training experience and improve learning outcomes.
  • Semi-Autonomous Equipment: Equipment will become more sophisticated, and autonomous loading and unloading functionalities will improve safety.
  • Telehandlers: These machines will become even more versatile and efficient with sensors and control systems, allowing them to perform multiple tasks.
  • Independent Rental Companies: They will focus on equipment that offers more excellent utility instead of specialization, allowing them to do more with less.

Some FAQs

Q: Who owns BigRentz?

A: Telehandler Rental BigRentz was established in March 2012 by a team of co-founders that included Stephen Jesson, Dallas Imbimbo, and Nick Kovacevich.

Q: Who is the most significant equipment rental company?

A: United Rentals is currently the largest equipment rental company in the world, with a market share of around 13%. 

Q: What is the revenue of BigRentz?

A: Telehandler Rental BigRentz does not disclose its revenue publicly. However, the company has experienced rapid growth in recent years, expanding its reach and increasing its inventory of rental equipment. In 2019, Telehandler Rental BigRentz was named to the Inc. 5000 list of fastest-growing private companies in the United States.

Conclusion

In conclusion, Telehandler Rental BigRentz is an online rental marketplace offering a wide range of rental equipment across multiple industries. The company has established a reputation for providing fast, reliable, and high-quality services that are specifically made to meet the unique needs of contractors and rental houses.

With an extensive inventory of equipment, a user-friendly website, and a dedicated customer service team, BigRentz is well-positioned to continue its rapid growth in the equipment rental market. As the industry continues to grow and develop, Telehandler Rental BigRentz will remain in the front of innovation and excellence, providing contractors and rental houses with the tools they need to succeed.

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