Herc

Herc Rentals Recognized Among America’s Climate Leaders 2023

Retrieved on: 
Wednesday, May 24, 2023

Herc Holdings, Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., has been included on USA TODAY’s list of America’s Climate Leaders 2023.

Key Points: 
  • Herc Holdings, Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., has been included on USA TODAY’s list of America’s Climate Leaders 2023.
  • To be considered for inclusion on the list, companies must have reported $50 million or more in revenue in 2021 and met emission data reporting criteria.
  • “A focal point of our sustainability efforts is reducing our greenhouse gas emissions and, since 2019, we have reduced Scope 1 and 2 GHG emissions intensity by 17%,” said Herc Rentals President and CEO Larry Silber.
  • “Our recognition as one of America’s Climate Leaders for 2023 reflects the progress we are making on our sustainability initiatives and our continued efforts to reduce the environmental impacts of our business activities.”
    Herc Rentals’ ESG strategy and sustainability goals can be viewed here: https://ir.hercrentals.com/sustainability
    To view the list of America’s Climate Leaders 2023, visit www.usatoday.com

Herc Rentals Publishes 2023 Corporate Citizenship Report

Retrieved on: 
Tuesday, May 16, 2023

Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today released its 2023 Corporate Citizenship Report, highlighting the company’s progress on its Environmental, Social and Governance (ESG) strategy.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI) (“Herc Holdings” or “the Company”), a leader in the equipment rental industry, today released its 2023 Corporate Citizenship Report, highlighting the company’s progress on its Environmental, Social and Governance (ESG) strategy.
  • The report demonstrates Herc Rentals’ commitment to responsible ESG operating practices built upon a strong cultural foundation, a safety-first protocol, and a target-based approach to reducing the environmental impacts of its business activities.
  • This commitment is evident throughout our business.”
    Key highlights detailed in Herc Rentals’ 2023 Corporate Citizenship Report include:
    Reduced Scope 1 and 2 greenhouse gas (GHG) emissions intensity by 17% from 2019 baseline, achieving 70% of the company’s goal of a 25% reduction by 2030.
  • To view the 2023 Corporate Citizenship Report and learn more about Herc Rentals’ ESG strategy, visit https://ir.hercrentals.com/sustainability

Kiloutou Germany joins SmartEquip Network to boost equipment lifecycle efficiencies

Retrieved on: 
Tuesday, May 2, 2023

NORWALK, Conn., May 2, 2023 /PRNewswire/ - SmartEquip, a leading provider of equipment service and parts procurement solutions, is proud to announce the addition of Kiloutou Germany, a major subsidiary of Europe's third-largest generalist equipment rental company, Kiloutou Group, to its global network.

Key Points: 
  • NORWALK, Conn., May 2, 2023 /PRNewswire/ - SmartEquip, a leading provider of equipment service and parts procurement solutions, is proud to announce the addition of Kiloutou Germany, a major subsidiary of Europe's third-largest generalist equipment rental company, Kiloutou Group, to its global network.
  • "We are thrilled to have Kiloutou Germany join the SmartEquip Network and eagerly anticipate collaborating to generate equipment lifecycle efficiencies for the company," says Alex Schuessler, SmartEquip's founder and president of its international group.
  • By joining the SmartEquip Network, Kiloutou Germany will benefit from improved service technician time savings, streamlined spare part procurement processes, and increased equipment uptime.
  • "SmartEquip's platform is a natural fit with Kiloutou Germany's ongoing digital transformation initiatives," says Nils Altrogge, CEO at Kiloutou Germany.

Herc Holdings Reports Record Full Year 2022 Results and Announces 2023 Full Year Guidance

Retrieved on: 
Tuesday, February 14, 2023

Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2022.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter and full year ended December 31, 2022.
  • "From beginning to end, 2022 was an exceptionally strong year for us, with record performance across key financial metrics," said Larry Silber, president and chief executive officer.
  • Silber continued, "The impressive progress we're making is a direct result of the dedication and relentless execution of the entire Herc team.
  • Dollar utilization increased to a record 43.3% compared to 43.0% in the prior-year period primarily due to increased volume and rate.

Herc Holdings Inc. Announces Quarterly Dividend of $0.575 per share

Retrieved on: 
Friday, December 2, 2022

The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on December 12, 2022, with a payment date of December 27, 2022.

Key Points: 
  • The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on December 12, 2022, with a payment date of December 27, 2022.
  • Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 350 locations in North America.
  • With over 57 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent.
  • All references to Herc Holdings or the Company in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated.

Herc Rentals Awarded Military Friendly® Top 10 Employer Distinction and Gold Designation

Retrieved on: 
Monday, November 14, 2022

This is the companys eighth consecutive year of receiving a Military Friendly Employer designation, and first as Gold status.

Key Points: 
  • This is the companys eighth consecutive year of receiving a Military Friendly Employer designation, and first as Gold status.
  • Military Friendly distinctions are awarded to organizations investing in programs to improve the lives of veterans.
  • The elite Military Friendly Top 10 ranking is earned by leading organizations active commitment, effort, and success in creating sustainable and meaningful benefits for the military community.
  • Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with 351 locations in North America.

Herc Holdings to Participate in Baird Global Industrial Conference on Thursday, November 10, 2022

Retrieved on: 
Thursday, November 3, 2022

Herc Holdings Inc. (NYSE: HRI) today announced that its senior management will participate in the Baird Global Industrial Conference in Chicago, Illinois on Thursday, November 10, 2022.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI) today announced that its senior management will participate in the Baird Global Industrial Conference in Chicago, Illinois on Thursday, November 10, 2022.
  • Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with more than 350 locations in North America.
  • All references to Herc Holdings or the Company in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated.
  • For more information on Herc Holdings and its products and services, visit: www.HercRentals.com .

Leslie Hunziker Joins Herc Rentals as Senior Vice President, Investor Relations and Communications

Retrieved on: 
Friday, October 21, 2022

Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., today announced that Leslie Hunziker has joined the company as senior vice president, investor relations and communications.

Key Points: 
  • Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating through Herc Rentals Inc., today announced that Leslie Hunziker has joined the company as senior vice president, investor relations and communications.
  • She will succeed Elizabeth Higashi, vice president, investor relations and sustainability, and Paul Dickard, vice president, communications, who will transition their duties in phases prior to their planned retirements in late 2023.
  • Hunziker was most recently senior vice president, investor relations and communications, for Wesco International Inc., a Fortune 500 company headquartered in Pittsburgh, PA.
  • Prior to that, for 12 years she was senior vice president, investor relations, communications and ESG, for Hertz Global Holdings.

Hunter Street Completes Sale of Equipment Rental Locations in South Florida

Retrieved on: 
Wednesday, October 12, 2022

MINNEAPOLIS, Oct. 12, 2022 /PRNewswire/ -- Hunter Street , aMinneapolis-based alternative investment management firm, is pleased to announce it has sold its All-Star Rents ("All-Star") platform focused on the sale, rental, and servicing of light equipment to HercRentals ("Herc"), a leading equipment rental supplier with 333 locations in North America.

Key Points: 
  • MINNEAPOLIS, Oct. 12, 2022 /PRNewswire/ -- Hunter Street , aMinneapolis-based alternative investment management firm, is pleased to announce it has sold its All-Star Rents ("All-Star") platform focused on the sale, rental, and servicing of light equipment to HercRentals ("Herc"), a leading equipment rental supplier with 333 locations in North America.
  • The initial acquisition in September 2020 of All-Star and launch of the equipment rental investment platform grew from a single-site operator to three locations in central and south Florida: Sarasota, Orlando, and Naples.
  • Andrew Platt, Partner at Hunter Street, said: "We are incredibly proud of the growth at All-Star and were pleased to see the strong interest from the Herc team in adding All-Star's equipment rental locations to their platform.
  • Learn more about Hunter Street at www.hunterst.com
    HercRentals is a premier, full-service equipment rental company providing customers the equipment, services, and solutions they need to achieve optimal performance safely, efficiently, and effectively.

Herc Holdings Announces Third Quarter 2022 Earnings Call and Webcast Date

Retrieved on: 
Thursday, September 29, 2022

Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 350 locations in North America.

Key Points: 
  • Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 350 locations in North America.
  • With over 57 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent.
  • All references to Herc Holdings or the Company in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated.
  • For more information on Herc Holdings and its products and services, visit: www.HercRentals.com .