Much of the UK's plant hire industry is acting like a bunch of lemmings heading towards a cliff, according to Hugh Edeleanu, chairman of HE Services (Plant Hire), which has the UK's biggest excavator fleet.
He believes hire rates are currently 'suicidal' especially as plant manufacturers are seeing backlogs building up and increasing prices due to the falling value of Sterling and the implementation of Stage 3B emission regulations. "Some manufacturers can't quote for 2011 deliveries and where
No comments:
Post a Comment