Tuesday, July 26, 2011
Construction News Headlines for July 26, 2011
United Sets New Q2 Utilization Record; Rental Revs Up 16.4%
United Rentals’ second-quarter financial results showed total revenue of $629 million, a nearly 13% increase over Q2 2010, and rental revenue of $524 million, a 16.4% increase compared the same period last year. The company attributes the rental-revenue increase to 6.1% growth in rental rates and 13.8% growth in volume of equipment on rent. (More at ForConstructionPros.com . . . )
House Appropriations Committee OKs $1
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