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Dear Colleagues, Customers and Friends,
We have received a few inquiries regarding Hertz Global Holdings’ recent announcement about its financial outlook. We want to make clear that we are two separate and independent public companies.
Since the spin-off in 2016, Herc Holdings Inc., an equipment rental business operating through its Herc Rentals Inc. subsidiary, has been operationally and administratively independent of Hertz. Our companies are governed by different boards of directors and we each operate in different sectors and serve different customers.
Herc Holdings Inc. recently reported first quarter results ending March 31, 2020 and provided an update regarding the impact of the COVID-19 pandemic on operations. Our financial position and balance sheet are strong, and our debt is rated B1 by Moody’s and B+ by S&P. We have ample liquidity of $1.1 billion, and our net debt totaled $2.1 billion with a net leverage ratio of 2.7x.
We are well-financed, we have ample liquidity, and we have the fleet available. We are committed to serving the equipment needs of our customers and our communities safely, efficiently and effectively.
Should you have any questions about our services or equipment for rent, please contact your customer sales representative or call 800-654-6659.
President and Chief Executive Officer
Whether you're moving dirt, rock, landscaping debris or snow, Herc Rentals has the wheel loaders to accomplish the task quickly and precisely. Herc Rentals' fleet consists of nine-wheel loaders and come in a variety of different configurations to meet your needs.
Features and applications include:
- Bucket sizes range from ¾ to 5.5 yards
- 4WD, diesel-powered
- All-weather cab provides high-visibility, operator comfort and low noise
- Forward and rear work lights
- Excellent for construction, landscaping, agricultural, forestry, mining and waste management applications
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|MAKE||MODEL||TRANSMISSION||HORSE POWER||MAX DUMP HEIGHT||TIPPING CAPACITY STRAIGHT/FULL TURN||BREAKOUT FORCE||TRAVEL SPEED||DIMENSIONS (LWH)||WEIGHT||CAT CLASS|
|Volvo||L70H||Powershift||122 hp||9' 2"||21, 320 lbs / 18, 380 lbs||19, 690 lbs||27.5 mph||24' 7'" x8' 1" x 10' 9"||30,220 lbs||265-1310|
|Volvo||L90H||Powershift||137 hp||9' 6"||26, 390 lbs / 22, 590 lbs||31, 510 lbs||27.5 mph||24' 9" x 8' 2" x 10' 9"||33,560 lbs||265-1410|
|Volvo||L110H||Powershift||190 hp||9' 4"||35, 040 lbs / 30, 160 lbs||40, 900 lbs||24.9 mph||26' 4" x 8' 9" x 11' 1"||42,380 lbs||265-1510|