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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
Designed for long days on construction sites, the lumber yard and many other outdoor applications, Herc Rentals’ mid capacity forklifts offer the power, durability, tight turning radius and operator-centric technologies that make these a workhorse you can bet on day in and day out.
• Dash-mounted instrument display
• Neutral start safety switch
• Operator presence sensing system
• System of active stability
• Available telematics for fuel level monitoring
• Available 25 ft and 50 ft feed and return hose set for direct fueling
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|MAKE||MODEL||LOAD CAPACITY||FORK LENGTH||MAX FOR HEIGHT||MAST LOWERED HEIGHT||OPERATING WEIGHT||TRAVEL SPEED W/ FULL LOAD||POWER TYPE||MIN AISLE WIDTH||DIMENSIONS (LWH)||CAT-CLASS|
|Toyota||8FGU30||6,000 lbs||42"||240” 4 Stage Mast||84.8"||10,850 lbs||11.2 mph||Dual Fuel - Gas or LP||13.5'||**110.5”* x 48.8” x 85.5”||450-2240|
|Toyota||8FG35U||8,000 lbs||42"||187” 3 Stage Mast||90.2"||12,640 lbs||13.7 mph||Dual Fuel - Gas or LP||14'||**116.3”* x 53.1” x 90.2”||450-2270|
|Toyota||8FD35U||8,000 lbs||42"||187” 3 Stage Mast||90.2"||12,820 lbs||13.1 mph||Diesel||14'||**116.3”* x 53.1” x 90.2”||450-2260|
|Toyota||8FG45U||10,000 lbs||60"||187” 3 Stage Mast||92.5"||14,650 lbs||13.7 mph||Dual Fuel - Gas or LP||16'||**123.6”* x 57.1” x 92.5”||450-2320|
|Toyota||8FD45U||10,000 lbs||60"||187” 3 Stage Mast||92.5"||14,650 lbs||13.1 mph||Diesel||16'||**123.6”* x 57.1” x 92.5”||450-2310|