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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
Lift and shift materials weighing up to 8,920 pounds with the SPYDERCRANE Mini-Crawler. Versatile, flexible and strong, these mini-cranes are an essential tool for any commercial or large-scale indoor or outdoor job. Mounted on a dual track chassis, SPYDERCRANES can fit through single doorways, which allows you to place them in hard to reach locations where large cranes and forklifts can’t go. Excellent for erecting steel or lifting large panes of glass on a construction site.
- Battery, gas-propane, diesel or diesel-battery powered
- 23-, 24-, 52- or 54-inches wide in travel mode
- 22-, 31-, 52-, 54-, 68-foot tip height
- 360-degree continuous rotation
- Audible warning system relays the state of operation the crane is in
- Self-diagnostic computer displays fault codes for quick troubleshooting
- Zero emissions option available
- Automatic throttle advancement
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|MAKE||MODEL||LOAD CAPACITY||POWER||TIP HEIGHT||FOOTPRINT (EXTENDED)||DIMENSIONS (LWH)||WEIGHT||CAT-CLASS|
|SPYDERCRANE||URW094||1,990 lbs||Battery||22'||10.5' x 10.5'||74" x 23" x 51"||2,400 lbs||350-1130|
|SPYDERCRANE||URW095||1,990 lbs||Gas-Propane||31'||12.5' x 12.5'||108" x 24" x 56"||4,300 lbs||350-1145|
|SPYDERCRANE||URW095||1,990 lbs||Battery||31'||12.5' x 12.5'||108" x 24" x 56"||4,300 lbs||350-1150|
|SPYDERCRANE||URW295||6,450 lbs||Battery||31'||12.5' x 12.5'||108" x 24" x 56"||4,300 lbs||350-1205|
|SPYDERCRANE||URW295||6,450 lbs||Gas-Propane||31'||12.5' x 12.5'||108" x 24" x 56"||4,300 lbs||350-1200|
|SPYDERCRANE||URW295||6,450 lbs||Diesel||31'||12.5' x 12.5'||108" x 24" x 56"||4,300 lbs||350-1210|
|SPYDERCRANE||URW205||5,800 lbs||Battery||31'||12.5' x 12.5'||108" x 21" x 55"||4,360 lbs||350-1186|
|SPYDERCRANE||URW306||5,800 lbs||Battery||52'||15' x 14.5'||171" x 51" x 71"||8,760 lbs||350-1225|
|SPYDERCRANE||URW506||5,800 lbs||Diesel||54'||19.5' x 19.5'||195" x 78" x 54"||11,000 lbs||350-1270|
|SPYDERCRANE||URW376||6,680 lbs||Diesel-Battery||52'||15' x 14.5'||171" x 51" x 71"||8,900 lbs||350-1240|
|SPYDERCRANE||URW376T||6,680 lbs||Diesel-Battery||52'||15' x 14.5'||171" x 51" x 71"||8,900 lbs||350-1265|
|SPYDERCRANE||URW547||8,920 lbs||Diesel-Battery||68'||19.5' x 19.5'||195" x 78" x 54"||11,000 lbs||350-1285|