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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
Herc Rentals’ compact, transportable, diesel fuel storage tanks enable keeping a ready fuel supply on hand where and when you need it. These tanks are designed for onsite equipment refueling, backup fuel supply and preventing fuel delivery downtime.
Features and applications include:
- Stackable, with forklift pockets that allow for easy moving and placement
- Capacities ranging from 251-gallons to a massive 2,388-gallons enable users to take advantage of bulk fuel savings
- Available Telematics for fuel level monitoring
- Some tanks feature available 25-foot and 50-foot feed and return hose set for direct fueling
- Ideal for power generators, refueling of job site machinery and vehicles
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|MAKE||MODEL||CAPACITY||DIMENSIONS (LWH)||DRY WEIGHT||WET WEIGHT||CAT CLASS|
|Western Global||10TCG||251 Gal||45.31" x 45.31" x 52.17"||1,131 lbs||3,114 lbs||530-1020|
|Western Global||20TCG||552 Gal||90.31" x 45.35" x 52.13"||1,830 lbs||6,315 lbs||530-1050|
|Western Global||H20ART-EB||523 Gal||164.8" x 85" x 66.5"||2,764 lbs||7,111 lbs||530-1060|
|Western Global||30TCG||787 Gal||91" x 61" x 52"||2,425 lbs||8,721 lbs||530-1070|
|Western Global||50TCG||1,204 Gal||90.87" x 90.87" x 52.13"||3,695 lbs||13,329 lbs||530-1090|
|Western Global||100TCG||2,388 Gal||100.83" x 89.80" x 99.09"||7,432 lbs||26,539 lbs||530-1100|