CRA’s 4th Wednesday Rental Workshop will return via Zoom on February 26, 2025, from 2:30-4 p.m.

CYRP and Peter Sloan will be hosting this month’s workshop: HR Solutions Lab: Critical Employment Issues & People Centered-Practices

     Presented by California Young Rental Professionals and Peter Sloan, HR Solutions Lab focuses on addressing critical employment issues while promoting people-centered practices. By combining expertise in human resources with innovative solutions, it helps organizations navigate complex challenges and foster a supportive work environment. Their approach prioritizes the well-being and growth of employees, ensuring a balanced and effective workforce that drives organizational success.
     Training for the FREE MEMBER BENEFIT runs an hour. Participants have a chance to win a $50 Amazon gift card during the drawing held at the end of the workshop.

Congratulations to both Michael Roth, winner of the Gartland/Blackwell Award, and to Dave Dworschak, winner of the W.E. "Bud" Loeber Award. The awards were presented at the January Rental Rally, during the Tuesday night TopGolf event.

 

We were privileged to have Mr. Grasse’s family in attendance to accept the award in his honor.

 

     • Don Shulz, who served on the Board of Directors from 2021 to 2023.
     • Rusty Parr, who served as Chairman of the Board from 2022 to 2024.
     • Ryan Leis, who served as the President from 2022 to 2024.
     • Kathryn de Vries, who served as Vice President from 2022 to 2024.
     • Matt Weist, who served Treasure from 2022 to 2024.

Thank you to these officers for their service!

As the insurance industry continues to navigate the complexities of the modern legal landscape, trade associations are gearing up to make a significant push in 2025 to mitigate the impact of third-party litigation funding (TPLF). This funding mechanism, which involves external investors financing litigation in exchange for a share of the proceeds, has been a growing concern for insurers due to its potential to drive up litigation costs and distort the legal system.

 

The Growing Concern:
Third-party litigation funding has seen a surge in recent years, particularly in intellectual property and commercial litigation. This trend has raised alarms within the insurance industry, as it can lead to increased litigation costs, prolonged legal battles, and inflated settlement demands. Insurers argue that TPLF introduces a profit motive that can overshadow the pursuit of truth and justice, ultimately affecting the fairness of the legal system.

From a December 3, 2024 post on TrendLens Market Insights on LinkedIn.com: 
     

The Equipment Rental Market size was valued at USD 120 Billion in 2022 and is projected to reach USD 200 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
     The equipment rental market has seen significant growth in recent years, driven by the increasing demand for cost-effective solutions across various industries. From construction and mining to healthcare and events management, renting equipment offers businesses the flexibility to access high-quality tools and machinery without the upfront capital investment. This article delves into how different sectors are utilizing rental services and the rising demands that shape this evolving market.

 

Future Scope of the Equipment Rental Market
     The Equipment Rental market has a lot of room to grow thanks to changing regulations, rising consumer demand, and technology developments. Innovation in product offerings and digital transformation are anticipated to influence the market's growth as it matures. Demand is probably going to be driven by growing interest in eco-friendly and sustainable solutions, particularly in industries like manufacturing and healthcare. Furthermore, France's aging population and declining labor force might encourage automation and AI-powered technology in a variety of sectors. Rising disposable incomes and consumer preferences for quality over quantity are expected to drive a shift in sales ratios toward higher-value, premium products. Growth prospects will be further improved by government programs encouraging industry modernization and international trade alliances. However, market dynamics may be impacted by strict restrictions and competitive pressures.

 

On Thursday, February 27, 2025, the Little Hoover Commission (www.lhc.ca.gov) will conduct a virtual public hearing on California's electricity costs at 10 a.m. The hearing will be conducted via Zoom and will also be accessible at 925 L Street, Suite 175, Sacramento, CA 95814. No Commissioners will be present at this location.

 

The following Commissioners will attend the hearing remotely: Pedro Nava, Anthony Cannella, Dion Aroner, David Beier, Senator Christopher Cabaldon, Assemblymember Phillip Chen, Gil Garcetti, José Atilio Hernández, Jason Johnson, Gayle Miller, Assemblymember Liz Ortega, and Janna Sidley.

 

Members of the public can attend the hearing in person or listen to the hearing by joining online or by phone. Click the URL to join online: https://bit.ly/40qBGwU. To join via phone, call toll-free from the U.S. by dialing (888) 788-0099. The webinar ID is 978 1425 3556. The passcode is 629825. We highly recommend members of the public access the hearing through the Zoom app. Please visit the Zoom website for instructions on how to download the Zoom app onto a computer or smartphone.

Public comments will be heard at the end of the public hearing and will be limited to three minutes per speaker and to a total of 30 minutes. Remote attendees may indicate to staff that they wish to make public comment by using the “raise” hand feature in Zoom or sending an email to littlehoover@lhc.ca.gov with your question and the phone number from which you have joined the hearing.

 

Agenda items may be taken out of order to accommodate speakers and to maintain a quorum. The hearing may be canceled without notice.

 

AGENDA:
Hearing on California Electricity Costs
10 a.m.
Thursday, February 27, 2025

 

Join Online or By Phone Via Zoom
Online: https://bit.ly/40qBGwU
Phone: (888) 788-0099
Webinar ID: 978 1425 3556
Password: 629825

 

Join In Person:
925 L Street, Room 175
Sacramento, CA 95814

 

Testimony on California Electricity Costs
Public Comment (3 minutes per speaker, limited to 30 minutes total)

Contact Jeff, Katie, and Connie with questions or ideas for the continued growth of our association. Visit the CRA website at www.calrental.org and see the opportunities available to help sustain and grow your business. Stay engaged with CRA!

 

Cell: (909) 821-5998

Jeff.Roberts@calrental.org 

 

Katie.Marrs@calrental.org 

 

Connie.Roberts@calrental.org 

 

Address: P.O. Box 757, Upland, CA 91785

Phone Number: (800) 272-7400