Custom Truck One Source looks set to benefit from the long wave of power-grid upgrades and electrification, which keeps its specialized rental equipment in steady demand. But the story hinges on keeping debt under control and protecting profits as orders shift, costs rise, and rules around emissions and trade remain uncertain.Read more
Custom Truck One Source sits in the middle of the push to upgrade power grids and build out modern communications networks, which could keep demand strong for its specialized rental gear and custom-built trucks. But big regulatory shifts, heavy debt, and tougher competition could quickly change the story for this infrastructure supplier.Read more
Custom Truck One Source faces a growing challenge as cleaner, newer vehicle technology and tighter pollution rules threaten to make parts of its diesel-heavy fleet less useful and more costly to run. At the same time, strong demand from utilities and supportive policy could keep orders and cash coming in, setting up a real tug-of-war for the business.Read more
No trending discussion available.
Custom Truck One Source, Inc. provides specialty equipment rental and sale services to electric utility transmission and distribution, telecommunications, rail, forestry, waste management, and other infrastructure-related industries in the United States and Canada. It operates through two segments: Specialty Equipment Rentals (SER); and Specialty Truck Equipment and Manufacturing (STEM). The company owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. It offers new equipment for sale to be used for end-markets, which can be modified to meet customers specific needs. In addition, the company provides truck and equipment maintenance and repair services; and rents and sells specialized tools, including stringing blocks, insulated hot stick, and rigging equipment, as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. The company was founded in 1988 and is headquartered in Kansas City, Missouri.
