United Rentals Launches New Excavation Safety Training Program

Rhea-AI Summary

United Rentals (NYSE: URI) has launched a new Excavation Safety Training for Competent Persons Program, offering an interactive approach to trench and excavation safety education. The program helps workers understand and apply OSHA Standard 29 CFR Part 1926 Subpart P through multiple learning formats including in-person classes, virtual sessions, and e-learning.

The training features virtual reality simulations, hazard hunts, and includes the United Rentals Trench Safety app. With over 92 trench safety locations and North America's largest shoring equipment fleet, United Rentals provides comprehensive underground solutions, OSHA-compliant protective systems, and consultation services for construction companies.

Positive

• Expansion of service offerings with new interactive training program
• Market leadership position with 92 trench safety locations across North America
• Largest shoring and underground excavation rental equipment fleet in North America
• Multi-platform delivery capability (in-person, virtual, e-learning)

Negative

• None.

Insights

Tech Expert

The launch of United Rentals' enhanced Excavation Safety Training program represents an incremental operational improvement rather than a significant financial catalyst. While the program incorporates modern training elements like VR simulations and mobile apps, it's primarily an extension of existing safety services. The program may help maintain URI's market leadership in trench safety solutions and potentially reduce liability risks, but is unlikely to materially impact revenue or stock performance.

The integration with United Academy and expansion across 92 trench safety locations could drive modest growth in the training segment, but this represents a small portion of URI's $49.7B market cap. The focus on compliance with OSHA standards and improved jobsite safety is operationally sound but falls into routine business development rather than a market-moving initiative.

Interactive Training Course Transforms How Workers Learn Regulations and Safe Practices for Trench and Excavation Projects

STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, has launched its Excavation Safety Training for Competent Persons Program, offering an interactive approach to teaching trench and excavation safety. Designed to enhance compliance and productivity, the program has engaging activities for the learner to apply their knowledge in key areas tailored to one of most hazardous tasks in construction.

The training helps competent persons—those overseeing excavation safety—along with employers and workers, understand and apply OSHA Standard 29 CFR Part 1926 Subpart P. It goes beyond the basics, covering topics such as soil evaluation, protective systems, and interpretations of safety standards.

Available through United Academy^®, the program offers flexible formats, including in-person classes, virtual instructor-led sessions, and e-learning. Engaging features, such as virtual reality simulations and hazard hunts, make it an industry-leading resource for excavation work across various sectors, including infrastructure, oil and gas, and utilities.

“Working below ground, and building underground structures and utilities is demanding and requires relevant up-to-date safety training. Leading-edge training takes the information and classroom lessons to the field, which helps promote safe and compliant jobsites,” said Todd Hayes, Region Vice President – Trench Safety, United Rentals. “Our revised program will help our customers foster a culture of safety, while reducing risks and improving jobsite results.”

Developed with Mosaic Learning, the training platform integrates knowledge checks, simulation exercises, and other facilitated learning activities to support adult learners. It also includes the United Rentals Trench Safety app, featuring tools like a slope calculator and OSHA resources, available on iOS and Android.

United Rentals Trench Safety Solutions

United Rentals Trench Safety provides the worksite with the most efficient path to safety through underground solutions and safety training. With more than 92 trench safety locations and North America's largest shoring and underground excavation rental equipment fleet, United Rentals provides customers with customized, cost-effective trench safety and excavation rental solutions. It supplies OSHA-compliant trench protective systems, including shoring, shielding, lasers, optical instruments, and more. United Rentals services help companies in their pre-bid analysis of protective system solutions, on-site consultation, and designs for engineering teams.

About United Rentals

United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,571 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 27,550 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers approximately 5,000 classes of equipment for rent with a total original cost of $21.85 billion. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. Additional information about United Rentals is available at unitedrentals.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241218082245/en/

Elizabeth Grenfell

Vice President, Investor Relations

O: (203) 618-7125

investors@ur.com

Source: United Rentals, Inc.

FAQ

What is United Rentals' (URI) new excavation safety training program?

United Rentals has launched the Excavation Safety Training for Competent Persons Program, an interactive training course teaching trench and excavation safety compliance with OSHA Standard 29 CFR Part 1926 Subpart P.

How many trench safety locations does United Rentals (URI) operate?

United Rentals operates more than 92 trench safety locations across North America, making it the operator of the largest shoring and underground excavation rental equipment fleet.

What delivery formats are available for URI's new excavation safety training?

The training is available through United Academy in multiple formats including in-person classes, virtual instructor-led sessions, and e-learning options.

What features are included in United Rentals' (URI) new excavation safety program?

The program includes virtual reality simulations, hazard hunts, knowledge checks, simulation exercises, and the United Rentals Trench Safety app with tools like slope calculator and OSHA resources.