Custom Truck One Source Appointed Hiab Dealer for Western and Northeastern U.S. Markets
Custom Truck One Source has been appointed as an authorized Hiab dealer across the Western and Northeastern U.S., expanding its equipment offering into new territories. The partnership is set to boost CTOS’s rental fleet utilization and aftermarket service revenues.
1. Dealer Appointment
Custom Truck One Source has been named an authorized Hiab dealer for both the Western and Northeastern United States, enabling CTOS to market, sell, and service Hiab’s load handling equipment in these key regions.
2. Network Integration
The agreement integrates Hiab’s product line into CTOS’s existing branch network, allowing customers across the covered territories to access rental, installation, and maintenance services directly through CTOS locations.
3. Growth and Revenue Implications
By adding Hiab equipment to its rental fleet and service portfolio, CTOS aims to enhance fleet utilization rates and expand its aftermarket service revenues in the designated regions, supporting its broader growth strategy.