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Equipment Rental / NYSE: HRI

Herc Rentals

The Most Elite Partnership in Equipment Rental

Investment Thesis

From zero to #1 broker in under 12 months inside a closed, invitation-only network.

#1
Broker Rank
5
Board Access
$50M
Pipeline RFP
612+
Branches
Why We Won
  • Onboarded via Transportation Insight corporate referral—trust from day one
  • Elite access to After-Hours, ProSolutions, Hurricane Dispatch—only 3-4 brokers nationally
  • Selected as 1 of 2 brokers for $50M Managed Transportation RFP
What's Next
  • Capture $50M local haul management contract (in final presentation stage)
  • Harvest H&E acquisition tailwind: +160 branches, ~40% more freight volume
  • Scale AVRL automation to 35%+ for margin expansion without headcount

"Core is moving from transactional brokerage into embedded operations. The $50M local haul RFP is the proof point—Herc wants Core to run their freight, not just move it."

Timeline

How It Unfolded

Early 2025
Relationship Begins
Core onboards with Herc via TI referral
Mid-2025
Multi-Board Access
Earns access to Main, After-Hours, ProSolutions boards
Q3 2025
Hurricane Dispatch
One of 2-3 brokers nationwide for emergency dispatch
Q4 2025
#1 Broker by Volume
Largest broker in Herc's entire network
Investor Takeaway

Core entered Herc in 2025 and rapidly became the #1 broker by volume inside a closed, performance-ranked network. Beyond bid boards, Core earned access to high-yield channels (After-Hours / ProSolutions) and a rare emergency pathway (Hurricane Dispatch). Herc’s request for a Managed Transportation solution on a $50M+ local-haul program is a trust signal: Core is moving from transactional brokerage into embedded operations.

Core can go from zero to #1 in a closed ecosystem in under 12 months
Execution excellence earns access to the most elite, highest-yield freight
Hurricane Dispatch positioning = emergency loads without bidding
Strategic Catalyst

The $50MM Opportunity

Herc Rentals + H&E

Core is one of only 2 brokerages invited to present on managing Herc's entire local haul operation—a $50MM annual program. This represents the transition from transactional brokerage to embedded operations partner.

#1 broker by volumeAVRL automation deployedHurricane Dispatch proven
H&E Acquisition Impact
612+
Combined Branches
$5.3B
Deal Value
159
New Branches to Win
#3
North America Rank
"Core went from new vendor to our largest broker by volume faster than anyone we've seen. When hurricanes hit, they're one of the first calls we make—no bid board, just execution. Now we're trusting them to build our managed transportation solution. That says everything."
Procurement Director · Herc Rentals
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