Crane Rental Fees Per Hour in 2024

  •   Sep 2023  •   7 min read  •   Comment

Crane Rental Fees Per Hour – A crane is a type of heavy machinery used in construction, manufacturing, and transportation to lift and move heavy objects.

It typically consists of a tall, vertical mast that supports a horizontal boom or jib, which in turn supports a hoist and a hook or other lifting attachment.

The crane is usually mounted on a mobile base or a fixed platform, and it can rotate 360 degrees to position the load precisely.

There are many types of cranes, each designed for a specific task or application.

Some common types of cranes include tower cranes, mobile cranes, gantry cranes, overhead cranes, and truck-mounted cranes.

Crane Types

There are many different types of cranes, each designed for a specific purpose. Here are some of the most common types:

Tower Crane

A tower crane is a large, stationary crane that is typically used for tall building construction.

It has a long horizontal jib that can be raised and lowered as needed, and a counterweight system to keep the crane stable.

Mobile Crane

A mobile crane is a crane mounted on a mobile platform, such as a truck or crawler.

It can be moved around a job site and is often used for heavy lifting and construction projects.

Overhead Crane

An overhead crane is a type of crane that is suspended from a beam or track system.

It is typically used in manufacturing and industrial settings to move heavy materials or equipment.

Gantry Crane

A gantry crane is similar to an overhead crane, but it has a mobile frame that can be moved around a job site.

It is often used in shipping ports and container yards to move cargo.

Jib Crane

A jib crane is a type of crane that has a horizontal jib (or arm) that extends from a vertical mast.

It is often used in manufacturing and industrial settings to move materials or equipment over a short distance.

Floating Crane

A floating crane is a crane that is mounted on a barge or other watercraft.

It is used to lift heavy objects from the water or to move cargo between ships and docks.

Telescopic Crane

A telescopic crane is a type of mobile crane that has a telescoping boom.

It is often used for construction and maintenance projects that require reaching high or difficult-to-reach areas.

Rough Terrain Crane

A rough terrain crane is a type of mobile crane that is designed for use on rough or uneven terrain.

It typically has four large wheels and can be used in construction or oil and gas projects.

All-terrain Crane

An all-terrain crane is a type of mobile crane that is designed to operate on both paved roads and rough terrain.

It is often used in construction and infrastructure projects.

Truck-mounted Crane

A truck-mounted crane is a type of mobile crane that is mounted on a truck chassis.

It can be driven to a job site and is often used for construction and maintenance projects that require quick setup and teardown times.

Crane Rental Fees Per Hour

Crane Rental Fees Per Hour

Crane rental costs depend on many factors, so asking a quality supplier for a quote will help you get the most accurate price.

Crane rental prices are not easily known as each model has its own features and specifications.

That said, it’s helpful to know the range of rental costs.

Typically, renting a small mobile crane costs about $200 per day, a large crane about $1,000 per day, and a large tower crane about $15,000 per month.

Please consider any additional costs that may be incurred on top of the rental price.

  • Delivery and Installation: Many cranes need to be transported to construction sites like crawler cranes or assembled like tower cranes.
  • Authority: A permit is required to operate a crane. Therefore, please contact your local jurisdiction for related fees and paperwork.
  • Qualified Staff: All cranes require certified operators, fitters and signalmen to ensure safe lifting.
  • Other Charges: Using a crane may include cutting utility lines, creating lifting schedules, and paying overtime.

Other Expenses Involved in Crane Rental

Crane Rental Fees Per Hour

In addition to the rental fee, there are other expenses that may be involved in crane rental.

These expenses can vary depending on the rental company and the specific terms of the rental agreement.

Some potential additional expenses to consider include:

Operator fees, Transportation costs, Insurance, Permits, and Fuel and maintenance costs

It’s important to carefully review the rental agreement and discuss any potential additional expenses with the rental company before finalizing the rental.

This will help you to accurately budget for the total cost of the crane rental and avoid any unexpected expenses.

Read More: 10 Heavy Equipment Operator Training

7 Factors That Affect Crane Rental Cost

Crane Rental Fees Per Hour

The cost of renting a crane can vary depending on a number of factors.

Some of the factors that affect crane rental cost include:

Crane Type

Different types of cranes have different capabilities and are suited to different tasks.

The rental cost will vary depending on the type of crane you need for your project.

Capacity and Reach

The maximum weight that a crane can lift and its reach, or the distance between the crane and the object to be lifted, will affect the rental cost.

Duration of Rental

The length of time that you need the crane will affect the rental cost.

Generally, the longer you rent the crane, the lower the daily rental rate will be.

Availability

The availability of cranes in your area can affect the rental cost.

If there is high demand for cranes, rental rates may be higher.

Location

The location of your project can affect the rental cost, as transportation costs for the crane can be significant.

Operator Costs

In most cases, the rental cost of the crane includes the services of an operator.

The operator’s skill level, experience, and availability can affect the rental cost.

Additional Equipment

Additional equipment, such as rigging, slings, and other accessories, may be needed to complete your project.

These costs will be added to the rental cost of the crane.

It’s important to consider all of these factors when budgeting for crane rental to ensure that you have accurate cost estimates and can choose the best crane for your project within your budget.

Read More: 5 Heavy Equipment Leasing Companies

Advantages of Renting a Crane

Crane Rental Fees Per Hour

There are several advantages to renting a crane for a construction or heavy lifting project, including:

Cost Savings

Renting a crane can be more cost-effective than purchasing a crane outright.

Buying a crane requires a significant upfront investment and ongoing maintenance costs, while renting allows you to pay only for the time you need the crane.

Flexibility

Renting a crane gives you more flexibility in terms of the type and size of crane you need for your project.

You can choose the crane that is best suited to your specific needs, without having to worry about long-term commitments or maintenance costs.

Availability

Renting a crane can give you access to a wider range of cranes than you might have if you purchased a crane.

Rental companies often have a large fleet of cranes, so you can find the crane you need when you need it.

Skilled Operators

Most crane rental companies provide skilled operators to operate the crane.

This can save you time and money, as you won’t need to hire and train your own crane operator.

Maintenance and Repair

Rental companies are responsible for maintaining and repairing their cranes, so you won’t have to worry about the costs or time associated with these tasks.

Safety

Renting a crane can be safer than purchasing a crane, as rental companies are responsible for ensuring that their cranes are well-maintained and meet safety standards

Read More: Excavator Rental Prices per Hour in 2024

Conclusion

In contrast, crane rentals offer flexible pricing, short-term savings, and no depreciation.

Plus, you can hire different cranes for different jobs, so you are not locked into a single model that isn’t ideal for your future situation.

Finally, renting means you don’t have to maintain or store your crane between projects, saving you money over time.

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