WillScot Holdings Launches Major Network Optimization Plan
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WillScot Holdings Corporation announced a multi-year network optimization plan, exiting 725 acres of leased real estate and disposing of 51,000 rental fleet units valued at $315 million. The restructuring includes $41 million in accelerated depreciation and disposal expenditures of $40-$50 million through 2029. Net cash costs of $20 million are expected in 2026, with improved profitability projected from 2027. This initiative aims to enhance corporate efficiency and profitability.
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