U-Haul Holding Company - UHAL STOCK NEWS

U-Haul has reopened its renovated facility at 141 Grand Ave. in Schofield, Wisconsin, featuring two new buildings to better serve Marathon County residents. The improved U-Haul Moving & Storage of Wausau now includes a three-story self-storage center with 569 indoor climate-controlled and heated storage units equipped with high-tech security features. The 4.8-acre property also features a new U-Box warehouse with capacity for 1,000 portable moving and storage containers.

The facility, which has served Schofield since 1986, offers comprehensive services including truck and trailer rentals, retail moving supplies, professional hitch installation, propane services, and covered load/unload bays. The company is currently hiring up to 10 Team Members for the new facility, with a focus on local hiring and veteran recruitment.

U-Haul has announced a disaster relief program offering 30 days of free self-storage and U-Box container services at 92 company facilities across Southern California to assist residents affected by multiple wildfires in the Greater Los Angeles area. The initiative comes in response to the Palisades, Eaton, Hurst, Lidia, and Sunset Fires, which have destroyed hundreds of homes and displaced thousands of people.

The program is available at participating U-Haul-owned and operated locations across multiple regions, including Los Angeles East (11 stores), Los Angeles South (8 stores), Los Angeles West (13 stores), North Orange County (12 stores), Riverside (7 stores), San Bernardino (12 stores), San Fernando Valley (11 stores), and Van Nuys/San Luis Obispo (14 stores). The offer is subject to availability and applies to new rentals only.

U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, has announced its participation in the upcoming KeyBanc Capital Markets Self-Storage Investor Forum. The event is scheduled to take place on Thursday, January 9, 2025, in New York City. As North America's largest do-it-yourself moving and self-storage company, U-Haul's presence at this investor forum represents a significant opportunity for stakeholders to gain insights into the self-storage sector.

U-Haul has released its 2024 Growth Index based on over 2.5 million one-way equipment transactions, revealing the Dallas-Fort Worth-Arlington metropolitan area as the leading growth metro of 2024. Charlotte and Phoenix secured second and third positions respectively, while Ocala, Florida topped the city-proper rankings for the second time in three years.

Florida dominated the rankings with seven of the top 25 growth metros, including Lakeland, Palm Bay, Jacksonville, Tampa, Sarasota, Fort Myers, and Daytona Beach. Texas followed with five metros in the rankings. The growth patterns are attributed to factors such as reasonable cost of living, strong job markets, and tax benefits.

The U-Haul Growth Index, while not directly correlating to population or economic growth, serves as an effective indicator of how well states, metros, and cities attract and retain residents through its network of 23,000-plus rental locations across the U.S. and Canada.

U-Haul has released its 2024 Growth Index, revealing South Carolina as the top state for net gain of one-way movers, followed by Texas, North Carolina, Florida, and Tennessee. The rankings are based on over 2.5 million one-way U-Haul truck, trailer, and U-Box moving container transactions throughout the year.

The data shows a continued migration trend toward the Southeast and Southwest regions, with more than 51.7% of South Carolina's U-Haul moves being arrivals. Texas has maintained a top-two position since 2016, while Florida has consistently ranked fourth or higher since 2015. Notably, California ranks 50th for the fifth consecutive year, experiencing the greatest net loss of do-it-yourself movers.

The most significant ranking improvements were seen in Oklahoma (+30), Indiana (+19), and Maine (+18), while Colorado (-31), Nevada (-24), and Wyoming (-22) showed the largest declines.

U-Haul has opened its first retail, moving and self-storage facility in Panama City Beach, Florida. The facility, acquired on December 17, is located at 11222 Hutchison Blvd. and was formerly A+ Storage. The 2.18-acre property features a three-story building with over 500 indoor climate-controlled storage rooms, moving trucks, and a retail showroom.

The facility operates daily from 7 a.m.-7 p.m. (8 p.m. on Fridays) and is hiring up to 10 Team Members. This marks U-Haul's 172nd Company-owned store in Florida, targeting a rapidly growing area that has been previously underserved.

U-Haul has permanently closed its Zanesville store at 618 S. Pine St. on December 8, after 46 years of operation since 1978. The closure resulted in the layoff of eight Team Members. The company will retain ownership of the 1,680-square-foot building on a half-acre lot and plans to lease it out. Customers are being redirected to Ohio's newest moving and self-storage center at 3742 Northpointe Drive. The facility, which was originally a gas station before being converted to a U-Haul location, provided self-move services and hitches to the Zanesville community.

U-Haul has opened its 80th Ohio store in Zanesville on December 10, located at 3742 Northpointe Drive near Colony Square Mall. The new facility, built on a five-acre property acquired in 2022, features a four-story complex with 996 self-storage units, including heated and climate-controlled rooms with high-end security features. The facility also includes a warehouse for 735 U-Box containers, truck and trailer rentals, retail showroom, and professional hitch installation services.

This new center replaces the company's previous 46-year-old location at 618 S. Pine St. The facility is hiring up to 12 Team Members and plans to add a propane refill station in the future.

U-Haul Holding Company has acquired the 548,938-square-foot 20 E. Thomas Road skyscraper in Midtown Phoenix, which will become the new headquarters for U-Haul International. The building, now named The U-Haul Tower, is the third tallest in Phoenix at 397 feet and 25 floors. The company plans a 24-month transition of its field-support teams from their current location at 2727 N. Central Ave. U-Haul, which employs 1,600 Team Members at its Midtown Campus and over 34,000 across North America, has been headquartered in Phoenix since 1967. The acquisition represents a significant expansion of U-Haul's Midtown Campus, which includes the recently opened Shoen Family Conference and Fitness Center.