Welcome to our dedicated page for U-Haul Holding Company news (Ticker: UHAL), a resource for investors and traders seeking the latest updates and insights on U-Haul Holding Company stock.
U-Haul Holding Company (symbol: UHAL) is a prominent American enterprise specializing in the rental of trucks, trailers, and self-storage space. Founded in 1945, the company has firmly established itself as the No. 1 choice of do-it-yourself movers with over 23,000 rental locations across the United States and Canada. U-Haul’s wide array of services includes moving truck and trailer rentals, self-storage units, moving boxes, and packing supplies. Additionally, the company provides LPG (propane) refills, trailer hitch and wiring installation, and storage container rentals.
U-Haul operates through three key segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment, being the most significant, contributes the majority of its revenue. The company’s fleet boasts impressive numbers, including 192,200 trucks, 138,500 trailers, and 44,500 towing devices. U-Haul is also the third-largest self-storage operator in North America, overseeing 967,000 rentable units and 83.3 million square feet of self-storage space.
U-Haul continues to expand its reach with several ambitious projects. Recently, U-Haul announced the development of new retail, moving, and self-storage centers in Junction City, Kansas, and Lake Ozark, Missouri. These centers will feature climate-controlled storage units, truck and trailer sharing, and U-Box portable storage containers. Additionally, U-Haul has acquired properties in Webster, New York, and Decatur, Alabama, further enhancing its service capacity in these regions.
The company actively promotes sustainability. Its shared-use business model allows communities to share moving equipment, reducing the need for large-capacity vehicle ownership. U-Haul’s Adaptive Reuse program, which repurposes existing buildings, along with innovations like fuel-efficient truck modifications and recyclable Ready-To-Go Boxes, underscores its commitment to green business practices. Recently, its U-Box Load Share program was awarded the 2023 Best in Biz gold for being the Most Environmentally Friendly Service of the Year.
U-Haul is also a significant employer, recognized as a Best for Vets employer by The Military Times. It actively recruits veterans and promotes job growth in local communities, planning to hire locally for new projects in various locations. The company’s enhanced app facilitates easy access to its services, allowing customers to reserve equipment and manage rentals conveniently through their smartphones.
For more information about U-Haul and its wide array of services, visit their official website or download the U-Haul app from the App Store or Google Play.
U-Haul has acquired two former Wolf Bay Storage facilities in Robertsdale and Elberta, Alabama on October 22. The Robertsdale location features 229 self-storage units and 58 RV/boat/vehicle storage spaces across 266,000 square feet. The Elberta facility offers 317 climate-controlled and non-climate-controlled storage units and 95 RV/boat/vehicle storage spaces within 224,000 square feet. Combined, the acquisition adds 546 storage units and 153 vehicle storage spaces on over 11 acres. U-Haul plans to hire up to 10 team members across both locations to serve Baldwin County, which attracts approximately 6.5 million visitors annually.
U-Haul has opened a new self-storage facility in Hershey, Pennsylvania, following its property acquisition in early 2022. The facility, located at 1000 Old W. Chocolate Ave., features 1,000 climate-controlled storage units in a four-story building on a 1.79-acre lot. The state-of-the-art facility includes high-tech security features, drive-in load/unload bays, and offers moving supplies. A grand-opening celebration is planned for Dec. 13, featuring free lunch, facility tours, and giveaways. The company plans to hire several local team members, with preference given to veterans.
U-Haul has opened its first retail, moving and self-storage center in Olive Branch, Mississippi, marking its 14th facility in the state. The new facility, which began operations on October 18, features a three-story, 105,196-square-foot building with over 840 indoor climate-controlled storage units. Located at 4209 Goodman Road on 13 acres, the center offers moving trucks, trailers, hitch installation, and a U-Box warehouse capable of storing 571 portable moving containers. The company plans to hire up to 15 local team members and will soon add propane services.
U-Haul Holding Company (NYSE: UHAL, UHAL.B) has announced it will release its second quarter fiscal 2025 financial results after market trading on Wednesday, November 6, 2024. The company will host an investor conference call and webcast the following day, Thursday, November 7, 2024, at 8 a.m. Arizona Time (10 a.m. ET). The event will be accessible via webcast for interested parties and investors.
U-Haul is offering 30 days of free self-storage and U-Box portable container use across Florida in preparation for Hurricane Milton, a Category 5 storm projected to hit the state's western Gulf Coast. This disaster relief program is available at all 172 U-Haul self-storage centers in Florida, including areas affected by the recent Hurricane Helene.
The offer applies to new rentals based on availability at Company-owned and -operated locations. U-Haul has made this service available through 14 U-Haul Companies operating in Florida, covering cities from Clearwater to Miami. Mario Martinez, U-Haul Area District Vice President for Florida's southern region, emphasized the importance of safety and helping families secure their possessions during these stressful times.
U-Haul has expanded its self-storage services in the Twin Cities area, opening three new facilities and announcing plans for a fourth. The company acquired three former Extra Space Storage locations in Minneapolis and St. Paul, offering nearly 2,600 indoor self-storage units with climate-control options and high-tech security features. Additionally, U-Haul plans to build a new full-service center in Ramsey by fall 2026, which will include 1,150 self-storage units and a U-Box warehouse for up to 800 portable moving containers.
The expansion will create up to 46 new jobs across the four locations. U-Haul emphasizes its commitment to hiring locally and giving preference to veterans. The company now operates 33 owned and operated stores in Minnesota, aiming to increase customer convenience and serve underserved communities in the Twin Cities area.
U-Haul Holding Company, the parent company of U-Haul International, Inc., North America's largest do-it-yourself moving and self-storage company, has announced its participation in the 10th Annual Evercore ISI Storage Symposium. The event is scheduled to take place in New York City on Tuesday, October 1, 2024.
Jason Berg, the Chief Financial Officer of U-Haul Holding Company, will represent the company at the symposium. His role will involve meeting with institutional investors and participating in the conference's Development Panel. This participation highlights U-Haul's engagement with the investment community and its position in the storage industry.
U-Haul is offering 30 days of free self-storage and U-Box portable container use to people in the path of Hurricane Helene, expected to make landfall Thursday along Florida's Gulf Coast. The disaster relief program is available at 241 U-Haul facilities across Florida (136 stores), Georgia (70 stores), and Alabama (35 stores).
Hurricane Helene is forecasted to bring life-threatening storm surges, heavy rains, and damaging winds to parts of the South. Florida Gov. Ron DeSantis has declared a state of emergency for 61 counties. The free offer applies to new self-storage and U-Box rentals, based on availability at each Company-owned and -operated location.
U-Haul is an official American Red Cross Disaster Responder and aims to provide essential dry and secure storage options for communities before and after natural disasters.
U-Haul Holding Company, the parent of U-Haul International, is set to participate in the 2024 CL King Best Ideas Conference on September 16, 2024. As North America's largest do-it-yourself moving and self-storage company, U-Haul's management team will engage with institutional investors during the event.
This conference provides an opportunity for U-Haul to showcase its business strategies and financial performance to potential investors. The company's participation highlights its commitment to maintaining strong relationships with the investment community and keeping stakeholders informed about its operations and future plans.
U-Haul® has purchased a 7.78-acre lot in Grand Chute, Wisconsin, to build a new retail, moving, and self-storage center. The U-Haul Moving & Storage at Northland Ave. is set to open by summer 2026. The facility will feature:
- Over 1,000 climate-controlled self-storage units
- A retail showroom for moving supplies
- Hitch installation services
- U-Haul Truck Share 24/7
- U-Box portable moving container storage
- Propane refills
The company plans to hire up to 12 local Team Members and will prioritize hiring veterans. This will be U-Haul's 50th owned-and-operated store in Wisconsin and its first in Grand Chute.
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