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 (UHAL) delivers integrated moving solutions through truck rentals, self-storage facilities, and related services. This news hub provides investors and industry observers with direct access to official corporate developments and market-moving updates.
Track all essential U-Haul announcements in one location, including earnings reports, strategic partnerships, and operational expansions. Our curated collection eliminates the need to monitor multiple sources, offering timestamped updates straight from company filings and verified media outlets.
Key coverage areas include innovations in logistics operations, storage facility growth, and customer service initiatives. The page also features analysis of regulatory filings and executive leadership updates that impact U-Haul's position in the transportation services sector.
Bookmark this page for streamlined monitoring of UHAL's business trajectory. Combine regular check-ins with portfolio tracking tools for complete investment awareness in the moving and storage industry.
Collegeboxes®, a U-Haul division, is urging students to prepare for move-out by leveraging early packing and storage solutions to avoid congestion during finals and graduation. Two discount codes are available: STORE20 for 20% off summer storage and SHIP10 for 10% off shipping, valid from March 15 to April 15. This initiative promotes safety by minimizing campus foot traffic. Collegeboxes offers a range of services, including contactless pickups and direct shipping. U-Haul's extensive network supports these operations, ensuring efficient service across numerous universities.
U-Haul is offering 30 days of free self-storage to Hawaii residents affected by recent flooding caused by heavy rains. The initiative aims to assist those who have experienced damage to their homes. U-Haul's president in Hawaii, Kaleo Alau, emphasized the urgent need for self-storage during flooding emergencies. The offer is available for customers renting new units, pending vacancy. U-Haul is also an official American Red Cross Disaster Responder and maintains contactless business operations amid the COVID-19 pandemic.
U-Haul is establishing a modern retail and self-storage facility in Winona after acquiring the former Shopko store, a 84,540-square-foot property, on March 1. The new facility will feature hundreds of climate-controlled storage units with enhanced security, expected to open this summer. A temporary showroom has already begun operations, offering truck rentals and moving supplies. U-Haul aims to meet local demand for self-storage and promote job growth by hiring at least 20 local team members. This project aligns with U-Haul's sustainability initiatives, repurposing existing buildings to reduce the carbon footprint.
U-Haul has opened a new facility in Farmington, NM, at a former Kmart location, providing 600 indoor climate-controlled self-storage rooms. The adaptive reuse of the 94,137-square-foot property aims to meet the local need for climate-controlled storage, as there is currently no such facility in Farmington. The store will offer truck rentals, U-Box portable storage, and high-tech security features. U-Haul plans to employ at least 10 local team members, prioritizing veterans in the hiring process. This development aligns with U-Haul's sustainability initiatives.
U-Haul of Lake Forest closed its retail showroom and on-site services on Feb. 22, 2021, after 24 years of operation. The location, situated at 23211 Olive Ave., will maintain its retail building for future use but will no longer lease additional land. Customers can access services just 0.3 miles away at U-Haul Moving & Storage of Lake Forest, which offers a range of moving supplies, trailer sharing, and self-storage units. The closure resulted in the loss of 14 jobs. U-Haul remains operational during the pandemic with enhanced safety measures.
U-Haul has permanently closed its self-move store at 160 Broadway Ave. in Bedford after 42 years, effective January 31, 2021. The company will retain ownership of the 1.93-acre property and lease the 16,104-square-foot building to a new tenant. Customers can access U-Haul services less than a mile away at the Bedford Automile location. U-Haul's closure resulted in the loss of eight jobs. The company emphasizes its commitment to sustainability and adaptive reuse of buildings in local communities.
U-Haul is providing 30 days of free self-storage and U-Box container usage to Texas residents affected by severe winter storms and power outages. This disaster relief program is available at 171 U-Haul facilities across Texas, helping those experiencing water damage from burst pipes. The offer applies to new rentals and is subject to vacancy. Additionally, U-Haul is ensuring propane supply amidst demand spikes due to rolling blackouts. As an American Red Cross Disaster Responder, U-Haul remains committed to supporting communities in need.
Freezing temperatures and rolling power outages have prompted many U.S. residents to seek warmth through propane heaters. U-Haul emphasizes the importance of safety when using these devices indoors, warning against bringing outdoor heaters inside due to risks of fire. Steve Dudley, U-Haul's VP of Retail Sales, highlighted the ample supply and affordability of propane, as the U.S. is the largest refiner globally. U-Haul, the leading U.S. propane retailer since 1987, provides propane at over 1,150 locations, despite some delivery delays in the Dallas-Fort Worth area.
U-Haul Storage of Roswell has permanently closed after 43 years of service. This location, operational since 1978, will be replaced by a new facility at 1705 S. Main St., a repurposed Kmart site. The move aims to enhance customer services, offering truck rentals, indoor storage, and more. U-Haul maintains ownership of the original property for future leasing. Seven team members were let go due to the closure. The company remains committed to sustainability by repurposing buildings, reducing environmental impact, and continuing operations as an essential service provider during COVID-19.
AMERCO (Nasdaq: UHAL) reported a significant increase in net earnings for Q3 of fiscal 2021, reaching $183.0 million or $9.33 per share, up from $30.9 million or $1.58 per share year-over-year. For the nine months ending December 31, 2020, net earnings climbed to $537.1 million, a 68% increase compared to the previous year. Self-moving equipment rental revenues surged 30% to $186.7 million, while self-storage revenues rose 15%. The company also declared a $2.00
