U-Haul Holding Company - UHAL STOCK NEWS

U-Haul at Gordon Highway in Augusta permanently closed on Sept. 30, ending 43 years of service. Although the location ceased operations, U-Haul will retain ownership and lease the property to a new tenant. Customers can access U-Haul products less than a mile away at a newly acquired facility formerly a Kmart, which supports U-Haul's sustainability initiatives. The closure, driven by strategic business decisions, resulted in the layoff of four employees. U-Haul remains operational during the COVID-19 pandemic, ensuring safety protocols are followed for customers and employees.

U-Haul is providing 30 days of free self-storage for residents in southeast Texas affected by Tropical Depression Beta. Six U-Haul Companies have opened 50 self-storage facilities to assist those at risk of flooding as heavy rain continues in the area. U-Haul emphasizes its commitment to community support, urging residents to utilize this disaster relief program. For further information, residents can contact various participating U-Haul storage locations across Houston and surrounding areas.

U-Haul is offering 30 days of free self-storage for residents in Alabama and Georgia impacted by Hurricane Sally, with 60 facilities available across both states. This initiative addresses significant flooding risks posed by the hurricane’s slow movement and storm surge. Earlier, U-Haul also provided facilities in Louisiana and southern Mississippi. U-Haul's response is part of its commitment as an American Red Cross Disaster Responder, ensuring their services remain available during crises and emphasizing their role as an essential service provider throughout 2020.

U-Haul is transforming a former beverage distribution center in Keene into a comprehensive moving and self-storage facility. The acquisition of the 34,304-square-foot site on August 26 aims to provide truck and trailer sharing, climate-controlled storage, and other moving services. The project will create 15 jobs locally, with a focus on hiring veterans. This initiative aligns with U-Haul's sustainability goals by repurposing existing buildings to reduce environmental impact. The facility is expected to enhance service for the growing population in Keene, a college town.

U-Haul has announced the acquisition of a historic 91-year-old building in LaVilla, Jacksonville, to develop a state-of-the-art retail and self-storage facility. This facility will feature 231 climate-controlled storage units and various moving supplies, enhancing local service offerings. The acquisition aligns with U-Haul's commitment to sustainability and community investment, promoting adaptive reuse to lower carbon footprints. Renovations are set to maintain the building's historical character while creating jobs locally. The facility is part of U-Haul's extensive network, which includes nearly 774,000 storage units across North America.

U-Haul is providing 30 days of free self-storage for residents affected by wildfires in the Pacific Northwest. With hundreds of fires fueled by strong winds and dry conditions, millions of acres have been damaged, leading to evacuation orders in many areas. U-Haul aims to support those in need by offering secure storage options through 25 local stores, including 15 in Oregon and 10 in Washington. U-Haul has emphasized its commitment to the community amidst this disaster.

U-Haul partners with Achilles Nashville for the 7th annual Hope & Possibility Race, transitioning to a virtual format from Sept. 12-19, 2020. Participants can engage in either a 1-miler or 5-miler, with the option to join the U-Haul Keep It Moving Challenge, covering three races totaling 12.1 miles. By registering, participants support Achilles International, a nonprofit that assists athletes with disabilities. U-Haul, a long-time supporter of the organization, emphasizes its commitment to community and veterans, contributing to a cause that empowers individuals with disabilities.