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 is offering 30 days of free self-storage and U-Box container usage to the displaced tenants of Jolie, The Pines, and Villa Norte apartments in Shreveport, Louisiana. The city has ordered utilities to be stopped on May 31, forcing residents to vacate. U-Haul's Northern Louisiana president, Warren Iles, announced that U-Haul Moving & Storage of Downtown Riverfront will provide this service to those affected. The offer is based on availability and applies to new rentals. For more information, tenants can contact U-Haul at the provided address and phone number.
U-Haul announced plans to repurpose a former Kmart site in Kenton, Ohio, into a U-Haul Moving & Storage facility. Purchased on Feb. 9, the 11-acre property will feature 95,000 square feet of retail, moving, and self-storage space. This includes 720 indoor climate-controlled storage units with high-tech security. The facility will offer truck and trailer rentals, U-Box containers, moving supplies, professional hitch installation, and propane services. U-Haul plans to hire up to 10 local staff members and emphasizes its sustainability initiatives, including adaptive reuse of buildings and various green programs.
After severe storms hit Tallahassee, U-Haul is offering 30 days of free self-storage and U-Box container usage to residents in need. With three local stores participating in the relief efforts, U-Haul aims to support the community during the recovery process.
U-Haul recently opened a new retail, moving, and self-storage center in Orlando, Florida, offering 664 climate-controlled self-storage rooms and 22 drive-up units with high-end security features. The property was acquired from Golden Storage and will operate with extended hours. U-Haul plans to hire locally to support job growth in the area and actively recruits veterans. The company focuses on sustainability through shared-use business models and environmental initiatives.
U-Haul is providing 30 days of free self-storage and U-Box container usage to residents impacted by tornado damage in northeast Oklahoma. Six U-Haul facilities in Tulsa and Broken Arrow are participating in this disaster relief effort. U-Box containers can be delivered to residential locations and picked up as part of the program. This initiative aims to assist communities in the aftermath of natural disasters.
U-Haul is providing 30 days of free U-Box storage to Livingston flood victims, aiding in recovery efforts due to severe flooding in the area. The offer is for new U-Box rentals and subject to availability, with mobile storage helping impacted families deal with property clean-up.
U-Haul Holding Company (NYSE: UHAL) will participate in the 2024 BMO Real Estate Conference in New York City. The parent company of U-Haul International, Inc., North America's largest 'do-it-yourself' moving and self-storage company, will have meetings with institutional investors.
U-Haul has acquired a self-storage facility in Decatur to meet growing demand, now operating as U-Haul Storage of Decatur. The facility offers 246 self-storage units with security features, various rental options, and convenient business hours. U-Haul plans to hire two new team members locally and continues its sustainability efforts through shared-use business practices.
U-Haul is offering 30 days of free U-Box storage to victims of the Nebraska tornadoes in Omaha and Lincoln. The company is providing assistance to communities impacted by the recent tornadoes, offering secure storage solutions to those affected by the natural disasters.
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