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.
News for U-Haul Holding Company (NYSE: UHAL, UHAL.B) centers on its Moving and Storage operations, insurance subsidiaries and capital markets activity. As the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, the company issues regular updates through press releases and SEC-referenced announcements.
Investors and observers can expect coverage of quarterly and semiannual financial results, where U-Haul Holding Company reports revenues and earnings from operations by segment, discusses trends in self-moving equipment rental, self-storage performance, U-Box container growth and key cost items such as fleet depreciation and maintenance. These releases also highlight cash and credit availability, debt metrics and adjusted EBITDA for the Moving and Storage segment.
Another recurring category of news involves the U-Haul Growth Index, which ranks U.S. states, metropolitan areas and cities based on net gains or losses of one-way U-Haul customers. These stories identify top growth states like Texas and Florida in specific years, leading metros such as Dallas-Fort Worth-Arlington, and growth cities such as Ocala, Florida, using transaction data from millions of one-way rentals across the U.S. and Canada.
Company communications also frequently describe community-focused initiatives, including offers of 30 days of free self-storage and U-Box container usage in areas affected by flooding and other natural disasters. Additional news items may cover network developments such as the opening or closure of repair shops, job creation at new facilities, participation in investor conferences, and announcements of dividends on the company’s non-voting common stock.
By following this news feed, readers can monitor U-Haul Holding Company’s operating trends, geographic migration insights, disaster relief efforts and corporate actions in one place.
U-Haul plans to transform the former Capitol Archives & Record Storage building in Hartford into a modern self-storage facility. The site, acquired on March 25, will feature 87,387 square feet of storage space with high-tech security and climate-controlled units. Renovations are expected to finish this summer. The company aims to address local demand for storage options while enhancing sustainability through adaptive reuse. U-Haul will also create at least 10 new jobs and continue its commitment to local hiring, particularly focusing on veterans.
U-Haul has launched 636 new self-storage units at 15 Pleasant St. Connector, Framingham, a site acquired in March 2018. The facility features indoor climate-controlled storage with advanced security and an indoor loading area. U-Haul aims to enhance the local community by repurposing vacant buildings, supporting sustainability initiatives that reduce carbon footprints. The 93,088-square-foot facility, previously occupied by Genzyme, showcases U-Haul's commitment to providing clean and secure storage solutions. U-Haul remains operational during the COVID-19 pandemic, ensuring safety through contactless services.
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.