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 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.
U-Haul, in partnership with Achilles New Jersey, is launching the virtual Hope & Possibility® Race, challenging New Jersey residents to participate from Sept. 11 to 13, 2020. This event includes a 4-miler and a Dog Day 5K, encouraging all fitness levels to join. A triple challenge, the U-Haul Keep It Moving Challenge, covers three distances across locations. Proceeds support Achilles International, which assists athletes with disabilities. U-Haul emphasizes its commitment to veterans and has sponsored this event for nearly two decades, enhancing community engagement.
On September 1, 2020, U-Haul and Pearl Harbor Aviation Museum announced a virtual unveiling of the renovated Ford Island Control Tower, providing a historical view of Pearl Harbor, America's first WWII aviation battlefield. The unveiling coincided with the 75th anniversary of V-J Day. A working elevator, gifted by U-Haul CEO Joe Shoen, allows visitors to access panoramic views. Although the traditional event has been postponed, livestreams will accommodate WWII veterans unable to attend due to restrictions. U-Haul honors its legacy and veteran employees in this initiative.
The U-Haul-owned Memphis Repair Shop at 3020 Lamar Ave. ceased operations on August 17, 2020, after serving the community since 1973. This closure has resulted in the layoff of 25 employees. U-Haul stated that such actions are part of long-term strategic plans influenced by factors like demographic shifts and facility limitations. U-Haul has maintained operations during the COVID-19 pandemic, focusing on customer safety through enhanced cleaning protocols.
AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 20, 2020. The dividend, payable on September 21, 2020, will benefit shareholders on record as of September 7, 2020. As the parent company of U-Haul International, AMERCO continues its long-standing commitment to providing services in the moving and storage industry while promoting environmental sustainability.
U-Haul is offering 30 days of free self-storage to residents affected by the Elkhorn Fire and California Lightning Complex fires. This initiative comes as evacuation orders have been implemented, creating a need for secure storage locations. U-Haul has expanded its facilities to assist impacted individuals, adding five new locations to support residents in Tehama County and the Bay Area. U-Haul's long-standing presence in the community aims to provide essential services during emergencies.
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U-Haul is providing 30 days of free self-storage to residents affected by the fast-moving grass fire in Vacaville, California, as evacuation orders are in place. The initiative aims to support those needing secure locations to store personal belongings during this crisis. U-Haul's president stated the company wants to be a good neighbor and assist the community. Three local facilities have been designated for this program. U-Haul emphasizes its commitment to community needs, ensuring safety protocols are in place for customers.