U-Haul Holding Company reports developments tied to its do-it-yourself moving, self-storage and insurance businesses. Company announcements commonly cover U-Haul International's truck, trailer and U-Box container services, storage-facility openings, self-storage pricing programs, disaster-relief storage offers and customer access tools such as U-Haul Truck Share 24/7.
Updates also include quarterly financial results, dividends on Series N Non-Voting Common Stock, fleet and storage-capacity commentary, and items involving subsidiaries such as Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. The recurring disclosures connect U-Haul's moving and storage network with related propane, trailer-hitch, packing-supply and insurance operations.
U-Haul of Cooks Corner in Brunswick, Maine, closed permanently on Sept. 30, 2020, after serving the community for 34 years. Although operations ceased, U-Haul plans to retain ownership of the property and lease it to a new tenant. Customers can access U-Haul services within two miles at U-Haul Moving & Storage of Arrow Hart. This relocation aligns with the company's sustainability initiatives, promoting the reuse of existing buildings to reduce environmental footprints. The closure resulted in the loss of three team members.
U-Haul has purchased its first million gallons of renewable propane, now available to customers in Southern California. This initiative, in partnership with Suburban Propane Partners, aims to provide eco-friendly fuel to enhance sustainability. U-Haul is absorbing the premium cost, allowing customers to enjoy carbon-neutral benefits at no extra charge. The initiative is expected to eliminate 5 million tonnes of greenhouse gases, with renewable propane derived from sustainable sources offering lower carbon intensity than traditional fuels. U-Haul continues its commitment to sustainability through various initiatives.
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.
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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.