Welcome to our dedicated page for U-Haul Holding news (Ticker: UHAL), a resource for investors and traders seeking the latest updates and insights on U-Haul Holding stock.
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.
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U-Haul is expanding its operations in West Allis, Wisconsin, by acquiring a 79,805-square-foot property to increase self-storage capacity. The new facility will provide approximately 700 indoor units featuring high-tech security and climate control, addressing the growing demand in the area. This project, driven by U-Haul's sustainability initiatives, is expected to be completed by 2021. The company aims to create local jobs, planning to hire at least six new team members post-expansion.
U-Haul has acquired a 9.35-acre property in Mansfield, Ohio, previously occupied by Big Lots and Value City Furniture. This acquisition is part of U-Haul's plan to develop a new self-storage facility featuring approximately 600 climate-controlled units with advanced security features. The facility aims to promote job growth and sustainability, reducing the carbon footprint by repurposing existing buildings. The opening is anticipated in 2021, with U-Haul currently operating from a temporary showroom and offering services like truck rentals and moving supplies.
U-Haul at Preston Hwy in Louisville is expanding its services by acquiring a 1.72-acre property to build a multi-story self-storage facility. The new building will feature around 800 self-storage units, including indoor climate-controlled options, and will be completed by 2021. The expansion aims to meet the high demand for self-storage in the area. U-Haul continues to operate essential services throughout the COVID-19 pandemic, supporting moving needs for various groups. The initiative also promises local job opportunities during and after construction.
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U-Haul is providing 30 days of free self-storage for residents affected by the Central Fire in New River and the Aquila Fire near Anthem, Arizona. The Central Fire has burned approximately 4,000 acres with 23% containment, while the Aquila Fire has reached 1,000 acres. Evacuation orders are in place, prompting U-Haul's initiative to offer storage solutions for those in need. This follows similar offers for other recent fire victims in Arizona. For more details, individuals can contact U-Haul locations directly for assistance.
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