HOME
*



picture info

AMERCO
U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. Overview U-Haul is owned by U-Haul Holding Company, which in turn is owned by AMERCO, a publicly traded holding company which also operates: *Amerco Real Estate (which purchases existing buildings for conversion to self-storage facilities, existing self-storage facilities and bare land), *RepWest Insurance Company (which provides optional insurance for customers renting U-Haul vehicles and self-storage space), and *Oxford Life Insurance Company (which provides annuities, life insurance, and Medicare supplement insurance for senior adults). The Shoen family (heirs of founder Sam Shoen) currently owns, both directly and indirectly, about 55 percent of AMERCO. U ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Uhaul Portsmouth
U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. Overview U-Haul is owned by U-Haul Holding Company, which in turn is owned by AMERCO, a publicly traded holding company which also operates: *Amerco Real Estate (which purchases existing buildings for conversion to self-storage facilities, existing self-storage facilities and bare land), *RepWest Insurance Company (which provides optional insurance for customers renting U-Haul vehicles and self-storage space), and *Oxford Life Insurance Company (which provides annuities, life insurance, and Medicare supplement insurance for senior adults). The Shoen family (heirs of founder Sam Shoen) currently owns, both directly and indirectly, about 55 percent of AMERCO. U ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Leonard Shoen
Leonard Samuel Shoen (February 29, 1916 – October 4, 1999) was an American entrepreneur who founded the U-Haul truck and trailer organization in Ridgefield, Washington. After growing up in the farm belt during the Great Depression, he envisioned the market for rental vehicles for families who wished to avoid the expense of professional transfer and storage companies and move around the country. Early life Shoen (pronounced "shown") was born on February 29, 1916, in McGrath, Minnesota, to Sophie (née Appert) and Samuel J. Shoen. His father moved the family to Oregon in 1923 to farm in the Willamette Valley near Shedd. His father was ethnically Scottish and English; his mother was of Swiss and French descent. Shoen worked his way through Oregon State University by running a chain of beauty parlors and barber shops in Corvallis and nearby Albany, and later at Camp Adair north of Corvallis and at the Hanford Reservation in Washington. Sam earned a B.Sc. in General Science (a p ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Joe Shoen
Edward Joseph Shoen (born March 28, 1949) is an American businessman. He is the president, chairman, and chief executive officer (CEO) of AMERCO, the holding company of U-Haul International. Early life Joe Shoen is the son of the U-Haul founder Leonard Shoen. He was raised in Phoenix, Arizona. He is a graduate of the College of the Holy Cross and holds an MBA from Harvard University. In December 2013, he was estimated to have a net worth of $767 million.
December 5, 2013


Career

In May 2015, Bloomberg reported that Amerco's surging stock price made Shoen a billionaire, joining his brother,

Edward "Joe" Shoen
Edward Joseph Shoen (born March 28, 1949) is an American businessman. He is the president, chairman, and chief executive officer (CEO) of AMERCO, the holding company of U-Haul International. Early life Joe Shoen is the son of the U-Haul founder Leonard Shoen. He was raised in Phoenix, Arizona. He is a graduate of the College of the Holy Cross and holds an MBA from Harvard University. In December 2013, he was estimated to have a net worth of $767 million.
December 5, 2013


Career

In May 2015, Bloomberg reported that Amerco's surging stock price made Shoen a billionaire, joining his brother,

Russell 1000
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weighted average market capitalization of $608.1 billion and a median market capitalization of $15.1 billion. , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The ticker symbol is ^RUI. There are several exchange-traded funds and mutual funds that track the index. Record values Annual returns Top sectors by weight *Technology *Consumer Discretionary * Health Care *Industrials *Financial services Top 10 holdings *Apple () *Microsoft () *Amazon () *Alphabet (Class A) () * Tesla () *Alphabet (Class C) () * Meta () *Nvidia () *Berkshire Hathaway () *UnitedHealth Group () (as of Dece ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Self Storage
Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals. When discussing why a storage space is rented, industry experts often refer to "4Ds of life" (death, divorce, downsizing, and dislocation; the latter can refer to either the renter relocating to another area and needing space to store items until they can be moved to the new location, or a subsequent marriage resulting in the couple having duplicate items). Description Self-storage facilities rent space on a short-term basis (often month-to-month, though options for longer-term leases are available) to individuals (usually storing household goods; nearly all jurisdictions prohibit the space from being used as a residence) or to businesses ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Autogas
Autogas or LPG is liquefied petroleum gas (LPG) used as a fuel in internal combustion engines in vehicles as well as in stationary applications such as generators. It is a mixture of propane and butane. Autogas is widely used as a "green" fuel, as its use reduces exhaust emissions by around 15% compared to petrol. One litre of petrol produces 2.3 kg of when burnt, whereas the equivalent amount of autogas (1.33 litres due to the lower density of autogas) produces only 2 kg of when burnt. CO emissions are 30% lower, compared to petrol and by 50%. It has an octane rating (MON/RON) that is between 90 and 110 and an energy content (higher heating value—HHV) that is between 25.5  megajoules per litre (for pure propane) and 28.7 megajoules per litre (for pure butane) depending upon the actual fuel composition. Autogas is the third most popular automotive fuel in the world, with approximately 16 million of 600 million passenger cars powered using the fu ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Genericized Trademark
A generic trademark, also known as a genericized trademark or proprietary eponym, is a trademark or brand name that, because of its popularity or significance, has become the generic term for, or synonymous with, a general class of products or services, usually against the intentions of the trademark's owner. A trademark is said to become ''genericized''—or, informally, to have suffered ''genericide''—when it begins as a distinctive product identifier but changes in meaning to become generic. This typically happens when the products or services which the trademark is associated with have acquired substantial market dominance or mind share, such that the primary meaning of the genericized trademark becomes the product or service itself rather than an indication of source for the product or service. A trademark thus popularised has its legal protection at risk in some countries such as the United States and United Kingdom, as its intellectual property rights in the trademark ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Livery
A livery is an identifying design, such as a uniform, ornament, symbol or insignia that designates ownership or affiliation, often found on an individual or vehicle. Livery will often have elements of the heraldry relating to the individual or corporate body feature in the livery. Alternatively, some kind of a personal emblem or badge, or a distinctive colour, is featured. The word itself derives from the French ''livrée'', meaning ''dispensed, handed over''. Most often it would indicate that the wearer of the livery was a servant, dependant, follower or friend of the owner of the livery, or, in the case of objects, that the object belonged to them. In the late medieval phenomenon of bastard feudalism, livery badges worn by the "retainers" of great lords, sometimes in effect private armies, became a great political concern in England. Etymology "In the ''Black'' Book of 1483, it was laid down that each person should receive "... for his Livery at night, half a chet loaf, o ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Trailer (vehicle)
A trailer is an unpowered vehicle towed by a powered vehicle. It is commonly used for the transport of goods and materials. Sometimes recreational vehicles, travel trailers, or mobile homes with limited living facilities where people can camp or stay have been referred to as trailers. In earlier days, many such vehicles were towable trailers. United States In the United States, the term is sometimes used interchangeably with travel trailer and mobile home, varieties of trailers and manufactured housing designed for human habitation. Their origins lay in utility trailers built in a similar fashion to horse-drawn wagons. A trailer park is an area where mobile homes are placed for habitation. In the United States trailers ranging in size from single-axle dollies to 6-axle, high, long semi-trailers are commonplace. The latter, when towed as part of a tractor-trailer or "18-wheeler", carries a large percentage of the freight that travels over land in North America. Types ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]