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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] |
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] |
Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Although crowdfunding has been suggested to be highly li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Parcel Service
United Parcel Service (UPS, stylized as ups) is an American multinational corporation, multinational package delivery, shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown to become a Fortune 500 company and one of the world's largest shipping couriers. UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses. In addition, UPS offers Air cargo, air shipping on an overnight or two-day basis and delivers to post office boxes through UPS SurePost, a subsidiary that passes on packages to the United States Postal Service for Last mile (transportation), last-mile delivery. UPS is the largest courier company in the world by revenue, with annual revenues around US$85 billion in 2020, ahead of competitors DHL and FedEx. UPS' main international hub, UPS Worldport i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PODS (company)
PODS, or Portable On Demand Storage, is a moving and storage company. It was founded in 1998 and is based in Clearwater, Florida. PODS is owned by the Ontario Teachers' Pension Plan. History PODS was founded in 1998 by Peter Warhurst who was looking to expand his family's storage business. He invented PODS containers, as well as a hydraulic lift system that enables operators to easily deliver and transport the units, which he named ''PODZILLA''. In 2003, PODS received an equity investment of $15M from the Hunt Private Equity Group, along with a $25M senior credit facility from Congress Financial Corp. In 2005, PODS grossed over $200 million in revenue, and was still privately owned. By then, the company was franchised in 45 states, and logged 2,500 pickups and deliveries a day. Between 2005 and August 2009, PODS service expanded to include 48 states, as well as Australia and Canada. In February 2007, PODS was acquired by Bahrain-based investment firm Arcapita for $ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Shoen
Mark V. Shoen (born 1951) is an American billionaire businessman and vice-president of the moving equipment and storage rental company U-Haul, which was founded by his father. Shoen is also the largest shareholder in its parent company, Amerco. __NOTOC__ Early life Shoen was born in Phoenix the son of Leonard Shoen and Anna Carty. Career Shoen is the largest shareholder in Amerco, the parent company of U-Haul, which is North America’s biggest moving and storage company. According to ''Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...'', Shoen has a net worth of $2.7 billion, as of October 2020. Personal life Shoen is married with one child and lives in Phoenix, Arizona. References 1951 births Living people American billionaires Businesspeople from Phoenix, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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.Bloomberg: "Hidden U-Haul Billionaire Emerges With Storage Empire" By Brendan Coffey December 5, 2013 Career In May 2015, Bloomberg reported that Amerco's surging stock price made Shoen a billionaire, joining his brother, |
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] |
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] |
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] |
