U-Haul is an American moving
truck
A truck or lorry is a motor vehicle designed to transport cargo, carry specialized payloads, or perform other utilitarian work. Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame constructi ...
,
trailer, and
self-storage rental
Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for ...
company, based in
Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the capital and most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the fifth-most populous city in the United States, and the o ...
, that has been in operation since 1945. The company was founded by
Leonard Shoen in
Ridgefield, Washington
Ridgefield is a city in northern Clark County, Washington. The population was 10,319 at the time of the 2020 census, up from 4,763 in 2010, making it the fastest growing city in the state of Washington.
Located within the Portland metropolit ...
, who began it in the
garage owned by his wife's family, and expanded it through franchising with
gas station
A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel.
Gasol ...
s.
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-Haul rents
truck
A truck or lorry is a motor vehicle designed to transport cargo, carry specialized payloads, or perform other utilitarian work. Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame constructi ...
s,
trailers, and other pieces of