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    U-Haul
    Moving, self-storage, truck and trailer rental

    U-Haul

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    "Moving and storage solutions for do-it-yourself movers"

    Founded 1945 Phoenix, Arizona CEO: Joe Shoen
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    About

    U-Haul started in 1945 when Leonard Shoen and his wife Anna Mary Carty Shoen built a trailer from military surplus in Ridgefield, Washington. The idea was simple: rent out trailers so families could move their own belongings without hiring professional movers. The first trailers were painted bright orange, and the message on them read "U-Haul Co. Rental Trailers $2.00 Per Day," turning every rental into a mobile advertisement.

    Growth came fast through a clever franchising model. Shoen partnered with gas stations, letting them rent U-Haul trailers alongside fuel. This let the company expand without owning its own retail locations. By 1969, AMERCO became the public parent company, and in 2022 it changed its name to U-Haul Holding Company, reflecting that the brand is the core of the business. Today, U-Haul is headquartered in Phoenix, Arizona, and operates over 23,000 locations across the U.S. and Canada.

    Beyond trailers, U-Haul now rents trucks, offers self-storage, portable moving containers (U-Box), moving supplies, and even hitch installation. It's the largest installer of permanent trailer hitches in the automotive aftermarket. The company also runs a network of independent dealers, with more than 17,000 active dealers across the country. U-Haul's tone is practical and no-nonsense, built for do-it-yourself movers who want control and savings.

    Products & Sub-brands

    Truck rentalsTrailer rentalsSelf-storage unitsU-Box portable storageMoving boxes and suppliesTow hitches and installationMoving Help servicesU-Haul Car Share

    Frequently Asked Questions

    Who owns U-Haul?
    U-Haul is owned by U-Haul Holding Company (formerly AMERCO), a publicly traded company on the NYSE under ticker UHAL. Control is concentrated with the Shoen family, who own a significant stake through a dual-class share structure where Series A shares carry voting rights.
    Who is the CEO of U-Haul?
    Joe Shoen, son of founder Leonard Shoen, serves as Chairman and CEO. He was elected Chairman in 1986 and recently celebrated 50 years of leadership with the company.
    How much is U-Haul worth?
    U-Haul reported revenue of US$4.54 billion in fiscal year 2020 and is a Russell 1000 component on the NYSE. The company employs 19,500 people and maintains a strong balance sheet with positive free cash flow.
    U-Haul vs Penske: which is better?
    U-Haul and Penske are major national competitors in moving equipment rental. U-Haul offers the largest rental fleet and most extensive network of locations, while Penske competes on quality and availability. The choice depends on specific needs, location, and pricing.
    Is U-Haul still in business?
    Yes, U-Haul is thriving. Founded in 1945, it operates over 23,000 locations across the U.S. and Canada, serves millions of customers annually, and is publicly traded on the NYSE. It maintains the largest rental fleet in the do-it-yourself moving industry and is the third largest self-storage operator in North America.

    Keywords

    moving truckstrailer rentalself-storageU-Boxdo-it-yourself movingmoving suppliestowing equipmentU-Haul

    Sources

    Company Info

    Founded
    1945
    Founder
    Leonard Shoen
    CEO
    Joe Shoen
    Headquarters
    Phoenix, Arizona
    Industry
    Moving, self-storage, truck and trailer rental
    Parent Company
    U-Haul Holding Company
    Revenue
    4.54 billion USD (FY 2020)
    Employees
    19,500
    Ticker
    NYSE: UHAL
    Parent
    U-Haul Holding Company

    Official Website

    www.uhaul.com/

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