Company Overview

U-Haul Holding Company is a U.S.-based holding company primarily engaged in the do-it-yourself moving and storage industry, as well as related services in self-storage, moving equipment rental, and insurance. Through its operating subsidiaries, the company provides truck and trailer rentals, portable storage units, moving supplies, and storage solutions to individual consumers and small businesses. Its core revenue drivers are truck and trailer rentals, self-storage rentals, and sales of moving-related products and services.

The company’s principal operating subsidiary, U-Haul International, Inc., is one of the largest providers of consumer moving and storage services in North America, with a broad retail network and a large owned fleet. A key strategic advantage is its extensive asset base—particularly trucks, trailers, and self-storage properties—combined with a vertically integrated model that includes equipment manufacturing and insurance services. The company traces its origins to 1945, when it was founded as U-Haul by Leonard Shoen, and it has evolved from a pure truck rental business into a diversified moving and storage platform over multiple decades.

Business Operations

U-Haul Holding Company generates revenue primarily through three major business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment is the dominant contributor and includes truck, trailer, and towing device rentals, self-storage rentals, U-Box portable storage services, and sales of moving supplies. This segment also encompasses ownership and operation of a large self-storage real estate portfolio across the United States and Canada.

The company operates predominantly in North America, with the majority of revenues generated in the United States. Key subsidiaries include U-Haul International, Inc., Amerco Real Estate Company, Repwest Insurance Company, and Oxford Life Insurance Company. U-Haul controls significant proprietary assets, including a fleet of trucks and trailers, self-storage facilities, and manufacturing capabilities for moving equipment, which supports cost control and operational scale.

Strategic Position & Investments

Strategically, U-Haul Holding Company focuses on expanding its self-storage footprint, optimizing fleet utilization, and investing in technology to enhance customer self-service and logistics efficiency. The company has consistently invested capital in acquiring, developing, and expanding self-storage facilities, which management views as a stable, long-term revenue stream complementary to moving services.

The company also maintains strategic investments through its insurance subsidiaries, particularly Repwest Insurance Company and Oxford Life Insurance Company, which underwrite policies related to moving activities and manage long-duration investment portfolios. Emerging initiatives include increased automation at rental locations, digital reservation platforms, and continued investment in environmentally efficient fleet upgrades, although the pace and financial impact of these initiatives are subject to operational and market conditions.

Geographic Footprint

U-Haul Holding Company is headquartered in Phoenix, Arizona, and operates an extensive network across the United States and Canada. Its market presence spans all 50 U.S. states and all Canadian provinces, supported by company-owned facilities and a large network of independent dealers.

While the company does not have significant operating businesses outside North America, its geographic footprint within the continent is broad and dense, giving it substantial market penetration in both urban and rural areas. International exposure beyond North America is limited, and the company’s operational influence remains primarily domestic.

Leadership & Governance

U-Haul Holding Company is controlled by the Shoen family, descendants of founder Leonard Shoen, who retain significant voting power. The company emphasizes long-term asset ownership, disciplined capital allocation, and decentralized operational management as part of its leadership philosophy.

Key executives include:

• Edward J. Shoen – President and Chairman of the Board
• Jason A. Berg – Chief Financial Officer
• Timothy R. Kollat – Chief Accounting Officer
• John L. Taylor – President, U-Haul International, Inc.

The leadership team’s strategic vision centers on maintaining market leadership in moving and storage through asset investment, operational efficiency, and conservative financial management, as reflected in disclosures in SEC filings and investor communications.