u-haul corporate address Archives

AMERCO is a holding company, with its principal subsidiary U-Haul. The company’s history is the history of U-Haul.

Leonard Shoen and his wife Ana Mary Carty had the idea for U-Haul when they were unable to move their belongings to Portland, Oregon from Los Angeles. The couple decided to start a business that would allow for people to rent moving vehicles that could be picked up in one location and dropped off in another.

Today the Shoen continues to control 40% of the company through the holding company AMERCO.

AMERCO sells packing supplies and rents trucks, trailers, and moving devices through 17,400 independent dealers and 1,550 company-owned and operated centers throughout the United States and Canada. The company also offers self-storage facilities, life insurance, property and casual insurance, and annuities through its subsidiaries.

AMERCO trades publicly on the NASDAQ under the ticker symbol UHAL, is #822 in the Fortune 1000, has 10,935 employees, and had $3.03 billion in revenue in 2014.

AMERCO

AMERCO is a holding company, with its principal subsidiary U-Haul. The company’s history is the history of U-Haul.

Today the Shoen continues to control 40% of the company through the holding company AMERCO.

History

AMERCO trades publicly on the NASDAQ under the ticker symbol UHAL, is #822 in the Fortune 1000, has 10,935 employees, and had $3.03 billion in revenue in 2014.

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.

U-Haul

U-Haul was founded by Leonard Shoen in 1945 in Ridgefield, Washington. Shoen built rental trailers in his garage and partnered with gas stations to rent them.

By 1955, there were over 10,000 U-Haul trailers in operation.

History

In 1967, the U-Haul headquarters is moved to Phoenix, Arizona.

In 1974, the company launches its own retail centers.

In 1986, Shoen’s sons, Mark and Joe complete a hostile takeover of the company.

In 1988, Leonard and a group of investors fail to regain control of the company.

In 1994, a lawsuit resulting from the 1988 incident is settled. A judgment for almost $1.5 billion is levied against Joe and Mark.

In 2003, AMERCO, U-Hauls holding company, files for Chapter 11 bankruptcy.

In 2004, the company emerges from bankruptcy.

The company recovers and in 2017, is on track to set record profits.

Today, U-Haul is one of the largest moving and storage companies in the US, with revenue in 2006 of more than $4 billion.

u-haul corporate address

AMERCO Corporate Office

History

U-Haul Corporate Office

History