U-Haul Wins Gold Stevie Award for Sustainability
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy UHAL?
Source: Newsfilter
- Sustainability Honor: U-Haul received the Gold Stevie Award for its U-Box Load Share program, recognized for significant customer and climate benefits, showcasing the company's leadership in environmental initiatives.
- Significant Environmental Impact: The program is projected to eliminate over 20 million miles of heavy-duty freight travel and associated CO2 emissions by 2026, reflecting U-Haul's commitment to reducing its carbon footprint and promoting sustainable logistics solutions.
- Customer Cost Savings: U-Box Load Share has generated $44.5 million in customer savings by lowering rental rates and one-way fees for U-Box customers, enhancing economic benefits and customer satisfaction.
- Addressing Industry Challenges: The program provides a community-powered alternative that alleviates the truck driver shortage, reduces shipping costs, and demonstrates U-Haul's agility in responding to market demands in today's gig economy.
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Analyst Views on UHAL
Wall Street analysts forecast UHAL stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 51.600
Low
80.00
Averages
80.00
High
80.00
Current: 51.600
Low
80.00
Averages
80.00
High
80.00
About UHAL
U-Haul Holding Company is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (U-Haul). Its primary focus is to provide its customers with a selection of moving rental equipment, convenient self-storage rental facilities and portable moving and storage units and related moving and self-storage products and services. Its segments include Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of the rental of trucks and trailers, portable moving and storage units, specialty rental items and self-storage spaces primarily to the household mover, as well as sales of moving supplies, towing accessories and propane. Its Property and Casualty Insurance segment provides loss adjusting and claims handling for U-Haul through regional offices in the United States and Canada. The Life Insurance segment provides life and health insurance products primarily for the senior market.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Sustainability Honor: U-Haul received the Gold Stevie Award for its U-Box Load Share program, recognized for significant customer and climate benefits, showcasing the company's leadership in environmental initiatives.
- Significant Environmental Impact: The program is projected to eliminate over 20 million miles of heavy-duty freight travel and associated CO2 emissions by 2026, reflecting U-Haul's commitment to reducing its carbon footprint and promoting sustainable logistics solutions.
- Customer Cost Savings: U-Box Load Share has generated $44.5 million in customer savings by lowering rental rates and one-way fees for U-Box customers, enhancing economic benefits and customer satisfaction.
- Addressing Industry Challenges: The program provides a community-powered alternative that alleviates the truck driver shortage, reduces shipping costs, and demonstrates U-Haul's agility in responding to market demands in today's gig economy.
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- Disaster Relief Initiative: U-Haul is providing 30 days of free U-Box portable storage containers to residents of the Enid community and Vance Air Force Base, aimed at facilitating recovery for those affected by the tornado that struck Thursday night.
- Tornado Impact: An EF-3 tornado touched down in Enid just before 8:30 p.m., damaging dozens of homes, particularly in the Gray Ridge neighborhood, with Governor Kevin Stitt stating that state leaders are assessing damage and mobilizing resources.
- Storage Accessibility: The 30-day free offer for new U-Box rentals is based on availability at participating locations in Stillwater and Edmond, allowing residents to tow containers to their properties at no charge, significantly reducing post-disaster storage costs.
- Long-Term Storage Options: U-Haul has also introduced a 1-Year Price Lock service, ensuring customers at 2,100 facilities have fixed rental rates for at least 12 months, further enhancing its competitive position in the North American self-storage market.
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- Disaster Relief Program: U-Haul is providing 30 days of free self-storage and U-Box container use at 49 facilities in northern Florida and southeast Georgia to assist residents affected by wildfires, ensuring the safety of their belongings during this crisis.
- Fire Impact Scope: Residents in Clay, Putnam, and Nassau counties in Florida, along with Brantley County in Georgia, are under voluntary evacuation orders as over 3,000 acres have been scorched by the merged Railroad Fire, with 31 counties under a red flag warning indicating severe drought conditions.
- Importance of Storage Solutions: Access to self-storage units and portable containers is crucial for community recovery after natural disasters, and U-Haul's free storage service provides essential support to those affected, alleviating stress during the rebuilding process.
- Long-Term Storage Options: In addition to the 30 days of free storage, U-Haul has introduced a 1-Year Price Lock service that guarantees no price increase for 12 months on rentals, further enhancing its competitive position in the self-storage market.
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- Industry Leadership Recognition: U-Haul President John "J.T." Taylor was awarded the TRALA Steve Lawrence Legacy Award on April 15 in Scottsdale, acknowledging his significant contributions to the truck renting industry, which further solidifies U-Haul's leadership in do-it-yourself moving and self-storage.
- Long-term Service and Contributions: Taylor has served on TRALA's Board of Directors for over 20 years and chaired the security committee, shaping industry safety standards, demonstrating his profound impact on industry development and steadfast support for the association.
- Career Achievements: With a 45-year career at U-Haul, Taylor has held multiple key positions and has been President since 2006, directly supporting nearly 2,000 employees, showcasing his exceptional leadership and contributions to the company's growth.
- Company Scale and Impact: U-Haul operates over 24,000 rental locations across North America, with a fleet of 203,000 trucks, making it the top choice for do-it-yourself movers, and Taylor's leadership has laid the foundation for the company's continued growth in the industry.
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- Facility Opening: U-Haul's self-storage facility in Rossford held its ribbon-cutting ceremony on March 28, marking the completion of 431 climate-controlled storage rooms and the creation of 10 jobs, enhancing local economic vitality.
- Price Lock Commitment: U-Haul introduced a 1-Year Price Lock policy, ensuring tenants will not face rent increases for the next year, which boosts customer trust and differentiates the company from competitors facing scrutiny for deceptive pricing.
- Facility Scale and Services: The new facility spans nine acres and offers 1,067 storage units along with various services, including indoor storage, a retail showroom, and hitch installation services, addressing the growing storage demand in the Rossford area.
- Community Support and Hiring: U-Haul is committed to prioritizing local hiring, especially for veterans and military members, reflecting the company's support and responsibility to the community while providing more job opportunities for residents.
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- Disaster Relief Program: U-Haul is offering 30 days of free self-storage and U-Box container usage to Hawaii residents impacted by the Kona storm, aiming to assist communities in facing the challenges posed by natural disasters and enhancing residents' sense of security and recovery capabilities.
- Widespread Facility Distribution: Currently, U-Haul operates five self-storage centers in Hawaii, located on Oahu, Maui, and the Big Island, ensuring that affected residents can conveniently access storage services, thereby increasing the company's service coverage in the region.
- Long-Term Price Lock: In addition to the free storage service, U-Haul has introduced a 1-Year Price Lock program available at 2,100 facilities across the U.S. and Canada, ensuring customers will not face price increases for a year, which enhances customer trust and loyalty.
- Community Responsibility: As an official American Red Cross Disaster Responder, U-Haul demonstrates its commitment to supporting communities during emergencies, further solidifying its leadership position in disaster relief and enhancing its brand image.
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