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U-Haul Holding Company is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, [1] that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty in Ridgefield, Washington, who began it in a garage owned by Carty's family, and expanded it through franchising with gas stations.
A U-Haul truck in 2006. In 1945, at the age of 29, Shoen co-founded U-Haul with his wife, Anna Mary Carty (1922–1957), in Ridgefield, Washington, just north of Vancouver. Anna Mary was the mother of Shoen's first six children. The company was started with an investment of $5,000.
In the U.S., the sale of these supplemental insurance/waiver products may be regulated by each state's insurance department, and a special limited license may be required by the rental company in order to sell them. [13] The specific coverage offered can differ substantially, depending on the state or country in which the car is rented.
The dealership makes a small commission on every rental and actually pays U-Haul for the right to rent the equipment. Dealers do not pay U-Haul for the right to rent equipment. The only fee a dealer must pay is a $10.00 per month computer service fee. Also U-Haul pays an average of 22% commission across all product lines.
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Joe Shoen is the third son of U-Haul founder Leonard Shoen. [3] He was raised in Phoenix, Arizona.He attended the College of the Holy Cross, where he graduated with a Bachelor of Arts (B.A.), and then received a Master of Business Administration (M.B.A.) from Harvard Business School. [4]
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Rental counter at the Saskatoon, Canada International Airport. National was founded by 24 independent rental car agents on August 27, 1947. It had grown from 60 locations in the United States in 1947 to over 2000 locations internationally as of 2005.
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