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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.
U-Haul did not alter its policies regarding the renting of trailers to persons planning to tow behind the Mercury Mountaineer, Mazda Navajo or earlier versions of the Lincoln Aviator, which are all mechanically identical to the Ford Explorer. [110] In mid-2013, U-Haul began allowing Ford Explorers of model year 2011 and newer to tow their trailers.
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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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.
The study, Towing Troubles included responses from trailer owners across the country and found that while the majority of trailer owners believe they know what they are doing when it comes to towing, most were lacking the proper education. Master Lock reported that 70 percent of trailer owners did not fully know the correct way to tow their cargo.
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