U-Haul is an American moving truck, trailer, and self-storage rental company based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty Shoen in Ridgefield, Washington, where they began the business in a garage owned by Carty’s family and expanded it through franchising with gas stations. U-Haul now serves do-it-yourself movers across all 50 United States and 10 Canadian provinces, offering a network of more than 25,000 locations.

The company’s fleet includes approximately 203,800 trucks, 137,400 trailers, and 45,900 towing devices, along with over 1,126,800 rentable storage units and more than 98 million square feet of storage space at owned and managed facilities throughout North America. U-Haul is recognized as the consumer’s number one choice and the largest installer of permanent trailer hitches in the automotive aftermarket industry.

Since its founding in the summer of 1945, U-Haul has been the first choice for do-it-yourself movers, generating $5.83 billion in revenue in fiscal year 2025. The company sits at a unique intersection of logistics, commercial real estate, and consumer services, with an asset base exceeding $20.5 billion and more than 80 years of dealer network development creating significant barriers to entry.

U-Haul continues to grow its self-storage footprint, having doubled it in five years, and has converted more than 120 dead Kmart locations into productive commercial assets through its adaptive reuse program. This model has significant implications for the ongoing retail-to-industrial/storage conversion wave in commercial real estate.