U-Haul, founded by a World War II Navy veteran and his wife, recently marked its 80th anniversary by ringing the closing bell at the New York Stock Exchange. The event underscored the company's enduring legacy of supporting military personnel and their families, particularly those who have made the ultimate sacrifice. As stated in a tweet by NYSE, "@uhaul honors our nation’s heroes and recognizes the families of those who made the ultimate sacrifice in defense of our freedoms."
The company's origins trace back to 1945 when L.S. "Sam" Shoen, a recently discharged WWII Navy veteran, and his wife, Anna Mary Carty Shoen, identified a critical need for one-way moving equipment for families relocating after the war. From this necessity, U-Haul was born, growing into a leader in the do-it-yourself moving and self-storage industry. The company's deep roots in the veteran community have shaped its values and operational ethos.
U-Haul continues to be recognized as a veteran-friendly employer, prioritizing the hiring of military members and their spouses. The company offers various support programs for its veteran team members, including mental and emotional support services, wellness initiatives, and education assistance programs. These benefits aim to ease the transition and provide ongoing support for those who have served.
A significant part of U-Haul's community outreach focuses on Gold Star families, those who have lost a loved one in military service. The company partners with Gold Star Mother Kathryn Cross on "The Tribute Journey," printing and distributing millions of custom greeting cards to veterans and active service members. U-Haul also supports annual "Tea by the Sea" events for Gold Star and Blue Star families, offering a space for remembrance and healing.
Further extending its historical tribute, U-Haul's Chairman, Joe Shoen, funded renovations to the Pearl Harbor Ford Island Control Tower, ensuring public access to the observation deck overlooking America's first WWII aviation battlefield. This initiative, alongside the company's consistent participation in Memorial Day and Veterans Day parades, reinforces its dedication to honoring the sacrifices of military personnel. U-Haul's stock is traded under the symbols $UHAL and $UHAL.B.
