U-Haul Holding Company is the parent company of U-Haul International, the world's largest consumer truck and trailer rental company. U-Haul is also the third largest self-storage operator in North America. U-Haul benefited in a leveraged manner from the increase in demand for self-moving services during the pandemic. The truck rental business is moderating slightly but remains above pre-pandemic levels. Management continues to expand capacity in the self-storage area and management has recently increased the FY2025 capex budget for the self-moving equipment segment.
