U-Haul Closes Repair Shop in San Bernardino After 54 Years
The U-Haul® repair shop at 891 S. Arrowhead Ave. has closed after servicing regional moving equipment since 1971.
Repair operations and routine maintenance at the facility ceased in late June. As a result of the repair shop closing, 37 Team Members were let go.
U-Haul will maintain ownership of its S. Arrowhead property, which houses the U-Haul Company of San Bernardino regional offices. The repair shop will be repurposed as U-Box ® of San Bernardino, a 30,000-square-foot warehouse that can store up to 2,500 of the Company's popular portable moving containers.
U-Haul rental equipment in the region will soon be serviced at 1235 E. Baseline St. in San Bernardino, site of a new repair shop that is set to begin operations on July 28.
Local U-Haul Companies are always exploring opportunities for growth as they pursue means to better serve the needs of customers, but sometimes find it necessary to close or relocate stores, shops, offices and services. Reasons for closures can include: long-term strategic plans; safety and security concerns; physical site conditions and limitations; shifts in demographics; availability of local Team Members; trends in migration; expansion of the U-Haul neighborhood dealer network; proximity to other new or existing Company locations; and external factors.
About U-HAUL
Celebrating our 80th anniversary in 2025, U-Haul is the No. 1 choice of do-it-yourself movers with more than 24,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to 193,900 trucks, 138,200 trailers and 40,300 towing devices. U-Haul is the third largest self-storage operator in North America and offers 1,060,000 rentable storage units and 92.0 million square feet of self-storage space at owned and managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
40 minutes ago
- Business Wire
Kodiak Gas Services Announces Second Quarter 2025 Earnings Release and Conference Call Schedule
THE WOODLANDS, Texas--(BUSINESS WIRE)--Kodiak Gas Services, Inc. (NYSE: KGS), ("Kodiak" or the "Company"), a leading provider of critical energy infrastructure and contract compression services, today announced that it will release second quarter 2025 financial results on Wednesday, August 6, 2025, after the market closes. In conjunction with the release, the Company has scheduled a conference call and webcast on Thursday, August 7, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). A telephonic replay will be available through August 21, 2025 and may be accessed by dialing 877-660-6853 and using access code 13754997. A replay of the webcast will be available shortly after the call at for 180 days. About Kodiak Kodiak is a leading contract compression services provider in the United States, serving as a critical link in the infrastructure that enables the safe and reliable production and transportation of natural gas and oil. Headquartered in The Woodlands, Texas, Kodiak provides contract compression and related services to oil and gas producers and midstream customers in high–volume gas gathering systems, processing facilities, multi-well gas lift applications and natural gas transmission systems.
Hamilton Spectator
an hour ago
- Hamilton Spectator
Altai Announces Filing of Meeting Materials for Special Meeting of Shareholders
TORONTO, July 31, 2025 (GLOBE NEWSWIRE) — Altai Resources Inc. (TSXV: ATI) ('Altai' or the 'Company') announced today that it has filed a management information circular (the 'Circular') and related meeting materials (together with the Circular, the 'Meeting Materials') in connection with a special meeting (the 'Meeting') of shareholders of the Company (the 'Shareholders') to be held on September 3, 2025 to consider and, if deemed advisable, approve, with or without variation, a special resolution authorizing and approving a reduction of the stated capital account of the common shares of the Company (the 'Common Shares') by an aggregate amount to be determined by the board of directors of the Company from time to time up to a maximum cumulative total amount of $4,000,000 pursuant to Section 34(1)(b) of the Business Corporations Act (Ontario) for the purposes of distributing such amount to holders of Common Shares by way of a return of capital in one or more special cash distribution(s), all as more particularly described in the Circular. Shareholders are encouraged to read the Meeting Materials, which have been filed on SEDAR+ and can be viewed at under the Company's profile. The Meeting Materials will be mailed in due course to the Shareholders entitled to vote at the Meeting. ABOUT THE COMPANY Altai Resources Inc. is a Toronto, Ontario based resource company with a producing oil property in Alberta, an exploration gold property in Quebec, and a Canadian investment portfolio comprised of cash and cash equivalents. Additional information about the Company is available on SEDAR+ at and on the Company's website at . For further information, please contact: Kursat Kacira, Chairman & CEO/President T: (647) 282-8324, E: kursatkacira@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Hamilton Spectator
an hour ago
- Hamilton Spectator
ERES Provides Update on Previously Disclosed Disposition, Announces €53 Million in Additional Dispositions and Distribution Update
TORONTO, July 31, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust ('ERES' or the 'REIT') (TSX: announced today an update on the expected timing of its previously disclosed disposition, and its anticipated special distribution, as disclosed in its press release dated April 2, 2025. ERES also announced approximately €52.8 million in additional strategic dispositions, and an intention to cease its regular monthly distributions. All amounts disclosed herein exclude transaction costs and other adjustments. Previously Disclosed Disposition As previously disclosed on April 2, 2025, a subsidiary of ERES has entered into an agreement with an affiliate of Fortress Investment Group (the 'Fortress Affiliate') to sell entities owning 1,446 residential suites in the Netherlands for aggregate proceeds, net of an adjustment for deferred taxes and other adjustments, of approximately €337.3 million (the 'Previously Disclosed Disposition'). The Fortress Affiliate has represented to ERES that an investor group which includes funds managed by affiliates of Fortress Investment Group will be the beneficiary of the acquisition. The Fortress Affiliate has notified ERES of an expected closing date of September 15, 2025. Additional Dispositions ERES also announced that, through certain of its subsidiaries: There can be no assurance that all requirements for closing of any of the pending dispositions will be obtained, satisfied or waived, nor that the pending dispositions will be completed on the timeframes disclosed herein. ERES is continuing to work with its financial and real estate advisors in connection with the sale process for the balance of the portfolio, and will announce further updates regarding or arising from the sale process at a later date. Special Distribution Subject to completion of the Previously Disclosed Disposition and Commercial Dispositions in accordance with the terms and timing described above, ERES intends to declare a special distribution of an estimated €0.90 per REIT unit ('Unit') and exchangeable Class B LP unit of ERES Limited Partnership ('Class B LP Unit') (equivalent to an estimated C$1.43 based on the foreign exchange rate of 1.58 on July 30, 2025), payable in cash to holders of the Units and Class B LP Units ('Unitholders') of record at the close of business on September 22, 2025, with payment on September 25, 2025 (the 'Special Distribution'). The incremental capital being received from the Commercial Dispositions has provided the REIT with the opportunity to responsibly increase the amount of the Special Distribution, as compared to the estimated €0.80 per Unit that was previously provided in its press release. For Canadian income tax purposes, the Special Distribution is estimated to be comprised of a return of capital in the range of approximately 60-70%. It is expected that the Toronto Stock Exchange will implement its 'due bill' trading procedures with respect to the Special Distribution. Further details regarding the Special Distribution, if declared, will be provided at a later date. The Special Distribution has not yet been declared and there can be no assurance as to the timing, quantum or composition for Canadian income tax purposes of any such distribution. Cessation of Monthly Distribution Given the REIT has disposed of or has entered into agreements to dispose of approximately two-thirds of its portfolio since the start of the year along with the ongoing sale process for the balance of the portfolio, the Board of Trustees intends to cease ERES's regular monthly cash distributions, subject to completion of the Previously Disclosed Disposition. The REIT intends to make the decision in line with its commitment to maximize returns for Unitholders, with a view to executing on this objective through its value-surfacing disposition strategy and prudent financial management. Subject to completion of the Previously Disclosed Disposition, the anticipated final regular monthly distribution is to be declared in August 2025, with payment in September 2025. ABOUT ERES ERES is an unincorporated, open-ended real estate investment trust. ERES's Units are listed on the TSX under the symbol ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands. As at March 31, 2025, ERES owned 2,594 residential suites and ancillary retail space located in the Netherlands, and owned one commercial property in Germany and one commercial property in Belgium, with a total fair value of approximately €729.1 million. For more information about ERES, its business and its investment highlights, please visit our website at and our public disclosure which can be found under our profile on SEDAR+ at . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this press release constitute forward-looking information ('forward-looking information') within the meaning of applicable Canadian securities laws, which reflect ERES's current expectations and projections about future results. Forward-looking information generally can be identified by the use of forward-looking terminology such as 'outlook', 'objective', 'may', 'will', 'expect', 'intent', 'estimate', 'anticipate', 'believe', 'consider', 'should', 'plans', 'predict', 'estimate', 'forward', 'potential', 'could', 'likely', 'approximately', 'scheduled', 'forecast', 'variation' or 'continue', or similar expressions suggesting future outcomes or events. The forward-looking information in this press release relates only to events or information as of the date on which the statements are made in this press release. Actual results and developments may differ, and may differ materially, from those expressed or implied by the forward-looking information contained in this press release. Any number of factors could cause actual results to differ materially from this forward-looking information. Although ERES believes that the expectations reflected in forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Such forward-looking information is based on a number of assumptions that may prove to be incorrect, including with regards to the satisfaction of closing conditions with respect to the pending dispositions, the expected completion and timing of the pending dispositions, the intended use of proceeds from the pending dispositions, the amount, timing and composition of the Special Distribution, the use of due bills, the sale process and the cessation of regular monthly distributions. Accordingly, readers should not place undue reliance on forward-looking information. Forward looking information in this press release is subject to certain risks and uncertainties that could result in actual results differing materially from this forward-looking information. Risks and uncertainties pertaining to ERES are more fully described in regulatory filings that can be obtained on SEDAR+ at . Except as specifically required by applicable Canadian securities law, ERES does not undertake any obligation to update or revise publicly any forward-looking information, whether as a result of new information, future events or otherwise, after the date on which the information is provided or to reflect the occurrence of unanticipated events. This forward-looking information should not be relied upon as representing ERES's views as of any date subsequent to the date of this press release. For more information, please contact:
