The Corner

Economy & Business

U-Haul Literally Ran Out of Trucks Leaving California

A U-Haul truck and other vehicles travel along Interstate 10 as wind turbines generate electricity at the San Gorgonio Pass Wind Farm near Palm Springs, Calif., February 27, 2019. (Robert Alexander/Getty Images)

U-Haul put out its annual review of interstate moves in 2021, and Texas and Florida were the big inbound winners:

No state netted more U-Haul® customers during the last year than Texas. The Lone Star State earned bragging rights as the leading growth state of 2021, narrowly besting Florida for tops honors, according to transactional data compiled for the annual U-Haul Growth Index. Tennessee ranks third, South Carolina fourth and Arizona fifth among the top growth states. Growth states are calculated by the net gain of one-way U-Haul trucks entering a state versus leaving that state in a calendar year. Migration trends data is compiled from well over 2 million one-way U-Haul truck customer transactions that occur annually.

California, however, bled outbound citizens so badly, it broke U-Haul’s ability to measure — because the company ran out of trucks to rent:

California is 50th and Illinois 49th on the list for the second consecutive year, indicating those states once again witnessed the largest net losses of one-way U-Haul trucks. . . . California remained the top state for out-migration, but its net loss of U-Haul trucks wasn’t as severe as in 2020. That can be partially attributed to the fact that U-Haul simply ran out of inventory to meet customer demand for outbound equipment. [Emphasis added].

Via Craig Bannister at CNS News.

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