Amerco
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Industrials : Road & Rail | Mid Cap Blend
Company profile

AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc. (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites. The Company operates through three segments: Moving and Storage; Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the operations of AMERCO, U-Haul and Amerco Real Estate Company, and the subsidiaries of U-Haul and Real Estate. The Property and Casualty Insurance segment consists of the operations of Repwest Insurance Company and its subsidiaries, and ARCOA Risk Retention Group. The Life Insurance segment consists of the operations of Oxford Life Insurance Company and its subsidiaries.

Price
Delayed
$302.45
Day's Change
7.25 (2.45%)
Bid
--
Ask
--
B/A Size
--
Day's High
303.15
Day's Low
297.42
Volume
(Light)

Today's volume of 12,848 shares is on pace to be much lighter than UHAL's 10-day average volume of 41,291 shares.

12,848

FedEx Rapidly Deploys the Okta Identity Cloud to Secure its Remote and Essential Workforce

4:10 pm ET May 28, 2020 (BusinessWire) Print

Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced FedEx (NYSE: FDX) has successfully implemented the Okta Identity Cloud to securely enable its global workforce of essential employees to remotely access the critical applications required to successfully deliver goods and services to customers during the COVID-19 pandemic. Okta also announced new and expanded partnerships with customers including Australian Red Cross, Moody's, Mouvement Edouard Leclerc, Parsons, Servus Credit Union, State of Illinois, T-Mobile, Workday, and Zoom.

"As organizations adapt to support their employees and customers during these unprecedented times, we are here to help keep them secure and productive," said Todd McKinnon, Chief Executive Officer and co-founder, Okta. "FedEx's rapid implementation showcases the tremendous value of having the Okta Identity Cloud as a part of their security strategy. We were proud to enable FedEx's workforce to seamlessly and securely access the critical tools they need to do their job successfully."

Consistently ranked among the world's most admired companies, FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services.

As the company continues to deliver goods and services, it recognized the need to further secure and streamline access to critical applications for its essential and newly remote workforce.

When FedEx initially decided to standardize identity across its organization with the Okta Identity Cloud, it planned to take a phased deployment approach, connecting key applications and rolling them out to groups of employees over time. In light of the COVID-19 pandemic, as the company moved quickly to enable remote work for its office workers and adapt to an increase in customer demand, it accelerated the deployment. With the Okta Identity Cloud, more than 85,000 team members were quickly and securely able to access the company's VPN. And, in the course of just a couple of days, FedEx worked with Okta to provide team members across the enterprise with quick and secure access to the cloud technologies they need to be successful, such as Microsoft Office 365, ServiceNow, Zoom, and Salesforce. FedEx is leveraging Okta Single Sign-On, Adaptive Multi-Factor Authentication and Universal Directory, and currently has more than 250 cloud applications securely accessible by employees through the Okta Identity Cloud. With the support of the Okta Identity Cloud, FedEx is taking a Zero Trust approach to securing its workforce while streamlining processes, enabling the company to securely and productively meet customer needs.

"At FedEx, we know that a connected world is a better world. That belief guides everything we do, including implementing the tools and technologies to support our workers during these challenging times. Protecting the data of our customers and team members is a primary focus for us. We implemented the Okta Identity Cloud to securely connect our team to the applications they need to successfully and efficiently deliver goods and services," said Gene Sun, Chief Information Security Officer, FedEx. "We are very thankful for the extraordinary effort and collaboration between FedEx and the Okta team to make this happen under pressure and with extreme time constraints. Together, we are supporting our employees and customers during this challenging time."

In its first quarter of fiscal year 2021, Okta grew its total customers to more than 8,400 organizations. This customer growth is part of continued momentum for the company, which includes recent product innovation and announcements made at Oktane20 Live, Okta's annual conference, which had 20,000 registrants. During the event, Okta announced Okta Platform Services, Okta Workflows, and Okta Devices, as well as a $10 million philanthropic commitment from Okta for Good and the launch of the Nonprofit Technology Initiative.

About Okta

Okta is the leading independent provider of identity for the enterprise. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With over 6,500 pre-built integrations to applications and infrastructure providers, Okta customers can easily and securely use the best technologies for their business. Over 8,400 organizations, including JetBlue, Nordstrom, Slack, Teach for America and Twilio, trust Okta to help protect the identities of their workforces and customers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200528005810/en/

SOURCE: Okta, Inc.

Lindsay Life
press@okta.com

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