PHOENIX (AP) -- U-Haul International Inc., a subsidiary of Amerco, said Friday it plans to sell 13,000 moving vans by March 31, 2010.

The move comes as a result of the introduction of a new fleet of moving vans, the company said.

The targeted market for the vans being sold is small-business owners.

The company said the vans are low-mileage cargo trucks that feature low decks for easier loading and unloading.

Shares of Amerco added 76 cents, or 2.8 percent, to $27.49 in afternoon trading.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Podcast: What TheStreet's Interns Learned From Jim Cramer and Action Alerts PLUS

Podcast: What TheStreet's Interns Learned From Jim Cramer and Action Alerts PLUS

Bank of America, Tariffs and the Goldman Sachs CEO Change: Jim Cramer Rewind

Bank of America, Tariffs and the Goldman Sachs CEO Change: Jim Cramer Rewind

Goldman Sachs Really Doesn't Like Apple's Stock

Goldman Sachs Really Doesn't Like Apple's Stock

Lee Munson on the Market, Trade and the Possibility of a Recession

Lee Munson on the Market, Trade and the Possibility of a Recession

Buy These 3 Killer Tech Stocks, Says Wall Street's #1 Analyst

Buy These 3 Killer Tech Stocks, Says Wall Street's #1 Analyst