When I ran the connecting rod reconditioning department at a big machine shop in Nashville, we stored crankshafts in a steel rack, hanging by the flywheel flange, but it was mostly for space saving- - - - -50 or more crankshafts in stock at a time, including Cummins Diesel shafts about 5 feet long. I think the old myth about a shaft bending if stored flat is a bunch of hogwash!
Jerry