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OnTrac
OnTrac (formerly LaserShip) is a last-mile delivery company that services the continental United States. Founded in 1986 as LaserShip, the company is based in Vienna, Virginia, and has sorting centers in 31 states.
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion. The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.
LaserShip began as a document delivery service in 1986. In the 1990s, LaserShip landed in the small parcel business during the dot-com boom. In 1999, the company partnered with Barnes & Noble to provide same-day shipping services in New York City.
In March 2014, LaserShip added four states to its service area: New Hampshire, Rhode Island, West Virginia and Delaware. This expanded the LaserShip footprint by 44 percent, reaching an additional 8.5 million consumers. Also in March 2014, LaserShip acquired Cleveland-based last-mile delivery company Prestige Delivery Systems, further expanding services to Ohio, Kentucky, Michigan and Indiana.
As of 2016, LaserShip had 63 distribution centers and four sorting centers servicing 22 states and Washington, D.C., and handled deliveries for Amazon's Same Day Service.
In April 2019, LaserShip was awarded the International Supply Chain Protection Organization (ISCPO) Carrier Certification; the company has also achieved compliance with ISCPO Carrier Security Requirements.
In early 2018, the company was purchased by private equity firm Greenbriar Equity Group.
In May 2021, LaserShip expanded into Tennessee, opening three new branches in Memphis, Knoxville, and Nashville. This expansion added 979 new zip codes, an 18 percent increase of their delivery coverage.
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OnTrac
OnTrac (formerly LaserShip) is a last-mile delivery company that services the continental United States. Founded in 1986 as LaserShip, the company is based in Vienna, Virginia, and has sorting centers in 31 states.
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion. The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.
LaserShip began as a document delivery service in 1986. In the 1990s, LaserShip landed in the small parcel business during the dot-com boom. In 1999, the company partnered with Barnes & Noble to provide same-day shipping services in New York City.
In March 2014, LaserShip added four states to its service area: New Hampshire, Rhode Island, West Virginia and Delaware. This expanded the LaserShip footprint by 44 percent, reaching an additional 8.5 million consumers. Also in March 2014, LaserShip acquired Cleveland-based last-mile delivery company Prestige Delivery Systems, further expanding services to Ohio, Kentucky, Michigan and Indiana.
As of 2016, LaserShip had 63 distribution centers and four sorting centers servicing 22 states and Washington, D.C., and handled deliveries for Amazon's Same Day Service.
In April 2019, LaserShip was awarded the International Supply Chain Protection Organization (ISCPO) Carrier Certification; the company has also achieved compliance with ISCPO Carrier Security Requirements.
In early 2018, the company was purchased by private equity firm Greenbriar Equity Group.
In May 2021, LaserShip expanded into Tennessee, opening three new branches in Memphis, Knoxville, and Nashville. This expansion added 979 new zip codes, an 18 percent increase of their delivery coverage.