LaserShip

Originally founded as LaserShip in 1986 in Vienna, Virginia, the company now operates as OnTrac, a major player in the last-mile e-commerce delivery market across the continental United States. The company began as a document delivery service and pivoted to small parcel delivery during the 1990s dot-com boom, securing Barnes & Noble as its first e-commerce client in 1999 for same-day book deliveries in New York City.

A significant milestone occurred in October 2021 when LaserShip acquired West Coast-based OnTrac Logistics for $1.3 billion. This merger combined LaserShip's East Coast network with OnTrac's West Coast footprint, creating a transcontinental delivery service to compete with national carriers. By April 2023, the unified company officially rebranded under the OnTrac name. The company is owned by private equity firms American Securities and Greenbriar Equity Group, which acquired LaserShip in early 2018.

OnTrac provides residential and commercial delivery services, specializing in last-mile solutions for e-commerce retailers. Its business model focuses on providing a faster and more cost-effective alternative to national carriers like UPS and FedEx for ground and next-day shipping. The company operates a hub-and-spoke network of over 100 facilities and sort centers, enabling it to reach approximately 70% of the U.S. population across 35 states and Washington, D.C. Services include seven-day-a-week delivery, real-time package tracking, and visual proof of delivery.

Keywords: last-mile delivery, e-commerce shipping, transcontinental carrier, parcel delivery, residential delivery, logistics solutions, regional shipping, ground delivery, supply chain management, next-day delivery, courier services, package tracking, freight forwarding, warehouse distribution, commercial delivery, shipping carrier, e-commerce logistics, two-day shipping, seven-day delivery, parcel carrier