US regional last-mile delivery company
OnTrac Final Mile Formerly LaserShip Industry Last mile (transportation) Founded 1986; 38 years ago (1986 ) Headquarters Vienna, Virginia , U.S. Number of locations
64 facilities (2018) 4 sortation centers (2018) Area served
United States Key people
Mark Holifield, CEO Scott P. Nelson, COO Services Regional carrier Ground Service Same-day Service Weekend Delivery Website ontrac .com
OnTrac (formerly LaserShip ) is a last-mile delivery company that services the continental United States .[ 1] [ 2] [ 3] [ 4] Founded in 1986 as LaserShip, the company is based in Vienna, Virginia and has sorting centers in 31 states.[ 5]
In 2021 LaserShip acquired west coast delivery service OnTrac Logistics, Inc. for $1.3 billion, equivalent to $1.46 billion in 2023.[ 6] The two entities merged their delivery networks to form a transcontinental delivery network and rebranded their combined services to OnTrac.[ 7]
^ "Parcel - May/June 2015" . Nxtbook.com. Retrieved December 15, 2017 .
^ Bhattarai, Abha (April 13, 2014). "LaserShip looks to expand to the midwest" . The Washington Post . Retrieved July 31, 2014 .
^ Stevens, Laura; Benoit, David (November 12, 2013). "Activist Investor Daniel Loeb Takes FedEx Stake" . The Wall Street Journal . Retrieved July 31, 2014 .
^ "Hot Companies 2013" . Parcel Magazine . July–August 2013. Retrieved July 31, 2014 .
^ Pack, Natalie (August 2, 2023). "OnTrac" . OnTrac . Retrieved October 5, 2023 .
^ 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF) . American Antiquarian Society . 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF) . American Antiquarian Society . 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–" . Retrieved February 29, 2024 .
^ Smith, Jennifer (October 13, 2021). "LaserShip Is Buying Package Carrier OnTrac in a $1.3 Billion Deal" . Wall Street Journal . ISSN 0099-9660 . Retrieved November 16, 2023 .