OnTrac

OnTrac Final Mile
FormerlyLaserShip
IndustryLast mile (transportation)
Founded1986; 38 years ago (1986)
HeadquartersVienna, 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
ServicesRegional carrier
Ground Service
Same-day Service
Weekend Delivery
Websiteontrac.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]

  1. ^ "Parcel - May/June 2015". Nxtbook.com. Retrieved December 15, 2017.
  2. ^ Bhattarai, Abha (April 13, 2014). "LaserShip looks to expand to the midwest". The Washington Post. Retrieved July 31, 2014.
  3. ^ Stevens, Laura; Benoit, David (November 12, 2013). "Activist Investor Daniel Loeb Takes FedEx Stake". The Wall Street Journal. Retrieved July 31, 2014.
  4. ^ "Hot Companies 2013". Parcel Magazine. July–August 2013. Retrieved July 31, 2014.
  5. ^ Pack, Natalie (August 2, 2023). "OnTrac". OnTrac. Retrieved October 5, 2023.
  6. ^ 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.
  7. ^ 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.