With the recent merger, LaserShip now has a footprint that currently covers 74% of the country, resulting in them having the capacity to begin competing with the country’s biggest parcel carriers. New Transcontinental Service with OnTrac and LaserShip Shipping As both companies saw the need for other solutions to the major carriers, FedEx and UPS, they recognized the opportunity to present small and medium-sized businesses with a more cost-effective solution that still covered a respectable portion of the country and the most highly populated metropolitan areas. and East Coast, the two companies only had 10 states outside of their coverage zone, with all of them being in the Midwest and northern Rocky Mountain states. Combined together, LaserShip’s handle on the Southern U.S. LaserShip and OnTrac MergerĪt the end of 2021, LaserShip announced that it had acquired West Coast-based parcel carrier, OnTrac, for $1.3 billion. This service would utilize both company’s regional sorting centers and expand them to allow for shipments to be transported from coast to coast, finally giving shippers an alternative to the big parcel carriers we’ve been accustomed to using for years. Then, we heard news from the newly merged companies again in July 2022 with another announcement, this time to unveil their new Transcontinental Delivery Service. In late 2021, Virginia-based LaserShip and Arizona-based OnTrac announced that they had reached a definitive agreement to merge.
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