![]() ![]() However, the most remarkable transition occurred in 2021 when LaserShip made a strategic move to acquire OnTrac Logistics, Inc., a west coast delivery service, in a deal valued at $1.3 billion. In early 2018, LaserShip underwent a significant change when it was purchased by the private equity firm Greenbriar Equity Group. This recognition underlined its commitment to security and quality in its services. It was during this time that LaserShip secured a significant deal with Amazon to handle deliveries for their Same Day Service.Īs LaserShip continued to grow, it achieved recognition in April 2019 when it was awarded the International Supply Chain Protection Organization (ISCPO) Carrier Certification. By 2016, LaserShip boasted 63 distribution centers and four sorting centers that serviced 22 states and Washington, D.C. Additionally, in the same month, LaserShip acquired Prestige Delivery Systems, a Cleveland-based last-mile delivery company, thereby further expanding its services to Ohio, Kentucky, Michigan, and Indiana. This expansion increased LaserShip’s footprint by an impressive 44%, reaching an additional 8.5 million consumers. In 1999, a significant partnership with Barnes & Noble propelled LaserShip into the limelight by providing same-day shipping services in New York City, setting the stage for its expansion.įast forward to March 2014, LaserShip decided to add four states to its service area: New Hampshire, Rhode Island, West Virginia, and Delaware. But it wasn’t until the late ’90s, during the dot-com boom, that LaserShip ventured into the small parcel delivery business. LaserShip, originally founded in 1986, began its journey as a document delivery service.
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