LaserShip

What LaserShip does

LaserShip, founded in 1986 and headquartered in Vienna, Virginia, is a US regional parcel carrier that completed the $1.3B acquisition of OnTrac Logistics in October 2021, subsequently rebranding the combined enterprise as OnTrac. The merged entity now operates as the largest regional parcel carrier in the United States, providing coast-to-coast ground parcel delivery services as a lower-cost alternative to FedEx and UPS. The network is anchored by regional sortation facilities, linehaul routes, and contracted last-mile delivery capacity, serving both enterprise e-commerce shippers (Shein, Temu, Savage X Fenty, Lulus, Bodybuilding.com, Nuts.com) and SMB customers via software platform integrations with ShipStation and ClearJet. The company is preparing to extend its service portfolio with two new product launches: OnTrac Ground Essentials, a lower-priced ground tier targeted at price-sensitive e-commerce volume (2025-2026), and OnTrac Express, an expedited parcel service launching with ClearJet as exclusive launch partner in early 2026.

Name

LaserShip

Legal name

OnTrac

Website

https://lasership.com

Company type

Private

Founded year

1986

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

OnTrac (formerly LaserShip) is the largest US regional parcel carrier, offering coast-to-coast ground delivery as a lower-cost alternative to FedEx and UPS for e-commerce shippers, with anchor customers including Shein, Temu, and ShipStation-integrated SMB volume.

Ownership category

akta.pro rank

Product category

Logistics Services

NAICS

Couriers and Express Delivery Services (4921), Couriers and Express Delivery Services (492110)

SIC

Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Subscription Box & Direct-to-Consumer (DTC) Parcel Delivery (TLAAAFAK)

akta.pro secondary industries

Parcel Inject / Postal Workshare (Last-Mile Handoff) (TLAAACAJ), Premium B2B Express & Scheduled Time-Window Delivery (TLAAABAE)

Keywords

• Last-mile parcel delivery
• Regional e-commerce shipping
• Ground delivery services
• Alternative carrier network
• B2B logistics solutions

Headquarters

HQ city

Vienna

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Parcel Delivery Services: Revenue generated from parcel delivery services including residential e-commerce delivery, ground shipping, express delivery, and custom logistics solutions. Services are priced based on package weight, dimensions, and service level.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

LaserShip (operating under the OnTrac brand) provides last-mile parcel delivery services for e-commerce retailers and DTC brands through the largest alternative carrier network in the U.S. The company offers residential e-commerce delivery, ground shipping, 7-day/week services with predictive EDDs, and custom logistics solutions including B2B shipping, healthcare/pharma critical delivery, and international mail, at up to 30% lower cost than legacy carriers.

Product overview

LaserShip operates as a regional parcel carrier network through its acquired subsidiary OnTrac, providing last-mile e-commerce delivery solutions. The product portfolio centers on OnTrac's core residential e-commerce delivery service supplemented by specialized offerings: Ground Essentials (economy deferred delivery), 7-Day Play (7-day/week service with predictive EDDs), and Express (premium 2-3 day coast-to-coast service launching 2026). Additional offerings include Custom Logistics Solutions for B2B, healthcare/pharma, and international mail. The company also runs the FasTrac Partner Program for independent drivers and regional service providers. The combined network, created through LaserShip's $1.3 billion acquisition of OnTrac in October 2021, is positioned as the largest alternative carrier network in the U.S., offering an alternative to legacy carriers FedEx and UPS.

Differentiator

Problem solved

Functional benefit

Products and services

• OnTrac Residential E-Commerce Delivery

Quantifiable outcome

• Up to 30% cost savings compared to legacy carrier ground services
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• ClearJetcoreStrategic or Co-development Partner · 1 January 2025ClearJet serves as the exclusive launch partner for OnTrac Express service, supporting the 2-3 day coast-to-coast delivery offering launching in early 2026. This is a strategic partnership for the new Express product launch.
• ShipStationcoreTechnology or IntegrationOnTrac and ShipStation joined forces to offer faster, coast-to-coast delivery to more merchants. The partnership integrates OnTrac's delivery network into ShipStation's shipping platform, enabling merchants to access OnTrac services directly through the platform.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• USPS: The U.S. Postal Service handles a meaningful share of last-mile e-commerce parcel volume, often as a final-mile injection partner for consolidators. USPS competes with OnTrac for e-commerce shippers, particularly on lightweight and deferred parcels.
• Amazon Logistics: Amazon Logistics is Amazon's internal delivery operation that has expanded into third-party Amazon Shipping services. It is a structural competitive threat to OnTrac given Amazon's scale and vertical integration in e-commerce fulfillment.
• DHL eCommerce: DHL eCommerce is Deutsche Post DHL's U.S. parcel delivery arm, offering domestic ground services that overlap directly with OnTrac Ground. DHL is one of the named 'alternative carriers' competing for e-commerce volume outside FedEx/UPS.
• FedEx: FedEx Corp is the other half of the U.S. parcel duopoly and the primary incumbent OnTrac competes against in both ground and (soon) express services. OnTrac's value proposition of lower cost and faster ground transit is directly calibrated against FedEx Ground.
• UPS: United Parcel Service is one of the two legacy duopoly carriers in U.S. parcel delivery. OnTrac explicitly positions itself as an alternative to UPS, with OnTrac Ground priced up to 30% below UPS Ground and delivered up to 2 days faster.

Emerging players

• Gopuff: Gopuff operates a vertically integrated quick-commerce delivery network using its own driver fleet and dark stores. While its model is quick-commerce rather than multi-day e-commerce parcel, it is an emerging alternative delivery network with overlapping last-mile operating capabilities.

Others

• ShipBob: ShipBob is a fulfillment-as-a-service platform that partners with parcel carriers including regional alternatives. It is an ecosystem participant and potential channel partner for OnTrac Ground shipments rather than a direct competitor.

Direct peers

• Veho: Veho is a venture-backed tech-enabled last-mile delivery startup competing for the same e-commerce shipper base as OnTrac. Both position as modern, retailer-friendly alternatives to FedEx/UPS with branded customer experiences and direct API integrations.
• Roadie: Roadie (acquired by UPS in 2021) operates a crowdsourced last-mile delivery network serving e-commerce and same-day shippers. It is a direct comparable to OnTrac's partner-driven FasTrac model and now sits inside UPS as the duopoly's response to alternative carriers.
• AxleHire: AxleHire is a regional same-day and next-day parcel carrier serving e-commerce shippers in major U.S. metros. It competes head-to-head with LaserShip/OnTrac on last-mile B2C parcel volume with a tech-forward operational model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/LaserShip
• Facebookfacebook.com/lasership
• LinkedInlinkedin.com/company/lasership

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LaserShip