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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.
The company serves multiple industries and is a leader in non-asset-based transportation, warehousing and distribution, and value-added services. It also works with reverse logistics processes, including returns, recommerce and recycling. The company processes 358 million returns annually and more than 500K direct-to-consumer shipments daily.
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
FedEx Ground, a subsidiary of the FedEx Corporation, is an American ground package delivery company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh.The company began as Roadway Package System (RPS), founded in 1985 by transportation company Roadway Services Inc., later renamed Caliber System.
Ryder System, Inc. is an American transportation and logistics company, specializing in truck rental and leasing, fleet management, supply chain management, and transportation management. It also offers full-service leasing, rental and maintenance, used vehicle sales, transportation management, professional drivers, e-commerce fulfillment, and ...
In 1991, the company became a public company via an initial public offering. [20] On January 24, 2022, ODFL became a Nasdaq-100 company, replacing Peloton Interactive on the index. [21] David Congdon, grandson of the company's founders, was named president and COO in 1997. Until May 2018, he served as the company's Vice Chairman and CEO.
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