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Horizon Insight News

Who owns Lasership?

Author

Daniel Rodriguez

Updated on February 25, 2026

LaserShip is a regional last-mile delivery company that services the Eastern and Midwest United States. LaserShip has been criticized for drivers roughly handling goods, including throwing and driving over packages. LaserShip drivers have also been reported for damaging and stealing the personal property of recipients.

who-owns-lasershipWho owns Lasership?

LaserShip began as a document delivery service in 1986. In the 1990s, LaserShip landed in the small parcel business during the dot-com boom. In 1999, the company partnered with Barnes & Noble to provide same-day shipping services in New York City. Also, LaserShip is a portfolio company of American Securities and Greenbriar, and both will provide additional equity financing and continued strategic support for the combined company.

In March 2014, LaserShip added four states to its service area: New Hampshire, Rhode Island, West Virginia, and Delaware. This expanded the LaserShip footprint by 44 percent, reaching an additional 8.5 million consumers. Also in March 2014, LaserShip acquired Cleveland-based last-mile delivery company Prestige Delivery Systems, further expanding services to Ohio, Kentucky, Michigan, and Indiana.

In May 2021, LaserShip expanded into Tennessee, opening three new branches in Memphis, Knoxville, and Nashville. This expansion added 979 new zip codes, an 18% increase in their delivery coverage.