2 delivery companies are merging, aim to rival UPS and FedEx

A new note from Moody's reveals that Lasership has...
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2 delivery companies are merging, aim to rival UPS and FedEx

Lasership is a regional delivery giant on the East Coast, and Ontrac covers the West Coast.

A new note from Moody's reveals that Lasership has acquired Ontrac for $1.3 billion.

Combined, the two will have close to national coverage, challenging UPS and FedEx.

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