OnTrac CEO Mike Duffy volition permission the multi-regional parcel bearer astatine the extremity of the period to beryllium the Chief Executive Officer of U.K.-based pest power specializer Rentokil Initial PLC.
Duffy volition beryllium based successful North America, Rentokil’s largest market, the institution said.
Privately-held OnTrac, which is positioning itself arsenic the largest alternate bearer to FedEx and UPS, connected Tuesday promoted Mike Brown to win Duffy, who led the institution for astir 4 years. Brown volition determination into his caller relation connected Feb. 1. The last-mile transportation institution characterized the enforcement moves arsenic a planned transition, but planned transitions are usually announced acold successful beforehand of a CEO’s retirement. The quality merchandise lone said Duffy has accepted an accidental extracurricular OnTrac.
Brown presently serves arsenic OnTrac’s main fiscal serviceman aft absorption roles astatine Amazon, Chewy, Flexport, Accenture, Johnson Controls and Honeywell. Over the past 18 months, Brown has played a cardinal relation successful shaping OnTrac’s operating model, concern priorities, and semipermanent strategy.
OnTrac, based successful Chantilly, Virginia, is owned by backstage equity steadfast American Securities. The enactment alteration follows what OnTrac said was a grounds twelvemonth for parcel volumes, which it attributed to lawsuit maturation and the enlargement of its network
“OnTrac has reached an important inflection point,” said David Horing, OnTrac’s president and managing manager astatine American Securities. “The integration is complete, the web is operating astatine nationalist scale, and lawsuit request continues to grow. Mike Brown is the close person to physique connected that momentum — expanding our relevance with shippers, sharpening our differentiation successful the market, and starring the institution into its adjacent section arsenic a scaled challenger successful U.S. parcel delivery.”
Invest successful Gold
Powered by Money.com - Yahoo whitethorn gain committee from the links above.
During Duffy’s tenure, OnTrac completed the integration with LaserShip to look with a unified web that reaches much than 75% of U.S. online shoppers. OnTrac covers 35 states and the District of Columbia, with a spread successful the Great Plains. The bearer partners with much than 7,000 autarkic contractors to marque same-day and next-day residential and concern deliveries utilizing a hub-and-spoke network. The institution has 102 transportation locations and 18 benignant centers, according to its website.
The bearer is successful the process of establishing a coast-to-coast network. A two-to-three time Express transportation merchandise is scheduled to beryllium rolled retired aboriginal this twelvemonth successful concern with ClearJet. The work is pitched arsenic cheaper than accepted explicit air, but faster than transcontinental crushed transportation.

2 hours ago
1






English (CA) ·
English (US) ·
Spanish (MX) ·