LSO (company)

For other uses, see LSO.
LSO
Private company
Industry Courier
Predecessor Lone Star Overnight
Founded Austin, Texas(1991)
Founder Jack Long, Gary Gunter
Headquarters Austin, Texas (1991)
Area served
Texas, Oklahoma, Louisiana, Western and Easter New Mexico, Mexico
Key people
Rick Jones (CEO)[1]
Services Regional parcel carrier
Express delivery
Ground Delivery
DDU Services
LTL Freight
Package delivery
Logistics services
Divisions LSO Parcel
LSO Final Mile
Website LSO.com

LSO, formerly Lone Star Overnight, is a regional shipping carrier that focuses on overnight delivery, utilizing both air and ground transportation, to every address in Texas, southeastern New Mexico and all major metro markets in Oklahoma, Louisiana, Arkansas, Alabama & Tennessee, plus the country of Mexico. Headquartered in Austin, Texas, LSO offers hundreds of drop box locations throughout its service area.[2] Like its competitors, LSO’s brand distinguishes itself with a signature shade of blue.

History

Early Years

In November 1990, Jack Long and Gary Gunter began forming Lone Star Overnight in Austin, Texas. With 28 employees and seven packages, Lone Star Overnight began operations on March 4, 1991. The team experienced success and they broke even within two years.[3]

Expansion

In 2002, this regional shipping company expanded outside of Texas for the first time. They opened offices in Oklahoma City, Lawton, and Tulsa, Oklahoma.[4]

Name change and further expansion

The shipping company took on its present-day image on May 15, 2013. Lone Star Overnight officially became LSO and introduced a new logo and tagline, “It’s all in the delivery.”[5] In the same year, LSO announced a partnership with Postmaster, an Austin-based startup that aims to simplify shipping and tracking.[6]

LSO expanded further in 2015 when they acquired Express Courier International, expanding their reach to 7 states across the southeast and southwest.[7] With the acquisition, they officially expanded into Louisiana in May 2015.[8]

In 2016, LSO formally announced their official expansion into major markets in Tennessee, Alabama, and Arkansas.[9] They were able to do so with their acquisition of Express Courier International, which became known as LSO Final Mile.

Divisions

LSO has three divisions, LSO Parcel, LSO eCommerce, and LSO Final Mile.

Competitors

LSO’s competitors include FedEx, and United Parcel Service (UPS).[11]

See also

References

  1. "Company Overview of Lone Star Holdings, LLC". Bloomberg. Bloomberg. Retrieved 20 July 2016.
  2. Furness, Ashley. "Austin-based Lone Star Overnight acquired - Austin Business Journal". Austin Business Journal. Austin Business Journal. Retrieved 20 July 2016.
  3. Barnes, Michael (3 July 2012). "Shy Jack Long thinks big about business, charity and more". Statesman. Statesman. Retrieved 20 July 2016.
  4. Hudgins, Matt (7 April 2002). "Courier service growing - Austin Business Journal". Austin Business Journal. Austin Business Journal. Austin Business Journal. Retrieved 20 July 2016.
  5. Drake, Sarah (16 March 2013). "Lone Star Overnight Rebranding Reflects Growth". Austin Business Journal. Austin Business Journal. Retrieved 20 July 2016.
  6. Lardinois, Frederic. "Postmaster Raises $600K Seed Round To Expand Its Smart Shipping API, Partners With Lone Star Overnight". TechCrunch. TechCrunch. Retrieved 22 July 2016.
  7. De Lombaerde, Geert (12 February 2015). "Texas company buys Courier Express". Nashville Post. Nashville Post. Nashville Post. Retrieved 20 July 2016.
  8. Stevens, Laura (21 May 2015). "Lone Star Holdings Expanding Delivery Options Into Louisiana". Wall Street Journal. ISSN 0099-9660. Retrieved 22 July 2016.
  9. "LSO Further Expands Regional Footprint To Key Markets Across Southeastern United States". The Chattanoogan. The Chattanoogan. Retrieved 22 July 2016.
  10. Dorbian, Iris (12 February 2015). "PE-backed LSO acquires Express Courier International". PE HUB Wire. PE HUB Wire. Retrieved 22 July 2016.
  11. Mueller, MP (26 April 2012). "How Do You Compete With FedEx and U.P.S.?". New York Times. The New York Times. The New York Times. Retrieved 20 July 2016.
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