Following last year’s announcement that finished vehicle carrier Metrogistics would be merging with rival carrier McNutt Automotive Logistics, the companies have now completed the merger.
The merged company will offer a full range of logistics and asset-based transport services to all customer segments including new carmakers, the used car market, new and used car dealerships, remarketing companies, auctions, and the personally owned vehicles (POV) market.
“As our two companies have gotten to know each other better, we’ve adapted best practices from each in order to streamline operations and provide the best customer service experience possible,” said Scott Naz, MetroGistics’ co-founder and managing partner.
In a statement Metrogistics said the merger would bring benefits in efficiency as the two companies could pair up more loads and run fewer empty miles between shipments. It said it would also mean a reduction in transit times because of these efficiencies, as well as a 20% growth in the carrier base. The merged company also expected an expanded reach in terms of business and the development of new and shared technology.
MetroGistics and McNutt, both based in Missouri, act as brokers for moving vehicles across the US. As a combined company they are partnering with Precision Motor Transport Group (PMTG) is an asset-heavy car-haul company, based in Michigan, that transports vehicles via 300-plus covered and uncovered trucks.
MetroGistics works with more than 2,500 carriers in its brokerage network that will now be available to PMTG, which could help the company overcome capacity bottlenecks as well as carry out smaller transport moves.