MetroGistics, LLC, a provider of automotive logistics services, and asset-light logistics provider McNutt Automotive Logistics have completed a merger of their operations. MetroGistics will maintain its headquarters in Saint Louis and a satellite office in Clinton, Missouri.
The combined entities will offer a full range of logistics and asset-based transportation solutions to all customer segments including new car manufacturers, the used car market, new and used car dealerships, remarketing companies, auctions, and the personally owned vehicles (POV) market.
For the companies’ combined carrier base, the merger is expected to produce the following positive impacts:
More freight to pair up, making loads more efficient.
Essentially dealing with a one-stop shop, with one load board (one call to fill up their truck), one invoice, one payment, and one on-boarding process.
Fewer empty miles between shipments.
For customers, the merger will produce many benefits:
Reduction in transit time through better efficiencies.
A 20-percent growth in carrier base.
Dedicated dispatch coordinators.
Expanded reach and a bigger footprint.
New and shared technologies.
“As our two companies have gotten to know each other better, we’ve adopted 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.
Corinthian Capital Group, LLC, which has offices in New York, Chicago and Boston, is an investor in MetroGistics and McNutt.
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