SOURCE: Integrated Freight Corporation

March 22, 2011 09:00 ET

Hank Hoffman Appointed President and COO of Integrated Freight

SARASOTA, FL--(Marketwire - March 22, 2011) - Integrated Freight Corporation (http://www.integrated-freight.com) (OTCBB: IFCR) (OTCQB: IFCR) today announced the appointment of Henry P. (Hank) Hoffman to the position of President and COO.

Paul Henley, CEO of Integrated Freight, stated, "The expansion of Hank's role from Board Member to the position of President and COO is a great development for our Company, and one that we have been pursuing for a long time. His connections with suppliers and operators at the highest levels of the trucking industry will be invaluable as Integrated Freight continues with its nationwide expansion plans."

Mr. Hoffman brings over twenty-five years of executive management experience in the transportation industry to Integrated Freight. Most recently, he served as President of SeaBridge Freight, a short sea intermodal barge operation. Before joining SeaBridge, he was the founder and Chairman of SiriCOMM, Inc., a wireless networking and applications service provider dedicated to the commercial trucking industry. At the time of his departure, SiriCOMM was the Country's largest operator of its kind.

From 1996 to 2000, Hoffman was President and Chief Operating Officer of Hook Up, Inc. of Joplin, MO. In his four years with this niche motor carrier, profit margins expanded while gross revenue more than tripled. From 1990 to 1995, Mr. Hoffman was President and COO of Tri-State Motor Transit, the nation's largest transporter of munitions for the U.S. Government. Under his direction the Tri-State business grew from $40 million to over $100 million annual revenue and a capacity base of over 750 drivers.

Prior to his term at Tri-State, he served in several Operations/Management positions with both Schneider National, Inc. and Viking Freight System. As an industry leader, he has been a Vice President of the American Trucking Association, President and Chairman of the Board of the Munitions Carriers Conference, member of the Board of Directors of the National Automobile Transporters Association, and Forum Co-Chairman of the National Defense Transportation Association. Prior to his trucking industry career, Hoffman served as an officer in the United States Army Field Artillery for six years where he completed two successful command assignments. He earned a Bachelor of Science degree from the United States Military Academy, West Point, NY and an MBA from the University of Wisconsin, Oshkosh, WI.

Integrated Freight Corporation is a Sarasota, Florida headquartered motor freight company providing long-haul, regional and local service to its customers. The Company specializes in dry and refrigerated truckload services, operating primarily in well-established traffic lanes in the upper mid-West, Texas, California and the Atlantic seaboard. Integrated Freight was formed for the purpose of acquiring and consolidating operating motor freight companies. IFCR completed its third acquisition in May of 2010 and in February 2011 reported fiscal third quarter revenues of $10.34M.

The foregoing press release contains forward-looking statements, including statements regarding the company's expectation of its future business and earnings, subject to the safe-harbor provisions for forward-looking statements provided in the Securities Exchange Act and the regulations there under. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.

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  • Integrated Freight Corporation Investor Relations
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