SOURCE: Integrated Freight Corporation

August 13, 2015 13:46 ET

IFCR Discusses Truckload Industry Fundamentals

Offers Insights Into Its Strategy in a Changing Market

DANBURY, CT--(Marketwired - August 13, 2015) - Integrated Freight Corporation (OTC PINK: IFCR), a niche motor freight carrier providing transportation and logistics services on key routes throughout the United States, today offered investors its insights into how it plans to adapt and prosper in the ever-changing truckload transportation landscape.

David N. Fuselier, CEO of Integrated Freight, stated, "We believe that the current truckload industry environment is substantially improving since the recession and that IFCR is well-positioned to take advantage. According to industry publications, June was clearly the best month of 2015 in terms of rising cargo demand, prices and margins. Although labor prices have risen sharply for the general truckload sector, this added cost for truckers has been offset by much lower fuel expense through most of 2015 relative to the previous four years' fuel prices. As a result, we know the stage is set for the truckload sector to perform extremely well over the foreseeable future."

"According to Journal of Commerce, truckload industry capacity is up 7.4% year-over-year and is finally back above its 2007 pre-recession peak," stated Hank Hoffman, IFCR's president. "However, operating results at many of the large general truckload carriers are down substantially due to the large driver pay increases taken to attract capacity."

Fuselier continued, "As a niche market motor carrier, IFCR is very well-positioned to take advantage of the current market conditions. Our niche business demand remains very strong at each subsidiary. Moreover, because our driver capacity turnover has historically been far better than the industry average, we have not been subject to the same dramatic rise in labor rates. We expect to experience organic revenue growth, as well as margin expansion, at each of the Company's existing subsidiaries and look forward to new acquisition growth opportunities, as well."

Management again reiterated its anticipated FY2015 revenues of at least $24,000,000, a nearly 19% increase over the prior period, with positive EBITDA and increasing net equity.

About Integrated Freight Corporation

Integrated Freight Corporation (OTC PINK: IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.

This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.

We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.

Contact Information

  • Contact:

    Hank Hoffman
    President and COO
    Integrated Freight Corporation
    417-434-1782

    David Fuselier
    CEO
    Integrated Freight Corporation
    203-628-7142