SOURCE: Integrated Freight Corporation

March 15, 2011 09:30 ET

Integrated Freight Launches Freight Brokerage Service

Offers Reefer, Dry Van, and Flatbed Brokerage Services

SARASOTA, FL--(Marketwire - March 15, 2011) - Integrated Freight Corporation (http://www.integrated-freight.com) (OTCBB: IFCR) (OTCQB: IFCR) today announced the launch of Integrated Freight Services, Inc. (IFS), the Company's operating subsidiary dedicated to providing a full suite of freight brokerage services to its base of refrigerated, dry van, and flat bed customers. IFS will connect Integrated Freight's current customers and outside shipping partners to capture additional revenues created by out of network loads and demand overflow during periods of higher than usual volume. The presence of this brokerage business will allow Integrated Freight to increase its effective carrier capacity, allowing the Company greater flexibility when dealing with larger customers. IFS is estimated to add approximately $1.5M in revenues to Integrated Freight's top line during its first year of operation, a number which is expected to grow in following years as the Company continues its expansion plans.

Paul Henley, CEO of Integrated Freight Corporation, remarked, "Integrated Freight Services offers its customers and our subsidiary operating companies an opportunity to provide best of class customer service at competitive prices. This is particularly important as the economy continues its recovery and we enter into the busiest portion of our business year."

Roger Kennedy, a thirty year veteran of the truckload industry, has been named General Manager of the Integrated Freight Services operation. The company will offer cargo brokerage services throughout the forty-eight States with an initial emphasis on Midwest to Southeastern and Upper Northeast traffic lanes. Interested brokerage customers can contact Roger Kennedy at IFS directly at (352) 503-6989 or via roger.kennedy (at) integrated-freight.com.

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.

Contact Information

  • Integrated Freight Investor Relations
    941-907-8372 x 6
    investor.relations (at) integrated-freight.com

    Investor Relations Contact:
    The Eversull Group, Inc.
    Jack Eversull
    President
    972-571-1624
    214-469-2361 (fax)
    Email Contact