SOURCE: Integrated Freight Corporation

May 28, 2015 14:12 ET

Integrated to Scratch Its Niche

DANBURY, CT--(Marketwired - May 28, 2015) - Integrated Freight Corporation (OTC PINK: IFCR), a niche motor freight carrier providing transportation and logistics services on key routes throughout the United States, announced that it will provide several key announcements in the coming weeks.

David N. Fuselier, CEO of Integrated Freight, stated, "For the past several weeks, we've had numerous discussions with shareholders and other stakeholders and have heard their concerns and questions. In the coming weeks management will describe in greater detail some of the topics that they've expressed as being important."

Management has outlined the following short term objectives for further communications with its shareholders:

  • An update on the Company's two planned acquisitions prior to the end of FYQ1, June 2015
  • Review of management's policy on total authorized shares outstanding including an understanding of policy on reduction of the current outstanding shares by 25-50%, if at all
  • Review of management's view on reversing the company's stock and timing
  • Management's evaluation of the remaining litigation relating to historic operations
  • Market overview as discussed by industry analysts that strongly suggests solid demand growth through 2016 and 2017
  • Discussion and analysis on each of the Company's forthcoming quarterly filings

"We'll begin providing these updates as they become available beginning next week," said Fuselier.

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
    Email Contact

    David Fuselier
    Integrated Freight Corporation