SARASOTA, FL--(Marketwire - 02/16/11) - Integrated Freight Corporation (http://www.integrated-freight.com) (OTC.BB:IFCR - News) announced today that its CEO, Paul Henley, recently appeared on the "New Captains of Industry" television show hosted by George R. Jarkesy, Jr. -- market commentator, institutional fund manager and Chairman of the National Eagles and Angels Association.The eight minute interview covered the current state of the trucking industry, Integrated Freight's rollup strategy, the present state of the Company, and where IFCR and the rest of America's trucking firms are headed over the next 12 to 24 months. At the outset of the discussion, IFCR's CEO Paul Henley related that 2007 to 2009 was a difficult time for the United States trucking industry and that while the "rest of the economy was in a recession, the freight business was in a depression." Henley then referenced industry experts who have stated that "up to 16-17 % of the overall capacity of freight by truck in America is gone." He further outlined Integrated's goal to "find the companies that were survivors, that were able to thrive and to and come together to make a bigger stronger company." He explained that this situation has allowed IFCR to make three strong acquisitions thus far with an additional three companies under LOI. The company's plans are augmented by its high-tech approach to control everything from GPS tracking its trucks to remotely controlling the temperature within the refrigeration units. Another key point made by Henley that is contributing to the company's bottom line is the savings inherent in the economies of scale in fuel and insurance, which he believes will only get better with the next round of acquisitions.To directly access this interview in its entirety, go to: http://www.jarkesy.comIntegrated Freight is a Sarasota, Florida headquartered motor freight company providing long-haul, regional and local service to its customers. The Company specializes in dry freight, refrigerated freight and haz-waste 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 November 2010 reported second quarter revenues of $8.7M."New Captains of Industry" is an online television show hosted by George Jarkesy on http://www.jarkesy.com. Jarkesy has a passion for building small businesses and promoting growth of the American economy. A successful money manager and a professional investor, respected financial and corporate advisor and a dynamic public speaker, Jarkesy has founded, invested in and helped to build companies engaged in a broad range of industry sectors. New Captains of Industry's Interview guests are CEO's and experts in natural resources, economic trends and growth companies. Jarkesy is also the Chairman of the National Eagles and Angels Association www.eagleandangel.com.Forward-Looking StatementsThe 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 thereunder. 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
- Paul Henley
- Integrated Freight Corporation
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