Integrated Freight Corporation "Trucking Market Indicators"
Part 1 -- Key Industry Metrics Driving Growth and Profitability of $355 Billion Trucking Industry -- Relevant Information for Company Shareholders
(firmenpresse) - SARASOTA, FL -- (Marketwire) -- 10/06/11 -- Integrated Freight Corporation ("Integrated Freight" or the "Company") (OTCQB: IFCR) (OTCBB: IFCR) provides this commentary as Part 1 of its "Trucking Market Indicators" series.
On Tuesday, September 27, 2011, "Transport Topics" announced its monthly truck tonnage report. "Truck tonnage rose 5.2% in August from a year ago, the 21st straight month of year-over-year improvement, American Trucking Associations said Tuesday.
"The increase follows a revised 4.5% year-to-year gain in July that was bigger than the 3.9% originally reported."
In his September 9, 2011 editorial, John D. Schulz of "Logistics Management" stated that, "Trucking rates are rising and will continue to outstrip the pace of inflation as carrier capacity has tightened, experts and industry officials are predicting.
"One key indicator of tight capacity is the spot market. TransCore, which has analyzed spot vs. contract rates, has analyzed billions of dollars of rate agreements between brokers and carriers, has discovered a shift in freight buying habits that are a harbinger of the rate environment most shippers are facing.
"Usually, the spot market rates are about 15 percent lower than contract rates. But this year, according to TransCore's analysis, on a national average about 24 percent of lanes had spot market rates that were higher than contract rates during the second quarter."
Integrated Freight Corporation (OTCQB: IFCR) (OTCBB: IFCR) 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 Midwest, Pacific Northwest, Texas, California and the Atlantic seaboard. Integrated Freight was formed for the purpose of acquiring and consolidating operating motor freight companies and incorporated in the state of Florida in 2008. Integrated Freight's mission is to build a safe, reliable, high-quality national freight carrier and customized logistics service with a diverse customer base that is well-positioned in growing profitable markets. Integrated Freight completed its fourth acquisition in April of 2011 and recently reported record quarterly revenues for Q1 of the 2012 fiscal year ended June 30, 2011 of $13.0M. For more information, please visit .
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. Additional risks that could affect our future operating results are more fully described in our filings with United States Securities and Exchange Commission. These filings are available at .
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.
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Datum: 06.10.2011 - 06:00 Uhr
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