Integrated Freight Corp. on Tuesday, March 15, announced the launch of Integrated Freight Services Inc., the company’s operating subsidiary dedicated to providing a full suite of freight brokerage services to its base of refrigerated, dry van and flatbed 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.
Integrated Freight says the presence of this brokerage business will allow the company to increase its effective carrier capacity, allowing the company greater flexibility when dealing with larger customers. IFS is estimated to add about $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.
“Integrated Freight Services offers its customers and our subsidiary operating companies an opportunity to provide best-of-class customer service at competitive prices,” says Paul Henley, chief executive officer of Integrated Freight Corp. “This is particularly important as the economy continues its recovery and we enter into the busiest portion of our business year.”
Roger Kennedy, a 30-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 48 states with an initial emphasis on Midwest to Southeastern and Upper Northeast traffic lanes.