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 January 25, 2016 - 8:45 AM EST
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Integrated Freight's Crude Comments

Projects increase in cash flow due to lower costs of fuels and lubricants

DANBURY, CT / ACCESSWIRE / January 25, 2016 / Integrated Freight Corporation (OTC PINK: IFCR) today provided its analysis of the effect of lower crude oil prices on its operations.

Recently the chairman of Saudi Aramco, Khalid al-Falih, stated, "The price (of crude) itself is irrational."

David N. Fuselier, CEO of Integrated Freight, completely disagrees. "It was a very odd statement from the very firm that initiated over-supply and, thus, the current 'irrational' market price of crude. The fact is, Aramco's strategy of over-production to maintain market-share is now, and will be in the near future, a strategic failure. We believe this is beneficial to Integrated Freight throughout calendar 2016 and, perhaps, beyond."

Fuselier continued, "It has been years since we have seen such a precipitous decline in crude oil prices. This decline was pushed nose down by anemic global growth, of less than 2.8%, coupled with OPEC's poorly framed strategy of over production to maintain market share; neither of which, will increase the probability that crude oil prices will increase extra-proportionately in the near future. The current futures pricing of crude includes risks due to over-supply, regional and global war, lackluster money supply policy and America's hamstrung shale-oil production. As well, futures pricing now includes reduced supply due to seasonal fluctuations in weather in the Midwest and Northeast, summer driving and half of next winter's season. All of these factors are currently priced into most of 2016's futures and few, if any, will change soon. We believe the price of crude, and therefore, refined petroleum products that we utilize, will trade within a limited range but will not abruptly rise to recent historic prices. Prices will stabilize in the $30.00 to $35.00 per barrel range but could go as low as $26.00. When adjusted for inflation, in 2010 dollars, over the past 70 years the US wellhead price has been in the $28.50-$30.50 range."

Fuselier continued, "I am strongly convinced that the American oil, gas and shale industry have a strategy that protects American production and continuity of supply. Ultimately, Integrated Freight will be a beneficiary of these strategies which will continue throughout 2016. We currently maintain a fuel surcharge with all of our customers and anticipate that this fuel surcharge is adequate to protect Integrated's upside risks. In the meantime, with the current price decline, and the projected lower price support, Integrated will possess an increase in cash flows due to lower fuel costs. We believe this increase could approach $250,000 for the full year 2016."

Integrated Freight Corporation noted that its CEO, David Fuselier, has purchased fuels worldwide and distributed refined petroleum products, lubricants and chemicals in thirteen states throughout the Northeast and Midwest.

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.

Forward Looking Statements

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.


Hank Hoffman, President and COO
Integrated Freight Corporation

SOURCE: Integrated Freight Corporation

Source: Accesswire (January 25, 2016 - 8:45 AM EST)

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