Interstate Capital Announces FreeFreightSearch.Com Unit Celebrates 5th Anniversary

SANTA TERESA, NM  NOVEMBER 27, 2014

INTERSTATE CAPITAL GROUP OF COMPANIES announced today that its freight matching subsidiary, FreeFreightSearch.com, celebrated its 5th anniversary in business in November 2014.

FreeFreightSearch.com is the world’s largest FREE transportation load board. “Load boards are Internet sites where trucking companies search for loads and post their trucks, matching parties with freight to move with motor carriers with available trucks nearby”, explains Interstate’s spokesperson, Tony Furman.

The site was originally known as CheckFreightBroker.com in 2009 when the company was founded as a site where trucking companies obtained free transportation credit reports. In 2010, the company expanded into freight matching, an industry that Furman estimates is a multi-hundred-million-dollar-per-year industry.  In 2013, the company was re-branded as FreeFreightSeach.com to better identity it as a load board. The site still provides free credit reports for trucking companies, but load posting is its main draw.

Since 2010, FreeFreightSearch.com has posted over 60 million truckloads of freight, allowing more than 30,000 site members to search for loads available across North America. FreeFreightSearch.com adds over 1,000 new members every month, an annual growth rate of over 100%, and projects enrolling over 50,000 total members by year-end 2015.

FreeFreightSearch.com is currently in engaged in discussion with several nationally prominent organizations to become exclusive or semi-exclusive site sponsors. An exclusive site sponsorship deal s is expected to quadruple revenue and membership growth in fiscal year 2015. “We cannot comment about the identity of possible site sponsors until a contract is executed,” Furman added. A major announcement is expected early in 2015.

“Suppliers of goods and services to wishing to reach a 100% targeted audience of 50,000+ small trucking companies cannot overlook FreeFreightSearch.com as a place they need to be seen,” predicts Furman. FreeFreighSearch.com is a 100% advertiser supported business model.  Every other major load board, by comparison, uses a “pay-to-access” model that may cost thousands of dollars a year for membership–an expense many small and start-up trucking companies simply cannot afford.

The Interstate Capital Group of Companies is a leading marketer of accounts receivable and freight bill factoring, fuel cards, freight matching, freight broker credit reports, property broker bonds, fuel advances, truck and trailer financing, freight brokerage and freight payable auction management services. Founded in 1993, Interstate Capital has provided $ billions of funding for over 5,000 motor carriers and other small businesses in the U.S., Canada, and Mexico. Interstate Capital, which celebrates its 22nd anniversary in 2015, projects to purchase in excess of $1 billion of receivables next fiscal year.  Interstate is one of the largest privately-held, non-bank transportation factoring companies in North America.  For more information, contact Cindy Graff Cohen, Director of Communications, Interstate Capital Group of Companies, at (800) 422-5995.

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Interstate Capital Announces FreeFreightSearch.Com Unit Celebrates 5th Anniversary