How Much Did ICD Freight Raise?
Funding & Key Investors

ICD Freight, a long-standing player in the logistics and transportation sector, has secured $150K in total capital, with its most recent financial activity involving a $150K strategic investment. This significant backing underscores the company's established presence and its ongoing strategic initiatives within the competitive freight market.

The company's financial history indicates a recent debt financing round on April 7, 2020, amounting to $150 million, provided by PPP. This debt facility likely supports ICD Freight's operational scaling and infrastructure development, aligning with its late-stage funding context.

What is ICD Freight?

ICD Freight
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1957 and headquartered in Lenexa, KS, ICD Freight operates as a comprehensive logistics and transportation provider. The company leverages an extensive network of national shippers, offering consistent freight movement through dedicated lanes, specific regional routes, and specialized equipment markets. By maintaining a broker-free model and focusing on direct shipper relationships, ICD Freight aims to optimize efficiency and reliability in its service offerings. Its decades of operation have positioned it as a stable entity within the transportation industry, capable of managing complex supply chain needs for its clientele.

How much funding has ICD Freight raised?

ICD Freight has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in ICD Freight

PPP

Public-Private Partnership

What's next for ICD Freight?

With a substantial history and recent strategic investment, ICD Freight is poised for continued growth and operational enhancement. The company's late-stage funding context suggests a focus on expanding its logistical capabilities, potentially through technology adoption, fleet modernization, or further network optimization. Future strategic moves may involve deepening relationships with existing shippers or exploring new market segments that leverage its established infrastructure and expertise. The company's ability to secure significant capital, even in the form of debt, points to a strong operational foundation and a clear path toward sustained market performance and service delivery excellence in the evolving transportation landscape.

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Frequently Asked Questions Regarding ICD Freight Financial Insights

What are the most recent funding rounds that ICD Freight has completed, and what were the funding rounds?
ICD Freight has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding ICD Freight has raised to date?
ICD Freight has raised a total of $150K in funding to date.
How many funding rounds has ICD Freight completed?
ICD Freight has completed 1 funding rounds.
How much funding did ICD Freight raise in its most recent funding round?
ICD Freight raised $150K in its most recent funding round.
Who are the lead investors in ICD Freight's latest funding round?
The lead investor in ICD Freight's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ICD Freight's history?
The largest funding round in ICD Freight's history was $150K.
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