Trailer Bridge Announces Recipients of 2005 Malcom P. McLean Innovative Spirit Award and Schedules First Quarter Financial Results and Conference Call

 JACKSONVILLE, Fla.--(BUSINESS WIRE)--May 11, 2005--Trailer Bridge, Inc. (NASDAQ: TRBR - News) today announced that Adam Gawrysh, Director, Truck Operations and Dave Hudgens, Senior Manager, Financial Services, are the recipients of the 2005 Malcom P. McLean Innovative Spirit Award. The Company formally recognized Messrs. Gawrysh and Hudgens at its annual shareholders meeting, which was held today.

The award, in honor of the late founder of Trailer Bridge who was the leading transportation innovator of the 20th century, is given each year at the annual meeting to employees whose innovative and persistent efforts particularly benefited the Company.

"Adam and Dave were both outstanding performers this past year," said Ralph W. Heim, Trailer Bridge's President & Chief Operating Officer. "Adam kept our trucks running on time and efficiently despite many challenges including the vagaries resulting from last years unusually busy hurricane season in Florida and Dave was the point person responsible for increased demurrage collections in 2004 which were up 34% versus 2003 and 67% versus 2002. Beyond their excellent day-to-day performance, both initiated and followed through with innovative ideas that resulted in direct and quantifiable financial benefits. Adam initiated RailRunner service from the Ft. Wayne, IN area to Jacksonville that augmented our inland transportation options and Dave took a different approach to past due account situations that lead to a full recovery while also developing new business situations that resulted in meaningful container volume for us."

As with all award winners, both Messrs. Gawrysh and Hudgens will be presented with a statuette commemorating the award and plaques with their names will be affixed to a statuette on permanent display in the lobby at Trailer Bridge's corporate headquarters in Jacksonville, FL.

Trailer Bridge also announced that it will issue its financial results for the first quarter ended March 31, 2005 prior to the opening of the stock market on Monday, May 16th. Management will also conduct a conference call that morning at 11:00 AM Eastern Time to discuss these results.

Interested parties may participate in the call by dialing 888-737-9834 approximately 10 minutes before the call is scheduled to begin and ask to be connected to the Trailer Bridge Conference Call. The call will also be simultaneously broadcast over the Internet. To listen to the live webcast, please go to www.trailerbridge.com and click on the conference call link, or click on http://audioevent.mshow.com/235863. The conference call will be archived and accessible for approximately 30 days if you are unable to listen to the live call.

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The matters discussed in this press release include certain statements regarding the intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward looking statements involve risks and uncertainties, and that actual results may differ materially from those in the forward looking statements as a result of various factors. Without limitation, these risks and uncertainties include market conditions and risks of economic recessions, severe weather, changes in the price of fuel, changes in demand for transportation services offered by the Company, capacity conditions in the Puerto Rico trade lane and changes in rate levels for transportation services offered by the Company.

     Trailer Bridge, Inc.
     John D. McCown
     Chairman & CEO
     (800) 554 -1589
     www.trailerbridge.com
     or
     TRBR INVESTOR RELATIONS COUNSEL:
     The Equity Group Inc.
     www.theequitygroup.com
     Adam Prior     (212) 836-9606
     Devin Sullivan (212) 836-9608

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