JACKSONVILLE, Fla.--(BUSINESS WIRE)--December 4, 2006--Trailer Bridge, Inc. (NASDAQ:TRBR) announced that the NASDAQ Stock Market ("NASDAQ") has approved its application for listing on the NASDAQ Global Market, formerly known as the NASDAQ National Market. The Company's stock will begin trading on the NASDAQ Global Market under the same "TRBR" ticker symbol effective today. The Company had been trading on the NASDAQ Capital Market under the same symbol since April 2003. Since then, Trailer Bridge's improved performance has resulted in a 239% increase in its stock price.

John D. McCown, Chairman and CEO of Trailer Bridge, stated, "Our move to the NASDAQ Global Market should help raise our visibility among institutional and retail investors alike, and broaden and deepen the market for our shares. We recently reported strong third quarter results, which included a 10.3% revenue increase that drove a 22.5% net income increase. Our strong operating performance is continuing into the fourth quarter and we are looking to our near and long-term future with confidence. Our listing on the premiere NASDAQ market is gratifying and symbolic of the bright future of our superior business model."

About NASDAQ Global Market

The NASDAQ Global Market consists of over 1,450 companies that have applied for listing, having met and continued to meet stringent financial and liquidity requirements and agreed to meet specific corporate governance standards. Formerly called The NASDAQ National Market, this market was renamed in 2006 to reflect the global leadership and international reach of this market and the companies whose securities are listed here. For more information on the requirements to be included on The NASDAQ Global Market, please see Listing Standards & Fees at http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf.

About Trailer Bridge, Inc.

Trailer Bridge provides integrated trucking and marine freight service to and from all points in the lower 48 states and Puerto Rico, bringing efficiency, service, security and environmental and safety benefits to domestic cargo in that traffic lane. This total transportation system utilizes its own trucks, drivers, trailers, containers and U.S. flag vessels to link the mainland with Puerto Rico via marine facilities in Jacksonville and San Juan. Additional information on Trailer Bridge is available at the www.trailerbridge.com website.

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 statements regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward looking statements are not guarantees of future performance and 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 the 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, 800-554 -1589
www.trailerbridge.com
 or
TRBR Investor Relations Counsel:
The Equity Group Inc.
Adam Prior, 212-836-9606
Devin Sullivan, 212-836-9608
www.theequitygroup.com