News Releases

Trailer Bridge Reports Second Quarter And Year To Date Unaudited 2010 Financial Results
Company to Hold Conference Call on Thursday August 12, 2010, at 1:00 PM ET
August 11, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today reported unaudited financial results for the second quarter ended June 30, 2010 (see attached tables). The Company reported operating income of $3.4 million in the second quarter of 2010, a 5.7% increase compared to operating income of $3.2 million in the second quarter of 2009. Net income for the second quarter of 2010 improved by $0.2 million to $0.9 million, or $0.07 per basic and diluted share, compared to $0.7 million, or $0.06 per basic and $0.05 per diluted share, in the prior-year period. EBITDA for the second quarter of 2010 was $5.0 million, a 3.7% improvement from $4.8 million in the prior-year period. Adjusted EBITDA, as detailed in the accompanying table, was $5.3 million in the second quarter of 2010.

Trailer Bridge Reports First Quarter 2010 Unaudited Financial Results
Company to Hold Conference Call on Tuesday May 18, 2010, at 10:00 AM ET
May 17, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) (the “Company”) today reported unaudited financial results for the first quarter ended March 31, 2010 (see attached tables). The Company reported operating income of $2.2 million in the first quarter of 2010, a 23.8% increase vs. operating income of $1.8 million in the first quarter of 2009 on increased revenue and volume. Net loss for the first quarter of 2010 improved by $0.5 million to $0.3 million, or $0.03 per basic and diluted share, vs. $0.8 million, or $0.06 per basic and diluted share, in the prior-year period. The $0.3 million in net loss included $379,900 in legal and related expenses in connection with the ongoing Department of Justice investigation. EBITDA for the first quarter of 2010 was $3.8 million, a 12.4% improvement from $3.4 million in the prior-year period. Adjusted EBITDA, as detailed in the accompanying table, was $4.4 million in the first quarter of 2010.

Trailer Bridge Schedules 2010 First Quarter Financial Results Release Date And Conference Call
May 14, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its unaudited financial results for the first quarter ended March 31, 2010, after the close of the stock market on Monday, May 17, 2010. The Company will then discuss those results in a conference call on Tuesday, May 18, 2010 at 10:00 AM ET.

Trailer Bridge Reports 2009 Fourth Quarter and Year End Unaudited Financial Results
February 8, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today reported unaudited financial results for the fourth quarter and full year ended December 31, 2009 (see attached tables). The Company reported operating income of $3.6 million in the fourth quarter of 2009, a 148.4% increase vs. operating income of $1.4 million in the fourth quarter of 2008. Net income for the fourth quarter of 2009 improved by $2.1 million to $1.0 million, or $0.08 per basic and diluted share, from a net loss of $1.1 million, or $0.09 per basic and diluted share, in the prior-year period. The $1.0 million in net income included $690,000 in severance payments as part of a reduction in force and $676,000 in legal and related expenses in connection with the ongoing Department of Justice investigation. EBITDA for the fourth quarter of 2009 was $5.2 million, a 72.1% improvement from $3.0 million in the prior-year period. Adjusted EBITDA, as detailed in the accompanying table, was $6.8 million in the fourth quarter of 2009.

Trailer Bridge Schedules 2009 Fourth Quarter and Year End Financial Results Release Date And Conference Call
February 5, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2009, after the close of the stock market on Monday, February 8, 2010. The Company will then discuss those results in a conference call on Tuesday, February 9, 2010 at 10:00 AM ET.

Trailer Bridge to Webcast Presentation at the 2010 Stifel Nicolaus Transportation Conference on February 11, 2010
February 3, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that the Company’s management is scheduled to present at the Stifel Nicolaus Transportation Conference on Thursday, February 11, 2010, at the Ritz Carlton in Key Biscayne, FL. The Company’s CEO, Ivy Barton Suter, will be presenting at 9:15 AM Eastern Time, and CFO Mark Tanner and Executive Vice President & General Counsel William G. Gotimer, Jr., will be available as well. A number of publicly held companies within the transportation industry will be making individual presentations.

Trailer Bridge Announces Expansion of Dominican Republic Service
Company Working with Government to Assist in the Haiti Relief Effort
January 19, 2010 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) (the “Company”) today announced that it is expanding its Dominican Republic sailings from every two weeks to weekly. The Company will provide this service utilizing its existing vessels that currently link the ports of Jacksonville, FL, San Juan, Puerto Rico, and Puerto Plata, Dominican Republic. The new service is expected to commence in the last week of January 2010. The Company originally commenced sailing to the Dominican Republic in August 2007, and has grown its customer base significantly over the past two years. The added frequency of sailings will provide additional options for the Company’s existing shipping customers, while also making Trailer Bridge’s value proposition more attractive for potential new shippers.

Trailer Bridge Announces Common Stock and Note Repurchase Plan
December 29, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) (the “Company”) today announced that its Board of Directors has authorized the repurchase of up to $1.0 million of the Company’s common stock and up to $1.0 million of the Company’s 9 1/4% Senior Secured Notes maturing on November 15, 2011.

Trailer Bridge Schedules 2009 Third Quarter Financial Results Release Date And Conference Call
November 4, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its financial results for the third quarter ended September 30, 2009 after the close of the stock market on Tuesday, November 10, 2009. The Company will then discuss those results in a conference call on Wednesday, November 11, 2009 at 11:00 AM ET.

Trailer Bridge Repurchases $1 Million of the Company’s Outstanding Bonds
September 1, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it has repurchased in a privately negotiated transaction $1 million of its 9 1/4% Senior Secured Notes maturing on November 15, 2011, at $0.905 cents on the dollar.

Trailer Bridge Appoints Ivy Barton Suter as Chief Executive Officer
Operating Performance Remains Strong Through August
August 27, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced the appointment of Ivy Barton Suter as Chief Executive Officer (“CEO”), effective immediately. She succeeds Ralph W. Heim, who had served as the Company’s Interim CEO since December 2008. Mr. Heim will remain with the Company as President and Chief Operating Officer.

Trailer Bridge Schedules 2009 Second Quarter And Six Month Financial Results Release Date And Conference Call

August 10, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its financial results for the second quarter and six months ended June 30, 2009 after the close of the stock market on August 12, 2009. The Company will then discuss those results in a conference call the following morning August 13, 2009 at 11:00 AM ET.

Trailer Bridge Schedules 2009 First Quarter Financial Results Release Date And Conference Call

May 11, 2009 -- Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its financial results for the first quarter ended March 31, 2009 prior to the open of the stock market on May 12, 2009. The Company will then discuss those results in a conference call later that morning at 11:00 AM ET.

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