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Trailer Bridge’s 3Q Income Declines

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11/16/2010 9:30:00 AM

Trailer Bridge Inc.’s third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago.

Revenue fell 3.4% to $29.3 million, the company said in a statement Tuesday. Operating income fell 40.3% to $2.5 million, from $4.1 million a year ago.
Trailer Bridge provides integrated trucking, intermodal and marine freight services, including a core twice-weekly service to Puerto Rico and service to the Dominican Republic.

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Emil Estafanous, CPA, CFF, CGMA