Trailer Bridge, Inc. reported the financial results for the first quarter ended March 31, 2005, highlighted by net income of $975,801, a $616,643, or a 171.7% improvement compared to the first quarter of 2004. Total revenue for the three months ended March 31, 2005 was $24,365,534, an increase of $1,456,804, or 6.4% compared to the first quarter of 2004. Total southbound volume decreased 4.0% compared to the year earlier period. This decrease was driven by reduced used car volume, while southbound container volume increased 0.4% compared to the year ago quarter. Northbound, total volume decreased 27.1% from the year ago period, driven by reduced used car and military shipments.
