Car Volume News

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.

Trailer Bridge, Inc. reported its financial results for the second quarter ended June 30, 2001. Total revenue for the three months ended June 30, 2001 was $21,659,184, as compared to $23,764,889 for the second quarter of 2000. Compared sequentially to the first quarter of 2001, total revenue increased $1,022,471 or 5 percent. Trailer Bridge had 14.4 percent more overall vessel capacity deployed between the mainland and Puerto Rico with weekly Northeast sailings compared to bi-weekly sailings in the second quarter of 2000. Compared sequentially to the first quarter, total deployed capacity was up 11.9% primarily due to missed sailings due to dry-docking in the first quarter.