Trailer Bridge's 3Q Earnings Fall

Trailer Bridge Inc. said Wednesday it earned $364,813 or 3 cents a share in the third quarter, compared with $1.9 million or 16 cents a year ago.

Revenue slipped to $28.2 million from $28.9 million in the 2006 quarter, the company said.
Trailer Bridge said its third quarter results were negatively impacted by the startup of a new ocean shipping service to Puerto Rico and the Dominican Republic, which is estimated to have reduced net income by about $900,000 during the third quarter.

Trailer Bridge provides integrated trucking, intermodal and marine freight services.