Trailer Bridge Reports Improved 3Q Income, Revenue
railer Bridge Inc., a provider of integrated trucking, intermodal and marine freight services, reported third-quarter income Wednesday of $1.6 million or 13 cents a share, compared with $655,000 or 6 cents a year earlier.
The company’s revenue’s rose 9.5% to $26.2 million and its operating income rose to $4.3 million from $2 million a year earlier.
Despite the improvement, “our earnings were adversely affected by a decline in car and other specialized shipments and the spike in fuel prices prior to our increased fuel surcharge going into effect,” said John McCown, chairman and chief executive officer.