Trailer Bridge Reports Improved First-Quarter Profit

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railer Bridge Inc., a provider of integrated trucking, intermodal and marine freight services, reported first-quarter net income of $976,000 or 8 cents a share.

The results compared with net earnings of $360,000 in the first quarter last year or a loss of 1 cent per share. The per-share loss had been due to preferred stock that was no longer outstanding, related to its acquisition of K Corp.

Trailer Bridge said its revenue rose 6.4% to $24.4 million and its operating income rose to $3.5 million from $1 million a year earlier.

The Jacksonville, Fla., company said in a statement that its container business continued to improve and that it was pleased with the level of its contract renewals.