Trailer Bridge Approved to Trade on Nasdaq Global Market

December 4, 2006 9:30 AM, EST

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rucking and intermodal firm Trailer Bridge said Monday that Nasdaq has approved it to trade on the Nasdaq Global Market, formerly known as the Nasdaq National Market.

Trailer Bridge, which also provides marine freight services, has traded on the Nasdaq Capital Market since April 2003.

The move “should help raise our visibility among institutional and retail investors alike, and broaden and deepen the market for our shares,” said John McCown, the company’s chairman and chief executive officer.

Trailer Bridge earned $1.9 million or 16 cents a share in the third quarter, up from $1.6 million or 13 cents a year ago. (Click here for previous coverage.)