Trailer Bridge Reports Bigger First-Quarter Loss

Trailer Bridge Inc.’s first-quarter loss widened to $10.4 million, or 86 cents per share, compared with a loss of $300,00, or 3 cents, a year ago.

Revenue fell to $24.81 million, from $28.8 million, the company said.

Its operating loss was $8 million, compared with operating income of $2.2 million a year ago. The company said it had not completed a refinancing plan.

Trailer Bridge provides integrated trucking, intermodal and marine freight services, including a core twice-weekly service to Puerto Rico and service to the Dominican Republic.