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Trailer Bridge net soars.

Florida Shipper

| March 19, 2007 | COPYRIGHT 2005 Commonwealth Business Media. (Hide copyright information)Copyright

Trailer Bridge said net income increased more than 40 percent to $3.9 million in the fourth quarter of 2006 from the same period a year earlier as revenue gained 10.7 percent on higher southbound volume and rates and increased fuel surcharges.

The Jacksonville-based carrier said total revenue of $31.1 million for the three months that ended on Dec. 31, 2006, was driven by an increase in southbound container volume of 6.3 percent, an increase in average revenue per southbound container of 5.5 percent and increased fuel surcharges. The Jones Act carrier said the Jacksonville-San Juan deployed vessel capacity utilization during the fourth quarter was 90.4 percent to …

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