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THE WEEK.(Westbound Transpacific Stabilization Agreement )

JoC Week

| December 03, 2007 | COPYRIGHT 2002 All Rights Reserved. (Hide copyright information)Copyright

McLean Family To Sell Trailer Bridge Stake: Trailer Bridge announced that the family of founder Malcom P. McLean intends to sell its stake in the Jones Act carrier. Trailer Bridge plans to work with the family to help it sell its 47.8 percent stake. The family members, including the sister and children of the Trailer Bridge founder, who died in 2001, are the beneficial owners of approximately 5.8 million shares of common stock. John D. McCown, chairman and chief executive of Trailer Bridge, said the board intends to appoint a committee of impartial, non-family directors to meet and work with the McLean family and its advisers and represent the interests of the company and its …

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