• DATVF.ATLPHL
    1.712
    -0.101
    -5.6%
  • DATVF.CHIATL
    2.073
    0.027
    1.3%
  • DATVF.DALLAX
    0.990
    0.045
    4.8%
  • DATVF.LAXDAL
    1.500
    0.084
    5.9%
  • DATVF.SEALAX
    0.982
    -0.030
    -3%
  • DATVF.PHLCHI
    1.154
    0.085
    8%
  • DATVF.LAXSEA
    2.136
    0.044
    2.1%
  • DATVF.VEU
    1.646
    0.003
    0.2%
  • DATVF.VNU
    1.483
    0.024
    1.6%
  • DATVF.VSU
    1.245
    0.064
    5.4%
  • DATVF.VWU
    1.559
    0.007
    0.5%
  • ITVI.USA
    9,370.690
    -10.770
    -0.1%
  • OTRI.USA
    7.400
    -0.170
    -2.2%
  • OTVI.USA
    9,360.730
    -4.720
    -0.1%
  • TLT.USA
    2.750
    -0.010
    -0.4%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
  • DATVF.ATLPHL
    1.712
    -0.101
    -5.6%
  • DATVF.CHIATL
    2.073
    0.027
    1.3%
  • DATVF.DALLAX
    0.990
    0.045
    4.8%
  • DATVF.LAXDAL
    1.500
    0.084
    5.9%
  • DATVF.SEALAX
    0.982
    -0.030
    -3%
  • DATVF.PHLCHI
    1.154
    0.085
    8%
  • DATVF.LAXSEA
    2.136
    0.044
    2.1%
  • DATVF.VEU
    1.646
    0.003
    0.2%
  • DATVF.VNU
    1.483
    0.024
    1.6%
  • DATVF.VSU
    1.245
    0.064
    5.4%
  • DATVF.VWU
    1.559
    0.007
    0.5%
  • ITVI.USA
    9,370.690
    -10.770
    -0.1%
  • OTRI.USA
    7.400
    -0.170
    -2.2%
  • OTVI.USA
    9,360.730
    -4.720
    -0.1%
  • TLT.USA
    2.750
    -0.010
    -0.4%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
American Shipper

TRAILER BRIDGE NARROWS LOSSES IN 1ST QUARTER

TRAILER BRIDGE NARROWS LOSSES IN 1ST QUARTER

   Trailer Bridge Inc. reported a first-quarter net loss of $1.3 million, significantly narrowed from the year-earlier loss of $5.4 million.

   The Jacksonville, Fla.-based company credited discontinuance of its Northeast/Puerto Rico service at the start of the quarter, reductions in employees and overall cost-cutting for its reduced losses.

   Discontinuance of the Northeast service cut overall vessel capacity by 21.5 percent, Trailer Bridge said. Vessel capacity utilization on its remaining Jacksonville/San Juan service rose to 76.3 percent southbound, from 70.7 percent, while slipping to 18.3 percent northbound, from 22.0 percent.

   Revenue for the quarter was $17.5 million, down 15.3 percent. The company's operating loss was $519,025, compared to an operating loss of $4.5 million a year earlier.

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