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Published on 2/2/2012 in the Prospect News Distressed Debt Daily.

Trailer Bridge posts $3.45 million December loss, $9.63 million sales

By Caroline Salls

Pittsburgh, Feb. 2 - Trailer Bridge, Inc. reported a $3.45 million net loss for December on $9.63 million in net revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Middle District of Florida.

The company had $16.28 million in cash and cash equivalents at Dec. 31.

Trailer Bridge, a Jacksonville, Fla.-based trucking and marine transportation company, filed for bankruptcy on Nov. 16 in the U.S. Bankruptcy Court for the Middle District of Florida. Its Chapter 11 case number is 11-08348.


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