Trailer Bridge Appoints Ivy Barton Suter as Chief Executive Officer

* Reuters is not responsible for the content in this press release.

Thu Aug 27, 2009 12:35pm EDT

Operating Performance Remains Strong Through August
JACKSONVILLE, Fla.--(Business Wire)--
Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced the
appointment of Ivy Barton Suter as Chief Executive Officer ("CEO"), effective
immediately. She succeeds Ralph W. Heim, who had served as the Company`s Interim
CEO since December 2008. Mr. Heim will remain with the Company as President and
Chief Operating Officer. 

The Company also stated that the positive operating trends that impacted results
for the second quarter ended June 30, 2009 have continued into the current third
quarter. Volumes and capacity utilization have increased for the July and August
two month period compared to similar periods in the first and second quarters of
2009. 

Ms. Suter has over 20 years of executive experience in a variety of industries,
including marine, shipping and intermodal operations. From 2006, Ms. Suter
served as Managing Director at Alvarez & Marsal, a privately-held, global
services firm. During her tenure, Ms. Suter advised companies in areas such as
financial and operational due diligence, M&A, and turnarounds. From 2005-2006,
she served as President of Service Solutions` Tools & Equipment, N.A., a
business owned by SPX Corporation, where she led a team that grew sales
organically and significantly increased operating profit and cash flow. From
2001-2005, she served as President of Gast Manufacturing a unit of IDEX
Corporation, where she led the growth of the Gast business. 

Ms. Suter, 55, is a graduate of the U.S. Merchant Marine Academy at King`s
Point, where she earned her Engineering degree and was in the first class of
women to graduate from a Federal Academy. She also earned a BS in Mathematics
from the University of Delaware and an MBA from the Harvard Business School. Ms.
Suter is the current Chairperson of the U.S. Merchant Marine Academy Alumni
Foundation. 

Mr. Allen Stevens, Chairman of Trailer Bridge, stated, "We are very pleased that
Ms. Suter has joined us as CEO, as her varied experience and strategic
background will be invaluable in building on our success. We would also like to
thank Ralph Heim for his work as Interim CEO, and look forward to his continuing
contributions." 

Ms. Suter noted, "I am honored to have the opportunity to lead Trailer Bridge. I
believe that the Company`s business model provides an incredible economic value
proposition for customers, as its quality and service can both fulfill their
shipping needs while also lowering their costs during a difficult economic
climate. I look forward to working with the Board and senior management to
advance Trailer Bridge towards the next phase of its growth." 

About Trailer Bridge

Trailer Bridge provides integrated trucking and marine freight service to and
from all points in the lower 48 states and Puerto Rico and Dominican Republic,
bringing efficiency, service, security and environmental and safety benefits to
domestic cargo in that traffic lane. This total transportation system utilizes
its own trucks, drivers, trailers, containers and U.S. flag vessels to link the
mainland with Puerto Rico via marine facilities in Jacksonville, San Juan and
Puerto Plata. Additional information on Trailer Bridge is available at the
www.trailerbridge.com website. 

This press release contains statements that constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. The matters discussed in this press release include statements regarding
the intent, belief or current expectations of the Company, its directors or its
officers with respect to the future operating performance of the Company and its
asset utilization. Investors are cautioned that any such forward looking
statements are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from those in the
forward looking statements as a result of various factors. Without limitation,
these risks and uncertainties include the risks of economic recessions, the risk
of an ongoing Department of Justice investigation into the pricing practices in
the Puerto Rico trade, the outcome of related class action lawsuits, severe
weather, changes in the price of fuel, changes in demand for transportation
services offered by the Company, capacity conditions in the Puerto Rico trade
lane and changes in rate levels for transportation services offered by the
Company. 





TRBR INVESTOR RELATIONS COUNSEL:
The Equity Group Inc.
Adam Prior, 212-836-9606
www.theequitygroup.com



Copyright Business Wire 2009

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