Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that on June 1, 2010, Moody's Investors Service changed the rating outlook of Trailer Bridge, Inc., to stable from negative and affirmed all existing ratings, including the B3 Corporate Family Rating (CFR). Moody’s cited its expectation that credit metrics should remain within the B3 band and “substantial progress toward Trailer Bridge's final dismissal from a class action lawsuit related to anti-competitive activity in the Puerto Rico marine trade lane.”

Moody’s also confirmed its CFR of B3 on the Company’s $83 million, 9.25% senior secured notes due November 2011.

Moody's announcement follows a similar action taken by Standard & Poor's Ratings Services (S&P). In April 2010, S&P revised its outlook on the Company from negative to stable. “Trailer Bridge has over the past year improved its operating performance due to significantly lower fuel expenses, cost-cutting and better operating efficiencies, despite reduced freight volumes and pricing pressures from prolonged economic weakness,” S&P said in its news release.

Ivy Suter, Trailer Bridge’s Chief Executive Officer, said, "Over the past year, our management team has remained focused on maximizing our cash flow and strengthening our balance sheet. We purchased $1.0 million face amount of our outstanding Senior Secured Notes in January 2010, which has resulted in total debt reduction of $5.3 million over the last four quarters. We believe that the recent upgrades of Moody’s and S&P are a strong validation that we are making progress to the benefit of all Trailer Bridge shareholders.”

ABOUT TRAILER BRIDGE, INC.

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 changes in demand for transportation services offered by the Company, changes in rate levels for transportation services offered by the Company, changes in the cost of fuel, unfavorable outcomes from the United States Department of Justice (“DOJ”) investigation and related actions, economic recessions and severe weather as well the ability to retain and/or attract the necessary personnel and maintain necessary vendor relationships.

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