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Trailer Bridge history
Trailer Bridge company history timeline
Trailer Bridge was founded in 1991 by Malcom McLean, who is recognized in the industry as "The Father of Containerization". McLean had previously started McLean Trucking Company in Winston-Salem, North Carolina, which he built into one of the largest trucking companies in the United States.
1992: Company Begins Full Scale, Profitable Operations
Trailer Bridge set out to transport stacked containers to embarkation points in the United States and then ship them via barges to Puerto Rico, and began actively offering the service in 1992.
1993: Company begins first full-year of operation.
By 1996, Trailer Bridge's success prompted the company to modify both of its triple-deck barges.
In March 1997, it ordered two new, specially made, 408-foot ocean-going container barges, which, when completed, would double the company's cargo hauling capacity.
In 1997, Trailer Bridge went public on NASDAQ and moved its headquarters to Jacksonville.
Such ambitious plans had to be put on hold, however, for, starting in 1997, despite annual increases in revenue, Trailer Bridge's bottom line went into the red. Its loss of $2 million in 1997 was its first recorded loss since its initial year of operation.
Such ambitious plans had to be put on hold, however, for, starting in 1997, despite annual increases in revenue, Trailer Bridge's bottom line went into the red. It was also in 1997 that the company started its New York-Florida service, between the ports of Newark, New Jersey, and Jacksonville.
In September 2000, it signed a multi-year agreement with Sensormatic Electronics Corporation, the world's leading supplier of security systems.
Despite the new business, Trailer Bridge's net loss reached $10.3 million in 2000.
Over the years, it expanded its fleet and capacity, and in 2000, it unveiled its shipment tracking tool.
2001: Founder McLean dies at the age of 87.
In 2004, Trailer Bridge purchased all of Kadampanattu Corporation's stock, thus gaining two 736-foot, triple-deck, ro/ro barges.
In 2010, Trailer began offering weekly service to and from Jacksonville and Puerto Plata, Dominican Republic.
During the 4th quarter of 2011, the company had notes totaling $82.5 million come due.
In the first quarter of 2012, a judge approved their reorganization plan which effectively gave Seacor Holdings control of the company with three of seven directors on the Trailer Bridge board.
In 2012, Trailer Bridge celebrated the 20th anniversary of its inaugural voyage and five years of service to Puerto Plata, DR, and also reached its one millionth customer booking, established TB Logistics, and added more containers, making it one of the world's largest fleets.
In March of 2015 is when they let the CEO go and offered me that role.
At the beginning of 2020, we’re poised to launch this big company-wide upskilling initiative.
In 2021, Trailer Bridge announced partnership with supply chain and logistics SaaS firm Mastery Systems.
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Trailer Bridge competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Yellow | 1924 | $5.2B | 19,000 | 2 |
| Delta Air Lines | 1924 | $61.6B | 86,564 | 265 |
| XPO Logistics | 1989 | $8.1B | 44,000 | - |
| Werner Enterprises | 1956 | $3.0B | 12,784 | 94 |
| Avis Budget Group | 1946 | $5.4B | 30,000 | 1,169 |
| Southwest Airlines | 1967 | $27.5B | 58,803 | 36 |
| Saia | 1924 | $3.2B | 12,000 | 148 |
| UPS | 1907 | $91.1B | 481,000 | 1,603 |
| Ryder System | 1933 | $12.6B | 39,900 | 6,344 |
| Republic Airways Holdings | 1973 | $1.3B | 451 | 109 |
Trailer Bridge history FAQs
Zippia gives an in-depth look into the details of Trailer Bridge, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Trailer Bridge. The employee data is based on information from people who have self-reported their past or current employments at Trailer Bridge. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Trailer Bridge. The data presented on this page does not represent the view of Trailer Bridge and its employees or that of Zippia.
Trailer Bridge may also be known as or be related to Trailer Bridge, Trailer Bridge Inc, Trailer Bridge Inc. and Trailer Bridge, Inc.