December 28, 2006
Trailer Bridge joins EPA backed green partnership
Trailer Bridge, Inc. (NASDAQ Global Market: TRBR), has joined the SmartWay Transport Partnership, a voluntary collaboration between the U.S. Environmental Protection Agency (EPA) and the freight industry that is designed to increase energy efficiency while significantly reducing greenhouse gases and air pollution.
Shippers who are members of the SmartWay Transport Partnership have committed to move 50% of their freight with carriers who are also members. Though the partnership doesn't yet have a marine component, Trailer Bridge says it will "assist in the establishment of a maritime category."
Launched in February 2004, the SmartWay Transport Partnership aims to achieve fuel savings of up to 150 million barrels of fuel per year. It brings together major freight shippers, trucking companies, railroads, logistics companies and trade/professional associations to pursue mutually beneficial efficiencies that result in emissions reductions and other environmental improvements, as well as cost savings to the companies.
Trailer Bridge provides integrated trucking and marine freight service to and from all points in the lower 48 states and Puerto Rico. The maritime segment of its operations is handled by its own tug/barge units.
"Joining the SmartWay Transport Partnership fits with the much cleaner environmental footprint we offer shippers for freight moving from the mainland to Puerto Rico," said Trailer Bridge Chairman & CEO John D. McCown. "While not currently a component of the SmartWay program, the greater fuel efficiency and much cleaner fuel associated with our tug/barge vessels translate into 4 to 6 times fewer emissions per cargo unit compared to the self-propelled vessels now serving Puerto Rico. Trailer Bridge's customer relationships are often driven by our more cost-efficient transportation system, but this environmental edge is becoming increasingly important for companies concerned about their environmental footprint. In the future, I expect that shippers who are members of the SmartWay Transport Partnership will be able to take credit for both the superior environmental performance of Trailer Bridge's trucking and vessel operations."
As a SmartWay Transport Partner Carrier, Trailer Bridge has committed to: