Jacksonville, FL - January 17, 2012 -- Trailer Bridge, Inc. ("Trailer Bridge" or the "Company") (OTC: TRBRQ) today announced that it has reached an agreement with its major note holders and submitted a restructuring plan (the "Plan") to the United States Bankruptcy Court for the Middle District of Florida (the "Bankruptcy Court") on January 14, 2012. If the Plan is approved, the Company will seek to emerge from Chapter 11 by the end of March 2012.