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| Tuesday, August 9th , 1955 |
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| RP Leo Cooper retired from professional baseball. |
| Tuesday, August 2nd , 1955 |
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| Promoted SP Juan Salinas to Class A Iceland A. |
| Promoted C Darragh MacMahon to Class C Iceland C. |
| Promoted 3B Mike Lucas to Class C Iceland C. |
| Received RP Rudi Kinder from Class R Iceland R. |
| Received RP Joe Harrop from Class R Iceland R. |
| Received C Dan Stilley from Class C Iceland C. |
| Received RF Ramiro Anchia from Class C Iceland C. |
| Received 3B Marcello Berendsen from Class R Iceland R. |
| Demoted RP Danny Rangel to Class R Iceland R. |
| Demoted LF Mike Bloom to Class R Iceland R. |
| Tuesday, July 5th , 1955 |
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| Promoted 3B Yasunobu Suehiro to Class C Iceland C. |
| Promoted 2B Bobby Field to Class C Iceland C. |
| Promoted 3B Mario van Dinteren to Class C Iceland C. |
| Received SP Eppe Stéphan from Class C Iceland C. |
| Received RP Bob Jorgensen from Class C Iceland C. |
| Received SS Guillermo Miranda from Class R Iceland R. |
| Received SS Jonathan Lindkvist from Class R Iceland R. |
| Received 3B Chris Mathews from Class R Iceland R. |
| Demoted RP Rudi Kinder to Class R Iceland R. |
| Demoted RP Jon Buyers to Class R Iceland R. |
| Demoted RP Brian Rogers to Class R Iceland R. |
| Demoted SP Joe Harrop to Class R Iceland R. |
| Demoted 2B Pedro de Jesus to Class R Iceland R. |
| Demoted RP Teijo Vihavainen to Class R Iceland R. |
| Demoted 1B Dustin Parker to Class R Iceland R. |
| Demoted 2B Steve Rickman to Class R Iceland R. |
| Demoted LF An-shi Zhou to Class R Iceland R. |
| Friday, July 1st , 1955 |
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| Drafted SP Vaughan Gibbs in the 1955 first-year player draft (Round 2, Pick 5, 13th overall pick). |
| Drafted 2B Pedro de Jesus in the 1955 first-year player draft (Round 8, Pick 5, 61st overall pick). |
| Drafted RP Danny Rangel in the 1955 first-year player draft (Round 14, Pick 5, 109th overall pick). |
| Drafted RP Teijo Vihavainen in the 1955 first-year player draft (Round 15, Pick 5, 117th overall pick). |
| Drafted 1B Dustin Parker in the 1955 first-year player draft (Round 19, Pick 5, 149th overall pick). |
| Drafted 2B Steve Rickman in the 1955 first-year player draft (Round 21, Pick 5, 165th overall pick). |
| Drafted LF An-shi Zhou in the 1955 first-year player draft (Round 23, Pick 5, 181st overall pick). |
| Tuesday, June 7th , 1955 |
|---|
| Promoted C Dan Stilley to Class C Iceland C. |
| Promoted 1B Camille Sanchez to Class C Iceland C. |
| Promoted RF Ramiro Anchia to Class C Iceland C. |
| Received SP Juan Salinas from Class B Iceland B. |
| Received RP Danny Shetterly from Class B Iceland B. |
| Received C Joe Duchek from Class R Iceland R. |
| Received 1B Leopoldo Tilleti from Class R Iceland R. |
| Received 2B Bobby Field from Class B Iceland B. |
| Received CF Gabe Campos from Class B Iceland B. |
| Demoted SP Vanni Claussen to Class R Iceland R. |
| Demoted SP Livio Romanelli to Class R Iceland R. |
| Demoted 1B Gustavo Lopez to Class R Iceland R. |
