Press Releases

Horizon Lines Names Bill Hamlin Executive Vice President & Chief Operating Officer

6.5.13

Horizon Lines, Inc. today announced that William A. Hamlin has been named Executive Vice President and Chief Operating Officer.

Horizon Lines to Expand Gulf Service

5.28.13

Addition of Bi-Weekly Tuesday Sailing from Jacksonville to San Juan Will Also Establish Marine Highway for Houston-to-Jacksonville Cargo

Horizon Lines Reports First Quarter 2013 Financial Results

5.1.13

Horizon Lines, Inc. today reported financial results for the fiscal first quarter ended March 24, 2013.

Governor Tom Corbett Welcomes Horizon Lines to Philadelphia

4.18.13

Ceremony at Packer Ave. Marine Terminal celebrates Horizon Lines calling in Philadelphia

Horizon Lines Reports Fourth Quarter 2012 Financial Results

3.13.13

Horizon Lines, Inc. today reported financial results for the fiscal fourth quarter ended December 23, 2012.

Horizon Lines to Move Northeast Service to Philadelphia

3.6.13

New Service Between Philadelphia and San Juan to Commence on April 11th

Mariana Express Lines Launches U.S. West Coast Service

12.12.12

Mariana Express Lines Limited today announced it will launch a U.S. West Coast service to select Micronesia locations commencing on December 15th. Horizon Lines, LLC, will serve as dedicated shipping agent for the container service, providing U.S. sales, vessel connections and logistics support.

Horizon Lines to Adjust Puerto Rico Service Schedule

12.5.12

Horizon Lines, Inc. today announced it is adjusting its Puerto Rico service schedule to better align its deployed capacity with market demand and to improve cargo availability times in San Juan.

Horizon Lines Honored with Environmental Stewardship Awards

11.28.12

Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, has received honors for environmental stewardship from the Chamber of Shipping of America and from Supply & Demand Chain Executive magazine.

Horizon Lines Reports Third-Quarter 2012 Financial Results

10.29.12

Horizon Lines, Inc. today reported financial results for the fiscal third quarter ended September 23, 2012.

Horizon Lines Adopts Shareholder Rights Plan to Protect Net Operating Loss Carryforwards

8.28.12

Horizon Lines, Inc. today announced that its Board of Directors has adopted a shareholder rights plan designed to preserve the value of its significant net operating loss carryforwards and other related tax assets under Section 382 of the Internal Revenue Code.

Horizon Lines Receives Top Honors in 'Quest for Quality' Award

8.6.12

Company Also Ranked First by Customers for Outstanding Service

Horizon Lines Reports Second-Quarter 2012 Financial Results

8.2.12

Horizon Lines, Inc. today reported financial results for the fiscal second quarter ended June 24, 2012.

Horizon Lines Names Sam Woodward President and Chief Executive Officer

6.7.12

Horizon Lines, Inc. today announced that Sam Woodward has joined the company as President and Chief Executive Officer (CEO) and has been appointed to the company’s Board of Directors, effective June 7, 2012.

Horizon Lines to Deploy 400 New State-of-the-Art Refrigerated Shipping Containers in Hawaii Service

5.16.12

Horizon Lines, Inc. announced it is deploying 400 new state-of-the-art refrigerated containers in the Hawaii tradelane.

Horizon Lines to Deploy 250 New Flat Racks and 250 New Refrigerated Shipping Containers in Alaska

5.16.12

Horizon Lines, Inc. announced it is deploying 250 new high-posted flat racks and 250 new state-of-the-art refrigerated containers in the Alaska tradelane.

Horizon Lines Reports First-Quarter 2012 Financial Results

5.9.12

Horizon Lines, Inc. reported financial results for the fiscal first quarter ended March 25, 2012.

Horizon Lines Issues Statement in Strong Support of the Jones Act

4.27.12

Horizon Lines today issued a statement from interim President and Chief Executive Officer Stephen H. Fraser in strong support of the Jones Act and all its requirements.

Horizon Lines Reports Fourth-Quarter 2011 Financial Results

4.11.12

Horizon Lines, Inc. reported financial results for the fiscal fourth quarter ended December 25, 2011.

Horizon Lines Completes Transactions to Reduce Debt and Eliminate Vessel Charter Obligations

4.10.12

Horizon Lines, Inc. announced that it has completed transactions to substantially deleverage the Company’s balance sheet and terminate vessel charter obligations related to its discontinued trans-Pacific service.

Horizon Lines Receives Lowe's Platinum Carrier Award for Sixth Consecutive Year

4.4.12

Horizon Lines, Inc. has been awarded the “2011 Platinum Carrier Award” by home improvement retailer Lowe’s Companies Inc.

Horizon Lines Announces Fundamental Change to Holders of Its Convertible Senior Secured Notes

3.16.12

Horizon Lines notified holders of its Convertible Senior Secured Notes that a Fundamental Change occurred on March 11, 2012, as a result of its shares of common stock ceasing to be listed on the New York Stock Exchange.

Horizon Lines Releases Green Initiative Progress Report

3.7.12

Horizon Lines, Inc. issued a report presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.

Horizon Lines Establishes Date for Annual Meeting of Stockholders

2.16.12

Horizon Lines, Inc. today announced that it has established a record date for its 2012 annual meeting of stockholders.

Horizon Lines Vessel Stages Predawn Rescue of Sailboat Passengers Adrift in Pacific Storm

2.8.12

Horizon Lines announced that one of its vessels enroute to Hawaii from the U.S. West Coast rescued three sailboat passengers, including a nine-year-old boy, adrift in stormy seas in the predawn hours of February 8, 2012.

Horizon Lines Reaches Resolution On Environmental Record-Keeping Incident

1.27.12

Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a containership in the U.S. West Coast-Hawaii service.

Horizon Lines Completes Mandatory Debt Conversion

1.11.12

Horizon Lines, Inc. announced that it has completed the mandatory debt-to-equity conversion of approximately $49.7 million of the company’s 6.00% Series B Mandatorily Convertible Senior Secured Notes.

Horizon Lines Stockholders Approve 1-for-25 Reverse Stock Split at Special Stockholder Meeting

12.8.11

Horizon Lines, Inc. announced that stockholders at the company’s special stockholders meeting on December 2, 2011, voted to approve, among other things, a 1-for-25 reverse stock split.

Horizon Lines Reaches Settlement with Opt Outs in Puerto Rico Antitrust Litigation

11.29.11

Horizon Lines, Inc. announced that it has entered into a settlement agreement with all of the remaining significant shippers who opted out of the Puerto Rico direct purchaser antitrust class action settlement.

Horizon Lines Expands Board of Directors to 11 Members from Eight

11.14.11

Horizon Lines, Inc. will expand its Board of Directors to 11 members from eight, effective November 25, 2011. In conjunction with the expansion, seven new directors will be appointed and four of the existing eight directors will retire.

Horizon Lines Reports 2011 Third-Quarter Financial Results

11.7.11

Horizon Lines, Inc. today reported financial results for the fiscal third quarter ended September 25, 2011.

Horizon Lines To Discontinue Trans-Pacific FSX Service

10.24.11

Last Voyage of FSX Service from China Expected on November 2; Final Sailings to Guam on November 8 and 10

Horizon Lines' Stock to Trade on the OTC Market with New Trading Symbol HRZL Starting October 20th

10.19.11

Horizon Lines, Inc. today announced that its common stock will begin trading on the OTCQB Marketplace, effective October 20, 2011.

Horizon Lines Names Joe Rodriguez Vice President Sales and Marketing, Eastern Region

10.14.11

Horizon Lines, Inc. today announced that Joe Rodriguez has been named Vice President, Sales and Marketing, Eastern Region, for the company’s Horizon Lines, LLC operating subsidiary.

Horizon Lines Completes Comprehensive Refinancing

10.5.11

Horizon Lines, Inc. today announced that it has completed a comprehensive refinancing of the company’s entire capital structure.

Horizon Lines’ Exchange Offer Expires with 99.3% of Convertible Notes Tendered

10.4.11

Horizon Lines, Inc. disclosed that its previously announced exchange offer and consent solicitation expired on October 3, 2011. As of the expiration of the exchange offer, 99.3% of the Convertible Senior Notes had been tendered into the exchange offer and consent solicitation.

Horizon Lines Clarifies Exchange Offer Documents on September 29, 2011

9.29.11

Horizon Lines, Inc. announced that it filed on September 29, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO in order to (i) extend the exchange offer and consent solicitation until October 3, 2011, (ii) incorporate the information disclosed in the company’s Current Report on Form 8-K filed with the SEC today and (iii) make other updating and conforming changes.

Horizon Lines Announces Exchange Offer and Consent Solicitation Extended to October 3, 2011

9.28.11

Horizon Lines, Inc. today announced that it has extended the expiration date for its previously announced exchange offer and consent solicitation until 5:00 p.m., New York City time, on October 3, 2011 in order to allow sufficient time to address certain important administrative matters.

Horizon Lines Extends Exchange Offer to September 27, 2011, at 5:00 p.m. New York City Time

9.26.11

Horizon Lines, Inc. today announced that it has extended the expiration date for its previously announced exchange offer and consent solicitation until 5:00 p.m., New York City time, on September 27, 2011, unless further extended.

Horizon Lines Clarifies Exchange Offer Documents, September 26, 2011

9.26.11

Horizon Lines, Inc. filed an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO in response to comments received by the Securities and Exchange Commission to (i) further clarify what exchange consideration holders of the 2012 convertible notes who are non-U.S. citizens will receive and (ii) make other updating and conforming changes.

Horizon Lines Clarifies Exchange Offer Documents on September 19, 2011

9.20.11

Horizon Lines, Inc. announced that it filed on September 19, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO relating to its previously announced exchange offer and consent solicitation for its $330.0 million of existing unsecured 4.25% convertible senior notes (“2012 convertible notes”).

Horizon Lines Clarifies Exchange Offer Documents

9.16.11

Horizon Lines, Inc. announced that it filed on September 13, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO relating to its previously announced exchange offer and consent solicitation for its $330.0 million of existing unsecured 4.25% convertible senior notes.

Horizon Lines Honored for Service Excellence and Environmental Sustainability

9.15.11

Horizon Lines, Inc. has been awarded the 2011 Quest for Quality Award from Logistics Management magazine and named a top Green Supply Chain Partner from Inbound Logistics magazine.

Horizon Lines In Modified Agreement With Note Holders For Complete Refinancing

8.26.11

CHARLOTTE, NC, August 26, 2011 – Horizon Lines, Inc. (NYSE: HRZ) today announced that it has entered into a definitive agreement and secured commitments from holders of more than 99% of its 4.25% convertible senior notes due in 2012 to move forward with a modified transaction that will refinance the company’s entire capital structure.

Horizon Lines Promotes Alherd Kazura to New Position of VP International Services

8.16.11

Horizon Lines, Inc. today announced that Alherd Kazura has been appointed to the new position of Vice President of International Services.

Horizon Lines To Announce 2nd Quarter Results On July 29

7.22.11

Horizon Lines, Inc. (NYSE: HRZ), announced today that it plans to release second-quarter 2011 financial results before the stock market opens on Friday, July 29, 2011.

Horizon Lines Secures Covenant Relief Aiding Refinancing Effort

6.24.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that it has reached an agreement with its bank group to amend its credit facility.

Horizon Lines Receives 2011 Vessel Awards for Safety and Stewardship

6.23.11

Horizon Lines, Inc. (NYSE:HRZ) has received recognition from the Chamber of Shipping of America (CSA) and the United States Coast Guard (USCG) for its record of safety and stewardship.

Ali Nikkhoo Joins Horizon Lines as VP & General Manager, Hawaii

6.16.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that Ali Behruz Nikkhoo has been named Vice President and General Manager, Hawaii, for the company’s Horizon Lines, LLC operating subsidiary.

Horizon Lines Announces Results of 2011 Annual Stockholder Meeting

6.2.11

Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company’s annual meeting today re-elected two Class III directors and ratified the appointment of Horizon Lines’ public accounting firm Ernst & Young LLP.

Horizon Lines Reaches Agreement with Convertible Note Holders for Complete Refinancing

6.1.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that it and holders of the majority of its 4.25% convertible senior notes have entered into agreements for a transaction that will refinance the company’s entire capital structure.

Horizon Lines Receives Notice Regarding NYSE Listing Criteria

5.31.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that the New York Stock Exchange (NYSE) has notified the company that it has fallen below the NYSE’s continued listing standards related to minimum market capitalization in combination with stockholders’ equity.

Horizon Lines Reaches Agreement with CSX

5.2.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that it has finalized an agreement with CSX Corporation to reduce charter payments on three vessels leased from CSX.

Horizon Lines Reports Q1 2011 Financial Results

4.29.11

Horizon Lines, Inc. (NYSE: HRZ) today reported financial results for the fiscal first quarter ended March 27, 2011.

Court Reduces Horizon Lines' Fine to $15 Million

4.28.11

Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company’s fine related to federal antitrust violations in the Puerto Rico tradelane from $45 million to $15 million.

Horizon Lines To Announce First-Quarter Results On April 29

4.26.11

Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release first-quarter 2011 financial results before the stock market opens on Friday, April 29, 2011.

Horizon Lines Receives Lowe's Platnium Carrier Award for Fifth Consecutive Year

4.20.11

Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic ocean shipping company, has been awarded the 2010 Platinum Carrier Award by home improvement retailer Lowe’s Companies Inc. Horizon was the only Jones Act ocean carrier so honored.