Press Releases
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.
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.
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.
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.
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.
11.7.11
Horizon Lines, Inc. today reported financial results for the fiscal third quarter ended September 25, 2011.
10.24.11
Last Voyage of FSX Service from China Expected on November 2;
Final Sailings to Guam on November 8 and 10
10.19.11
Horizon Lines, Inc. today announced that its common stock will begin trading on the OTCQB Marketplace, effective October 20, 2011.
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.
10.5.11
Horizon Lines, Inc. today announced that it has completed a comprehensive refinancing of the company’s entire capital structure.
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.
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.
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.
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.
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.
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”).
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.
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.
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.
8.16.11
Horizon Lines, Inc. today announced that Alherd Kazura has been appointed to the new position of Vice President of International Services.
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.
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.
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.
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.
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.
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.
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.
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.
4.29.11
Horizon Lines, Inc. (NYSE: HRZ) today reported financial results for the fiscal first quarter ended March 27, 2011.
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.
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.
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.
4.19.11
Horizon Lines, Inc. (NYSE: HRZ), the nation’s leading domestic ocean shipping company, today announced that William A. Hamlin has been named Senior Vice President of Operations for the company’s Horizon Lines, LLC operating subsidiary. Mr. Hamlin reports to Brian Taylor, Executive Vice President and Chief Operating Officer, of Horizon Lines, Inc.
4.18.11
The Horizon Challenger experienced an unfortunate incident while docking at the APM Terminals facility in Houston on April 15, 2011. After being released by the tug, the vessel clipped the dock and damaged an APM Terminals crane.
APM Terminals and Horizon Lines amicably and very quickly resolved the damage issue as part of a normal process that modestly delayed the ship’s departure for San Juan, Puerto Rico. The Challenger is currently expected to arrive in San Juan on schedule.
3.25.11
Horizon Lines, Inc. (NYSE: HRZ) (the “Company”) announced today that it has extended the expiration date of its previously announced consent solicitation with respect to its 4.25% Convertible Senior Notes due 2012...
3.11.11
Horizon Lines, Inc. (NYSE: HRZ) today announced that it has entered into a credit agreement amendment with its lender group, effective March 9, 2011, providing the company with additional flexibility as it moves forward with its overall debt refinancing efforts.
2.24.11
Company in Constructive Discussions with Lenders Regarding Waivers as it Seeks New Long-term Financing
Provides Preliminary 2010 Results and 2011 Outlook; Suspends Dividend
2.24.11
Horizon Lines Announces Management Changes
1.25.11
Horizon Lines (NYSE:HRZ) announced today it has instituted a 15-day transit schedule for containerized cargo shipped from Shanghai to Kansas City with its new International service. The company launched the Five-Star Express (FSX) trans-Pacific ocean service between China and the United States in December, and selected Kansas City as a key hub for its express ocean-rail intermodal package.
10.25.10
Horizon Lines, Inc. (NYSE: HRZ), the nation's leading domestic ocean shipping and integrated logistics company, announced it will add approximately 12,500 new containers to its international and domestic shipping network to support existing customers and the carrier’s new Asia liner service launching in December.
10.22.10
Horizon Lines, Inc. (NYSE: HRZ) today reported financial results for its fiscal third quarter ended September 19, 2010.
10.21.10
Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.05 per share, payable on December 15, 2010, to stockholders of record on December 1, 2010.
10.12.10
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release third-quarter 2010 financial results before the stock market opens on Friday, October 22, 2010, followed by a conference call at 11:00 a.m. Eastern Time.
9.8.10
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been awarded a 2010 Quest for Quality Award from Logistics Management magazine, ranking in the top three for honors in the ocean carrier category.
9.3.10
Horizon Lines, Inc. (NYSE: HRZ), today announced
that Brian Taylor, Senior Vice President, International Services, and Michael Avara, Senior
Vice President and Chief Financial Officer, will present at Morgan Keegan’s
Industrial/Transportation Conference in Chicago on Tuesday, September 14, 2010, at 1:15
PM Central Time.
6.22.10
Horizon Lines Inc. (NYSE:HRZ), America’s leading containership operator and integrated logistics company, has received recognition from the United States Coast Guard (USCG) and the Chamber of Shipping of America (CSA) for its record of safety and stewardship.
6.10.10
The Board of Directors of Horizon Lines, Inc. (NYSE: HRZ) appointed Bobby J. Griffin to fill an existing vacancy as a Class III Director of the Company effective June 9, 2010.
6.2.10
Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company’s annual meeting yesterday elected three Class II directors and ratified the appointment of Horizon Lines’ public accounting firm Ernst & Young LLP.
5.19.10
Horizon Lines, Inc. (NYSE: HRZ) announced today that its motion to dismiss a securities class-action lawsuit accusing the company and certain current and former senior officers of misleading investors has been granted by a federal judge for a second and final time.
4.23.10
Horizon Lines, Inc. (NYSE: HRZ) today reported results for its fiscal first quarter ended March 21, 2010.
4.22.10
Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.05 per share, payable on June 15, 2010, to stockholders of record on June 1, 2010.
4.9.10
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release first-quarter 2010 financial results before the stock market opens on Friday, April 23, 2010, followed by a conference call at 11:00 a.m. Eastern Time.
2.26.10
• Early renewal of terminal services agreement reached with APM Terminals North America
• New Asia service will drive growth strategy upon expiration of space-charter agreement with Maersk Line in December 2010
2.1.10
The annual meeting will be held in Charlotte, North Carolina, on Tuesday, June 1, 2010.
1.29.10
Horizon Lines, Inc. (NYSE: HRZ), today reported results for its fiscal fourth quarter and year ended December 20, 2009.
1.20.10
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been awarded the “2009 Platinum Carrier Award” by home improvement retailer Lowe’s Companies Inc., based in Mooresville, N.C.
1.15.10
Management to host conference call at 11:00am ET.
1.14.10
Stronger-Than-Projected Cash Flow Used to Voluntarily Repay Debt
Business Outlook for 2010 is Cautiously Optimistic
1.4.10
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has entered into a new agreement for terminal operations at the Port of Oakland. Horizon Lines has teamed with Ports America, the largest terminal operator and stevedoring company in the Americas, to service cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia. Horizon Lines operations at the facility located at 1599 Maritime Street take effect today.
12.16.09
CHARLOTTE, N.C. (December 16, 2009) – Horizon Lines, Inc. (NYSE: HRZ) announced that it is eliminating all perquisites for its four named executive officers, effective at the end of the year.
10.29.09
Horizon Lines participating in anti-piracy technology testing. See clip
10.23.09
CHARLOTTE, NC, October 23, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today reported results for its fiscal third quarter ended September 20, 2009.
10.22.09
Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on December 15, 2009, to stockholders of record on December 1, 2009.
10.9.09
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release third-quarter financial results before the stock market opens on Friday, October 23, 2009, followed by a conference call at 11:00 a.m. Eastern Time.
9.10.09
Horizon Lines, Inc. (NYSE: HRZ), today announced that Brian Taylor, President and Chief Operating Officer of Horizon Logistics, LLC, and Michael Avara, Senior Vice President and Chief Financial Officer of Horizon Lines, Inc., will present at Morgan Keegan’s Industrial/Transportation Conference in Chicago on Thursday, September 17, 2009, at 1:15 PM Central Time.
9.3.09
Horizon Lines, Inc., (NYSE:HRZ),announced today that it will add regularly scheduled vessel container service between Tampa, Florida and Puerto Rico.
8.28.09
U.S. Flag Carrier Committed to Supporting Merchant Mariners Safety at Sea
– Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, recently participated in two separate anti-piracy system trials in an effort to better protect the lives of merchant mariners.
8.20.09
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has earned a 2009 Quest for Quality Award in the ocean carrier category from Logistics Management magazine.
8.7.09
Horizon Lines, Inc., (NYSE:HRZ) has topped the list of ocean carriers worldwide for schedule reliability in the second quarter 2009 with 100% on time performance, according to Drewry Shipping Consultants, based in London.
7.24.09
CHARLOTTE, NC, July 24, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today reported results for its fiscal second quarter ended June 21, 2009.
7.23.09
CHARLOTTE, NC, July 23, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on September 15, 2009, to stockholders of record on September 1, 2009.
7.10.09
CHARLOTTE, NC, July 10, 2009 – Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release second-quarter financial results before the stock market opens on Friday, July 24, 2009, followed by a conference call at 11:00 a.m. Eastern Time.
6.12.09
CHARLOTTE, N.C. (JUNE 12, 2009) – Horizon Lines, Inc. (NYSE:HRZ) today reported that it has entered into a settlement agreement with the plaintiffs in the Puerto Rico class action antitrust litigation, and also entered into a credit agreement amendment with its lender group.
6.3.09
Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company’s annual meeting yesterday re-elected three Class I directors,..
5.14.09
CHARLOTTE, N.C. (May 14, 2008) – Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been named Jones Act Carrier of the Year for 2008 by Walmart Stores, Inc.
5.11.09
The University of North Florida honored Tami Porter with the Impact Award for Community Partner for her transportation expertise and community involvement
4.24.09
CHARLOTTE, NC, April 24, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today reported results for the fiscal first quarter ended March 22, 2009.
4.23.09
CHARLOTTE, NC, April 23, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on June 15, 2009, to stockholders of record on June 1, 2009.
4.9.09
CHARLOTTE, NC, April 9, 2009 – Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release first-quarter financial results before the stock market opens on Friday, April 24, followed by a conference call at 11:00 a.m. Eastern Time.
4.2.09
HONOLULU, HI (April 2, 2009) – Engineering students from 12 universities around the country will begin competing here today in the conference finals of the American Society of Civil Engineers’ 22nd Annual ASCE National Concrete Canoe Competition. The winner ...
Related News
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, 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, 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, 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, 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, Inc. today reported financial results for the fiscal third quarter ended September 25, 2011.
Last Voyage of FSX Service from China Expected on November 2;
Final Sailings to Guam on November 8 and 10
Horizon Lines, Inc. today announced that its common stock will begin trading on the OTCQB Marketplace, effective October 20, 2011.
Horizon Lines, Inc. today announced that it has completed a comprehensive refinancing of the company’s entire capital structure.
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, 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, 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, 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, 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, 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, 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, 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, Inc. today announced that it has closed on a bridge loan facility of up to $25.0 million from certain of its 4.25% convertible
note holders, as part of the comprehensive refinancing agreement between the company and its
note holders announced late last month.
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, 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, Inc. (NYSE: HRZ) today announced that it has reached an agreement with its bank group to amend its credit facility.
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.
Horizon Lines, Inc. (NYSE: HRZ) today announced that it has entered into a credit agreement amendment with its lender group, effective March 9, 2011, providing the company with additional flexibility as it moves forward with its overall debt refinancing efforts.
Company in Constructive Discussions with Lenders Regarding Waivers as it Seeks New Long-term Financing
Provides Preliminary 2010 Results and 2011 Outlook; Suspends Dividend
Horizon Lines Announces Management Changes
Horizon Lines, Inc. (NYSE: HRZ), today announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.05 per share, payable on December 15, 2010, to stockholders of record on December 1, 2010.
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release third-quarter 2010 financial results before the stock market opens on Friday, October 22, 2010, followed by a conference call at 11:00 a.m. Eastern Time.
Horizon Lines Inc. (NYSE:HRZ), America’s leading containership operator and integrated logistics company, has received recognition from the United States Coast Guard (USCG) and the Chamber of Shipping of America (CSA) for its record of safety and stewardship.