Horizon Lines Delivers for Walgreens
04.23.2008
CHARLOTTE, N.C. (April 23, 2008) – Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has renewed its contract with Walgreens to remain the drugstores’ primary carrier to Puerto Rico for the next two years.
Walgreens currently operates 6,271 stores nationwide including 73 stores in Puerto Rico. As the drugstore chain continues its growth on the island, Horizon Lines will be instrumental in keeping each store stocked with more than 25,000 everyday items and medications.
"Horizon Lines moves thousands of container loads of merchandise to Puerto Rico for us each year," said Tom Stedman, director of corporate transportation for Walgreens. “Their service has been consistently fast and dependable. With Horizon Lines as our primary carrier, we can feel confident that our merchandise will arrive on time and damage free."
“We take pride in our recognized service delivery and look forward to playing a role in the growth of the nation’s largest retail pharmacy chain. Horizon Lines is committed to exceptional value and customer satisfaction and we will continue to provide reliable, on-time logistics and shipping solutions for Walgreens into the future,” said Gabriel Serra, senior vice president and general manager of Horizon Lines’ Puerto Rico Division.
Horizon Lines offers the most comprehensive service package to Puerto Rico, with two direct weekly sailings from Jacksonville, one weekly sailing from Elizabeth, NJ, and the only direct vessel call to the U.S. Gulf with service from Houston every 14 days.
About Horizon Lines
Horizon Lines, Inc. is the nation's leading domestic ocean shipping and integrated logistics company comprised of two primary operating subsidiaries. Horizon Lines, LLC, operates a fleet of 21 U.S.-flag containerships and 5 port terminals linking the continental United States with Alaska, Hawaii, Guam, Micronesia and Puerto Rico. Horizon Logistics, LLC, offers customized logistics solutions to shippers from a suite of transportation and distribution management services designed by Aero Logistics, information technology developed by Horizon Services Group and intermodal trucking and warehousing services provided by Sea-Logix. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.
Forward Looking Statement:
The information contained in this press release should be read in conjunction with our filings made with the Securities and Exchange Commission. This press release contains “forward-looking statements” within the meaning of the federal securities laws. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that do not relate solely to historical fact. They include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance, achievements or events. Words such as, but not limited to, “believe,” “expect,” “anticipate,” “estimate,” “intend,” “plan,” “target,” “projects,” “likely,” “will,” “would,” “could,” and similar expressions or phrases identify forward-looking statements.
All forward-looking statements involve risk and uncertainties. In light of these risks and uncertainties, expected results or other anticipated events or circumstances discussed in this press release might not occur. We undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. See the section entitled “Risk Factors” in our Form 10-K filed with the SEC on March 2, 2007 for a more complete discussion of these risks and uncertainties and for other risks and uncertainties. Those factors and the other risk factors described therein are not necessarily all of the important factors that could cause actual results or developments to differ materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors also could harm our results. Consequently, there can be no assurance that actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences.
Media Contact:
Gordon Forsyth
BSY Associates Inc.
(732) 817-0400 x15
Gordon@bsya.com