Horizon Lines Joins U.S. EPA SmartWay Transport Partnership
02.20.2008
CHARLOTTE, N.C. (February 20, 2008) – Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic container carrier and integrated logistics company, announced today it has joined the SmartWay Transport Partnership and earned the highest fuel efficiency and environmental performance rating from the U.S. Environmental Protection Agency (EPA). The SmartWay program is a collaboration between the EPA and the freight industry designed to increase energy efficiency while significantly reducing greenhouse gas emissions and air pollution.
“We have worked for several years to reduce pollution and improve energy efficiency in our operations,” said John V. Keenan, President, Horizon Lines, LLC. “We are proud to earn the highest performance ranking by EPA for our efforts and look forward to making a difference in the future.”
“We will continue to do our part for the environment with our innovative new technology, equipment upgrades and logistics programs to improve energy efficiency and air quality,” said Brian Taylor, President of Horizon Logistics, LLC. “We already are implementing new sustainability programs across the company for carbon offsetting and emissions reductions.”
The SmartWay Transport Partnership aims to achieve fuel savings of up to 150 million barrels of fuel per year. The Partnership brings major freight shippers, trucking companies, railroads, logistics companies and trade/professional associations together to pursue mutually beneficial efficiencies that result in emissions reductions and other environmental improvements, as well as cost savings to the companies. The Partnership currently has over 450 Partners.
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About Horizon Lines
Horizon Lines, Inc. is the nation's leading container carrier 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 delivers innovative transportation and distribution solutions for the toughest supply chain challenges in North America, offering customized solutions for manufacturers and retailers in various industries, including apparel, energy, healthcare, high tech, mining, pharmaceuticals and seafood. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ. For more information, visit www.horizonlines.com.
Visit www.epa.gov/smartway for information about the SmartWay Transport Partnership.
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 quality 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 development 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:
Kimberly Kastner
BSY Associates Inc.
(732) 817-0400 x28