Archive
9.14.11
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.
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.
10.23.09
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.
3.5.09
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 J.P. Morgan’s Aviation & Transportation Conference in New York on Wednesday, March 11, 2009, at 10:45 AM EST.
2.9.09
CHARLOTTE, NC, February 9, 2009 – Horizon Lines, Inc. (NYSE: HRZ), today announced that John Keenan, President and Chief Operating Officer of Horizon Lines, LLC, and Michael Avara, Senior Vice President and Chief Financial Officer of Horizon Lines, Inc., will present (more)
2.9.09
NEW YORK, NY (Feb. 9, 2009) – The HORIZON PRODUCER, a 720-foot ocean-going container shipping vessel departs on the East River today after dry dock maintenance at the historic Brooklyn Navy Yard (more)
2.7.09
PITI, GUAM (Feb. 8, 2009) – Three gantry cranes purchased jointly by Horizon Lines, Inc. (NYSE:HRZ) and Matson Navigation Company arrived today at the Port of Guam. (more)
2.5.09
Horizon Lines, Inc. (NYSE: HRZ), today announced that it has filed its Annual Report on Form 10-K for the fiscal year ended December 21, 2008, with the United States Securities and Exchange Commission.
2.4.09
Logistics Overlooked As Key Driver of Competitive Advantage in Developing New Markets.
1.30.09
Horizon Lines, Inc. (NYSE: HRZ), today reported results for the fourth quarter and fiscal year ended December 21, 2008.
1.29.09
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 March 15, 2009, to stockholders of record on March 1, 2009. The dividend was approved during the regularly scheduled quarterly meeting of the Board of Directors, which was held today.
1.16.09
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been awarded the “2008 Platinum Carrier Award” by home improvement retailer Lowe’s Companies Inc., based in Mooresville, N.C.
1.16.09
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release fourth-quarter and 2008 financial results before the stock market opens on Friday, January 30, followed by a conference call at 11:00 a.m. Eastern Time.
1.2.09
Horizon Lines, Inc. announced today that it has been named as a defendant in a securities class action lawsuit in the United States District Court for the District of Delaware purportedly on behalf of purchasers of the Company's common stock during the period from March 2, 2007 through April 25, 2008
11.7.08
$10 million of voluntary payments in the fourth quarter; $32.5 million of voluntary payments since the second quarter.
10.23.08
CHARLOTTE, NC, October 23, 2008 – 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
10.9.08
Horizon Lines, Inc. (NYSE: HRZ), announced today that it will release third-quarter financial results before the stock market opens on Friday, October 24, followed by a conference call at 11:00 a.m. Eastern Time.
10.1.08
Today the U.S. Department of Justice announced that four individuals have agreed to plead guilty for their involvement...
9.19.08
Horizon Lines, Inc. (NYSE: HRZ), today is making a voluntary payment of $12.5 million on its revolving credit facility.
8.14.08
Well before the first drive left the tee on Thursday, preparations for the Puerto Rico Open were in full swing. As a founding ...
8.14.08
Horizon Lines, Inc. (NYSE:HRZ) the leading U.S. domestic container shipping and integrated logistics company, has been awarded ...
8.14.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has completed a containership fire-fighting exercise in Guam...
8.6.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, yesterday celebrated 50 years of service in Puerto Rico...
7.30.08
Horizon Logistics, LLC, the logistics and transportation management subsidiary of Horizon Lines, Inc. (NYSE:HRZ), has established a new corporate website ...
7.25.08
Horizon Lines, Inc. (NYSE: HRZ), today reported results for the second quarter ended June 22, 2008.
7.25.08
Horizon Lines, Inc. (NYSE: HRZ) announced that its Board of Directors has voted to declare...
7.21.08
Horizon Lines, Inc. (NYSE: HRZ), the nation’s leading domestic ocean shipping and integrated logistics company, today named James R. Storey Director of Investor Relations and Corporate Communications.
7.18.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, celebrated Safety Week in San Juan, Puerto Rico
7.18.08
Horizon Lines, Inc. (NYSE:HRZ) was presented the Logistics Excellence Award 2007 by the U.S. Army and Air Force Exchange Service ...
7.9.08
Charles G. (Chuck) Raymond, Chairman, President & CEO of Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic container
6.25.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been...
6.13.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, today announced ...
6.6.08
Horizon Lines, Inc. (NYSE: HRZ), the nation’s leading domestic ocean shipping and integrated logistics company, today named ...
5.28.08
Horizon Lines, Inc. (NYSE: HRZ) announced today that it has placed six employees involved in the Puerto Rico trade ...
5.7.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, today announced that through its technology division ...
4.30.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, received the 2008 ...
4.23.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has renewed its ...
4.17.08
Horizon Lines, Inc (NYSE:HRZ) has confirmed federal agents today served search warrants and a grand jury subpoena relating to an ...
4.15.08
Charles G. (Chuck) Raymond, Chairman, President and CEO of Horizon Lines, Inc. (NYSE:HRZ), today outlined a road map for ...
4.11.08
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic container shipping and integrated logistics company, has ...
4.8.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, received the ...
4.4.08
Horizon Lines, Inc. (NYSE:HRZ), today announced it has entered into an interest rate swap, which effectively converts ...
4.3.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been awarded ...
3.17.08
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic container shipping and integrated logistics company, today ...
3.13.08
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has announced ...
2.20.08
Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic container carrier and integrated logistics company ...
1.23.08
Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has been awarded ...