Press Releases

Here's you'll find recent press releases for our company.

Horizon Lines To Be Acquired By Matson For $0.72 Per Share In Cash

November 11, 2014

Matson to acquire all outstanding shares of Horizon Lines immediately after Pasha acquires Horizon's Hawaii trade lane business. Horizon Lines' net debt, which will be reduced with proceeds of approximately $141.5M from the Pasha transaction, will be repaid by Matson at closing. Acquisition represents an 89% premium to Horizon Lines' stock price. Read More

Matson To Acquire Horizon Lines Alaska Operations

November 11, 2014

Transaction value of $0.72 Per Common Share Plus Repayment of Debt
Acquisition Accretive to Matson's Earnings and Cash Flow
Separately Horizon to Sell Hawaii Operations to Pasha and Terminate Puerto Rico Operations
Matson Investor Conference Call Today at 5:00 PM Eastern Time
Read More

Horizon Lines Names Steve Rubin President and Chief Executive Officer

September 04, 2014

Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, today announced that the Board of Directors has elected Interim President and Chief Executive Officer Steven L. Rubin to serve as President and Chief Executive Officer on a non-interim basis effective September 1, 2014. Read More

Horizon Lines Receives 'Quest for Quality' Award

August 22, 2014

Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, received Logistics Management magazine's 2014 Quest for Quality award in the Ocean Carriers segment. Read More

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