Horizon Lines, Inc. News
Horizon Lines, Inc. Declares Dividend
CHARLOTTE, N.C., May 19 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ) announced that its Board of Directors has voted to declare a cash dividend on its outstanding shares of common stock of $0.11 per share, payable on June 15, 2008 to all stockholders of record as of the close of business on June 1, 2008. The dividend was approved during the regularly scheduled, quarterly meeting of the Board of Directors, which was held on April 24, 2008.
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 Logistics Technology 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.
SOURCE Horizon Lines, Inc.
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