Horizon Lines, Inc. (ticker: HRZL.PK, exchange: Pink Sheets (.PNK))
News Release -
Horizon Lines, Inc. Declares Dividend; Announces 2008 Annual Stockholder Meeting
CHARLOTTE, N.C., Jan. 31 /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 March 15, 2008 to all stockholders of record as of the close of business on
March 1, 2008.
The company also announced that it will hold its 2008 Annual Stockholder
Meeting on Tuesday, June 3, 2008 in Charlotte, North Carolina. Stockholders
of record at the close of business on April 3, 2008 will be entitled to notice
of and to vote at the meeting.
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 Holdings, 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
SOURCE Horizon Lines, Inc.
of Horizon Lines, Inc.