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 symbol HRZ.

SOURCE Horizon Lines, Inc.

CONTACT:
Michael Avara
of Horizon Lines, Inc.
+1-704-973-7000