Horizon Lines, Inc. Declares Regular Dividend

CHARLOTTE, N.C., Oct. 22  /PRNewswire-FirstCall/ -- 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.  The dividend was approved during the regularly scheduled quarterly meeting of the Board of Directors, which was held today.

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, owns or leases a fleet of 21 U.S.-flag containerships, one of which is classified as held for sale, and operates five 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, 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. 

DATASOURCE: Horizon Lines, Inc.



CONTACT:  Jim Storey, Director, Investor Relations & Corporate

Communications, [phone], 



Web Site:  http://www.horizonlines.com/ 

Copyright