Horizon Lines Elects New Directors
Horizon Lines, Inc. (NYSE: HRZ) announced that shareholders at the company's annual meeting yesterday elected three Class II directors and ratified the appointment of Horizon Lines' public accounting firm Ernst & Young LLP. Additionally, the Board of Directors re-elected Chief Executive Officer Charles G. Raymond as its Chairman. During the annual meeting, shareholders re-elected Class II directors Vern Clark and William J. Flynn, and elected Stephen H. Fraser as a new Class II director to succeed Dan A. Colussy, who retired from the board.
Horizon Lines to 4Q Earnings Release Call
Horizon Lines, Inc. 2008. Internet, beginning at 11:00 a.m., Eastern Time, that day. during the quarter. call: Charles G. John V. Keenan, President, Horizon Lines, LLC, Brian W. Horizon Logistics, LLC, M. Financial Officer, and John W. Handy, Executive Vice President.
Horizon Lines Announces Organization Changes
Charles G. Raymond, Chairman, President and Chief Executive Officer of Horizon Lines, Inc. said several organization changes, key executive promotions and a realignment of senior management responsibilities. Effective September 1, 2007, Horizon Lines, Inc. is structuring its transportation and logistics operations under two wholly owned subsidiaries, Horizon Lines, LLC, and Horizon Logistics, LLC. Horizon Lines, LLC will continue as the nation's leading Jones Act container shipping company, with a fleet of 21 U.S.-flag vessels and service routes linking the continental United States with Alaska, Hawaii, Guam, Micronesia and Puerto Rico.
Horizon Lines Wins RRF Contract
The U.S. Department of Transportation Maritime Administration (MarAd) announced Horizon Lines, LLC has been awarded a contract for ship management services for two of its Ready Reserve Force vessels. The Ready Reserve program operates cargo vessels to help supply U.S. military forces deployed in a combat theater. The Ocean Transportation Services (OTS) group of Horizon Lines operates the company's 16 commercial cargo container ships serving markets between the U.S. mainland and Alaska, Hawaii, Guam and Puerto Rico. Additionally, the OTS group provides ship management services to seven Oceanographic (T-AGS) vessels for the U.S. Military Sealift Command.
