Horizon Lines is the nation's leading Jones Act container shipping and logistics company, accounting for approximately 37% of total U.S. marine container shipments between the continental U.S. and the three non-contiguous Jones Act markets, Alaska, Hawaii and Puerto Rico. Horizon Lines, Inc. trades on the OTCQB under the symbol “HRZL”.... More >>Any shareholder requesting a hard copy of the 10-K may obtain one free of charge by mailing a written request to Horizon Lines, Inc., Attn:
Investor Relations, 4064 Colony Road, Suite 200, Charlotte, NC 28211. |  | |
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| Date | Title | | | 01/27/12 | Horizon Lines Reaches Resolution on Environmental Record-Keeping Incident|
CHARLOTTE, N.C., Jan. 27, 2012 /PRNewswire/ -- Horizon Lines, Inc. (OTCQB: HRZL) today announced that its Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a containership in the U.S. West Coast-Hawaii service.
Under the agreement, which is subject to court approval, th... |
|  | | 01/11/12 | Horizon Lines Completes Mandatory Debt Conversion| $49.7 Million of 6.00% Series B Mandatorily Convertible Senior Secured Notes Exchanged for Common Stock and Warrants
CHARLOTTE, N.C., Jan. 11, 2012 /PRNewswire/ -- Horizon Lines, Inc. today announced that it has completed the mandatory debt-to-equity conversion of approximately $49.7 million of the company's 6.00% Series B Mandatorily Convertible Senior Secured Notes (the "Series B Notes"). The mandatory conversion reduces debt, lowers annualized interest payments and is expect... |
|  | | 12/08/11 | Horizon Lines Stockholders Approve 1-for-25 Reverse Stock Split at Special Stockholder Meeting| CHARLOTTE, N.C., Dec. 8, 2011 /PRNewswire via COMTEX/ --Horizon Lines, Inc. (OTCQB: HRZL) announced that stockholders at the company's special stockholders meeting on December 2, 2011, voted to approve, among other things, a 1-for-25 reverse stock split.
Stockholders also approved the other three proposals presented at the special meeting. Stockholders approved amending the company's certificate of incorporation to authorize the issuance of warrants in lieu of cash or redemption notes in co... |
|  | | 11/29/11 | Horizon Lines Reaches Settlement With Opt Outs in Puerto Rico Antitrust Litigation| Claims Resolved for $13.75 Million
CHARLOTTE, N.C., Nov. 29, 2011 /PRNewswire/ -- Horizon Lines, Inc. (OTCQB: HRZL) today announced that it has entered into a settlement agreement with all of the remaining significant shippers who opted out of the Puerto Rico direct purchaser antitrust class action settlement.
Horizon Lines agreed to settle with these shippers at a total cost to the company of $13.75 million in exchange for full release of all antitrust claims. Under th... |
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