Cash Dividend: Horizon Lines Inc. (NYSE: HRZ)

2010-03-01 00:00

As previously announced - Horizon Lines Inc. (NYSE: HRZ) Board of Directors declared a quarterly cash dividend of $0.05 per share, payable on March 15, 2010, to stockholders of record on March 1, 2010.

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 20 U.S.-flag containerships 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, using information technology developed by Horizon Services Group and intermodal trucking and warehousing services provided by Sea-Logix. Transportation offerings include international ocean intermediary services and North American LTL and trucking networks. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.

For more information, visit www.horizonlines. com

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