Last $0.40 USD
Change Today 0.00 / 0.00%
Volume 7.1K
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As of 8:10 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

horizon lines inc-cl a (HRZL) Snapshot

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10/18/13 - $1.50
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06/6/14 - $0.29
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Current Stock Chart for HORIZON LINES INC-CL A (HRZL)

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horizon lines inc-cl a (HRZL) Details

Horizon Lines, Inc., together with its subsidiaries, is engaged in Jones Act container shipping business with primary service to ports within the continental United States, Alaska, Hawaii, and Puerto Rico. The company transports a range of consumer and industrial items that are used every day, such as refrigerated and non-refrigerated foodstuffs, household goods, auto parts, building materials, and various materials used in manufacturing. It also offers vessel loading and unloading services for vessel operators at its terminals; agency services for third-party shippers lacking administrative presences; warehousing services for third-parties; and other non-transportation services. The company serves consumer and industrial products companies; and agencies of the U.S. government, including the Department of Defense and the U.S. Postal Service. It owns 13 vessels; and owns or leases approximately 22,900 cargo containers. Horizon Lines, Inc. was founded in 1956 and is headquartered in Charlotte, North Carolina.

1,621 Employees
Last Reported Date: 03/21/14
Founded in 1956

horizon lines inc-cl a (HRZL) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $370.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $315.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $370.0K
Compensation as of Fiscal Year 2013.

horizon lines inc-cl a (HRZL) Key Developments

Crowley Maritime Reportedly In Talks To Acquire Horizon Lines’ Facilities

Crowley Maritime Corporation is negotiating to acquire facilities at the San Juan port, as well as the ships and routes to and from Puerto Rico from Horizon Lines, Inc. (OTCPK:HRZL) for about $80 million, Caribbean Business reported citing industry sources. The talks for the San Juan port facilities and lines are part of Horizon Lines, Inc.'s plans to sell all three of its Jones Act routes—San Juan, Alaska and Hawaii—to different buyers for each of these markets. Goldman Sachs Group Inc. is believed to be brokering the deal. Horizon Lines, Inc. and Crowley Maritime Corporation executives declined to comment on the possible acquisition.

Horizon Lines, Inc. Announces Executive Changes

On June 27, 2014, Mr. Samuel A. Woodward resigned as President and Chief Executive Officer of Horizon Lines, Inc. and resigned as a member of the company’s board of directors. Mr. Woodward’s resignations from the company were effective June 27, 2014. Following the resignation of Mr. Woodward, the Board appointed Steven L. Rubin as Interim President and Chief Executive Officer of the company. Mr. Rubin has served as a Director of the company since November 2011. He is a Principal of InterPro Advisory LLC. He has served in 2011 as the Chairman of the Board of Directors of the Intermodal Association of North America.

Horizon Lines, Inc. Presents at Emerging Uses of Natural Gas Investor Conference, May-19-2014

Horizon Lines, Inc. Presents at Emerging Uses of Natural Gas Investor Conference, May-19-2014 . Venue: Warwick Hotel in Manhattan, New York, New York, United States.


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HRZL Competitors

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Company Last Change
Algoma Central Corp C$16.06 CAD -0.04
Eagle Bulk Shipping Inc $1.89 USD -0.04
Genco Shipping & Trading Ltd $21.45 USD 0.00
International Shipholding Corp $21.99 USD +0.14
Navios Maritime Holdings Inc $8.33 USD -0.34
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