Horizon Lines

Horizon Lines ship

Horizon Lines is a U.S. domestic ocean carrier operating in the Continental US, Hawaii, Alaska, and Puerto Rico. It is the largest Jones Act container shipping company, and the only American carrier serving all three offshore domestic markets. The Charlotte, North Carolina-based company was established in 1956 and originated as Sea-Land Service before its name change to Horizon Lines in 2005.

Horizon Lines operates 13 vessels and transports a wide range of cargo including refrigerated, military and government, hazardous material, and vehicles and household goods. The company employs approximately 1,882 individuals and recorded 2013 revenues of $1.04 billion — down 2.8 percent year-over-year.

Horizon Lines was the 35th-ranked container carrier in U.S containerized import trade in 2013, with volume of 29,138 TEUs, down 15.2 percent year-over-year, giving it market share of 0.2 percent. It was No. 23 in U.S. containerized export trade in 2013, with volume of 119,660 TEUs, down 13.2 percent year-over-year and market share of 0.9 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

29 May 2015
Matson Inc. has completed its previously announced $469 million acquisition of Horizon Lines, clearing the way for Matson to enter the U.S-flag domestic trade between the Pacific Northwest and Alaska.
24 Apr 2015
Horizon Lines said it expects to complete its sale to Matson by the end of Horizon’s second quarter in late June. The deal received clearance from U.S. antitrust regulators this week.
22 Apr 2015
The U.S. Federal Trade Commission has removed the last major obstacle to the breakup and sale of Horizon Lines and a major restructuring of domestic ocean services between the West Coast and Hawaii and Alaska.