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.
12 Mar 2015
Horizon Lines has sold some of its San Juan, Puerto Rico, container assets to a stevedoring and terminal operator based on the island, the latest sign of the U.S. domestic carrier’s exit from the business.
16 Jan 2015
The Justice Department’s antitrust division has requested additional information on Horizon Lines’ plan to sell its Hawaii business to competitor Pasha Group as part of a broad shakeup of the U.S. domestic Jones Act trade.
Weekly wrap-up for Nov. 22
22 Nov 2014
Another week of the top stories on JOC.com focusing on the crisis-level congestion plaguing U.S. West Coast ports, although one story on Horizon Lines slipped into the Top 10.
West Coast
15 Nov 2014
JOC.com readers continued to devour news emerging from the U.S. West Coast this past week, but one story on Horizon Lines being dissolved slipped into the Top 10.
11 Nov 2014
The U.S. domestic carrier Horizon Lines is being broken up, the company announced on Tuesday, with its Puerto Rico service being shut down and its Alaska and Hawaii service being sold to existing carriers in those markets.
24 Oct 2014
U.S.-flag domestic carrier Horizon Lines reported higher third-quarter profit as an 8.9 percent rise in container volume offset a 5.1 percent drop in average revenue per box.