|
| |
|
|
|
Newsletters |
Your Gateway to a Fast
Changing World
Product News Alerts |
 |
Receive similar stories and other customized
news to keep you in the know on the products shaping
industry. |
Subscribe Free Today
Subscribe View
Sample |
Industrial
Market Trends
Has Got It |
- Latest developments
- Trends
- Best practices
- Opinions & Commentary
|
 |
Get Ahead.
Get IMT.
Subscribe Free Today
Subscribe View
Sample |
|
|
|
HORIZON LINES, LLC Release date: March 11, 2008
CHARLOTTE, N.C., March 11 /-- Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic container shipping and integrated logistics company, has implemented a combination of newly enhanced fuel efficiency and cost management programs focused on conservation and fuel cost recovery.
"We have one of the best fuel cost management programs in the industry. However, the rapid rise in fuel prices requires that we do even more to improve fuel efficiency and cost recovery across our entire network," said John Keenan, President of Horizon Lines, LLC. "As fuel prices hit new highs almost every day, we will work internally with our associates to improve efficiency and with our customers to address cost recovery."
Horizon, through its EDGE process improvement program, has identified several initiatives to increase awareness of fuel conservation techniques to reduce fuel consumption without sacrificing service levels. These initiatives include ship hull and propeller maintenance programs as well as working directly with each ship captain to identify appropriate changes in speed or course to lower overall fuel consumption while allowing ships to remain on schedule.
Recent examples of cost recovery efforts to help mitigate the rising price of fuel in tandem with conservation efforts include fuel surcharge increases in Alaska, Puerto Rico and a pending increase in Hawaii.
Horizon Lines also expects further fuel efficiency improvements throughout 2008 from its participation in the SmartWay Transport Partnership. Horizon joined the partnership this year, earning the highest fuel efficiency and environmental performance rating from the U.S. Environmental Protection Agency (EPA). The SmartWay program is a collaborative effort by the EPA and the freight industry to increase energy efficiency while significantly reducing greenhouse gas emissions and air pollution.
About Horizon Lines Horizon Lines, Inc. is the nation's leading domestic container shipping and integrated logistics company comprised of two primary operating subsidiaries. Horizon Lines, LLC, operates a fleet of 21 U.S.-flag containerships and 5 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 designed by Aero Logistics, information technology developed by Horizon Services Group and intermodal trucking and warehousing services provided by Sea-Logix. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.
Source: Horizon Lines, Inc.
CONTACT: Gordon Forsyth of BSY Associates Inc., for Horizon Lines, Inc., +1-732-817-0400
Web site: http://www.horizonlines.com/
Company Information:
Name: HORIZON LINES, LLC
Address: 4064 Colony Rd., Suite 200
City: Charlotte
State: NC
ZIP: 28211
Country: USA
Phone: 704-973-7000
http://www.horizonlines.com
|
del.icio.us
DIGG
Facebook
Reddit
StumbleUpon
Twitter
![[Get Copyright Permissions]](http://license.icopyright.net/images/icopy-w.gif){kind=small}
