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Crowley Liner Services – Puerto Rico Settlement

Crowley’s Puerto Rico Liner Settlement
Monday, January 18, 2010
Crowley Liner Services, Inc. (Crowley) has entered into a settlement agreement with the plaintiffs in the Puerto Rican Cabotage Antitrust Litigation. 
Although the company specifically denied violating the antitrust laws, it agreed to the settlement given the high cost and burden of litigation, which is expected to continue for [...]

General Rate Increase – Horizon Lines

December 11, 2009
 
 
PUERTO RICO SERVICE ANNOUNCEMENT
Puerto Rico General Rate Increase Effective January 15, 2010
 
Dear Valued Customer:
 
In order to continue to provide the fastest, most-reliable ocean shipping services, Horizon Lines will implement a General Rate Increase (GRI) for shipments between Puerto Rico, US, Canada, and Mexico, effective January 15, 2010.
 
This increase is necessary to help offset [...]

Horizon Lines Reaches Puerto Rico Class Action Settlement Agreement and Successfully Amends Credit Agreement

CHARLOTTE, N.C., June 12 /PRNewswire-FirstCall/—Horizon Lines, Inc. (NYSE: HRZ – News) today reported that it has entered into a settlement agreement with the plaintiffs in the Puerto Rico class action antitrust litigation, and also entered into a credit agreement amendment with its lender group.
Class Action Settlement Agreement
As previously reported, several purported class action lawsuits were [...]