Horizon Lines Issues Statement on Antitrust Investigation

CHARLOTTE, N.C., April 17 /PRNewswire-FirstCall/ -- Horizon Lines, Inc.
(NYSE: HRZ) has confirmed federal agents today served search warrants and a
grand jury subpoena relating to an investigation of pricing practices of ocean
carriers operating in the Puerto Rico trade.
Horizon Lines is cooperating fully with the government officials. Horizon
Lines has not been informed of the specific subject matter of the inquiry,
being conducted by the U.S. Department of Justice's Antitrust Division.
Horizon Lines does not expect the government inquiry to impact the service
levels provided to its customers.
About Horizon Lines
Horizon Lines, Inc. is the nation's leading domestic ocean 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.
Forward Looking Statement:
The information contained in this press release should be read in
conjunction with our filings made with the Securities and Exchange Commission.
This press release contains "forward-looking statements" within the meaning of
the federal securities laws. These forward-looking statements are intended to
qualify for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are
those that do not relate solely to historical fact. They include, but are not
limited to, any statement that may predict, forecast, indicate or imply future
results, performance, achievements or events. Words such as, but not limited
to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "target,"
"projects," "likely," "will," "would," "could," and similar expressions or
phrases identify forward-looking statements.
All forward-looking statements involve risk and uncertainties. In light
of these risks and uncertainties, expected results or other anticipated events
or circumstances discussed in this press release might not occur. We
undertake no obligation, and specifically decline any obligation, to publicly
update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. See the section entitled "Risk
Factors" in our Form 10-K filed with the SEC on February 6, 2008 for a more
complete discussion of these risks and uncertainties and for other risks and
uncertainties. Those factors and the other risk factors described therein are
not necessarily all of the important factors that could cause actual results
or developments to differ materially from those expressed in any of our
forward-looking statements. Other unknown or unpredictable factors also could
harm our results. Consequently, there can be no assurance that actual results
or developments anticipated by us will be realized or, even if substantially
realized, that they will have the expected consequences.
SOURCE Horizon Lines, Inc.

Michael T. Avara, Horizon Lines, +1-704-973-7000, mavara@horizonlines.com