Horizon Lines, Inc. Declares Dividend

CHARLOTTE, N.C., Oct. 23 /PRNewswire-FirstCall/ -- Horizon Lines, Inc.
(NYSE: HRZ), today announced that its Board of Directors has voted to declare
a regular quarterly cash dividend of $0.11 per share, payable on December 15,
2008, to stockholders of record at the close of business on December 1, 2008.
The dividend was approved during the regularly scheduled quarterly meeting of
the Board of Directors, which was held today.
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 owns or leases 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.

Jim Storey, Director of Investor Relations & Corporate Communications, Horizon
Lines, Inc., +1-704-973-7107, jstorey@horizonlines.com