Horizon Lines raises fuel surcharge
Jones Act ocean carrier Horizon Lines said Friday that due to sustaining high oil prices it plans to raise its fuel surcharge to a record high in early February 2008.
The Charlotte, N.C.-based carrier notified its customers that as of Feb. 4, 2008, the firm's surcharge would increase by 3 percent to an all-time industry high of 32 percent. This is the fifth surcharge increase of 2007 for Horizon and caps a two year doubling of the firm's surcharge that sat at 15 percent in January 2006.
Horizon Lines, one of the nation's largest domestic ocean carriers and logistics firm, currently operates a fleet of 21-Jones Act container vessels in services connecting the U.S. Mainland with Alaska, Hawaii, Guam, Micronesia and Puerto Rico.