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Horizon Lines raises fuel surcharge

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.