Horizon Lines: Majority of customers to continue shipping reliance

By Caroline Salls

Pittsburgh, April 11 - Horizon Lines, Inc. said a vast majority of its customers have indicated that they will continue to rely on the company for shipping services at the same level as before it filed a 10-K on March 28 with a going concern modification, according to an 8-K filed with the Securities and Exchange Commission.

In addition, Horizon Lines said it is experiencing a slight improvement in its accounts receivable through the end of the first quarter.

Horizon Lines is a Charlotte, N.C.-based ocean shipping and integrated logistics company.

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