Oct 23 · 11:23:00 AM · Source: Company News

Horizon Lines Friday reported that net income for the third quarter totalled $8.4 million, or 27 cents a share, down from $11.1 million, or 37 cents a share, reported last year. Operating revenue fell about 13 percent to $308.0 million.
The container shipping company said volumes were down 5.7 percent from last year, but noted that it was an improvement over the past three quarters and volume performance indicates that it might be coming off the bottom.

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by Larry Etter