Horizon eliminates a Puerto Rico sailing

Markets

Thursday, December 06, 2012

Horizon Lines said it will reduce frequency of its service between Jacksonville, Fla., and Puerto Rico from two to one sailing per week. "Puerto Rico’s economy remains in a prolonged multi-year recession, during which time domestic container volumes to the island have contracted sharply,” said Richard Rodriguez, Horizon's vice president and general manager of Puerto Rico. “After a comprehensive review of our deployments in the market, we determined Horizon can more efficiently...

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