Rival operators benefit from Horizon Lines break up

By Marcus Williams2014-11-12T16:03:15

The business of US domestic container shipping company Horizon Lines is being sold off to rivals Matson and The Pasha Group.Matson is buying Horizon’s Alaska operations and the assumption of all non-Hawaii business liabilities for $69.2m plus the repayment of outstanding debt. The Pasha Group has bought Horizon’s Hawaii operations ...

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