|Horizon Lines issues statement supporting Jones Act|
|Tuesday, 01 May 2012 13:53|
Horizon Lines, Inc. today issued the following statement from interim President and Chief Executive Officer Stephen H. Fraser regarding the Jones Act:
Horizon Lines is, and always has been, a very staunch supporter of the Jones Act and all of its requirements. The Jones Act stipulates that cargo shipped between two United States ports must be transported on vessels that are American-made, American-flagged, at least 75% American-owned and predominantly American crewed. We fully support these requirements and steadfastly believe they are vital to American economic, merchant marine, military, national and homeland security interests. The Jones Act has provided a strong foundation for America's domestic shipping industry since 1920, and has enjoyed the long-standing support of the U.S. Navy, bi-partisan members of Congress and every president in modern history.
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