Horizon Lines to raise Hawaii, Guam fuel surcharge 2%

Horizon Lines to raise Hawaii, Guam fuel surcharge 2%

   Horizon Lines said it will raise its fuel surcharge in the trade covering the United States, Hawaii and Guam from 13 percent to 15 percent, effective Jan. 2.

   Last week, Horizon Lines’ fellow domestic ocean carrier Matson Navigation Co. announced the same increase.

   “Increases in the cost of petroleum products impact all commercial concerns, yet perhaps most visible are the effects on transportation” said Brian Taylor, Horizon Lines’ vice president and general manager of Hawaii and Micronesia.

   “Fuel surcharges are necessary to defray increases in vessel bunker fuels but also increases in the fuels required to power yard equipment, tractors and other shore side equipment. Horizon Lines will continue to focus on efficiency and process improvement as a means to help combat further increases in petroleum market costs,” Taylor said.