Horizon Lines ship
The Charlotte, N.C.-based carrier, which agreed to plead guilty to price-fixing related to its Puerto Rico service, is paying a $45 million fine over five years and booked a $30 million charge against earnings for the fiscal year ended Dec. 26.
The company said it accounts for about 37 percent of total U.S. marine container shipments from the mainland to Alaska, Puerto Rico and Hawaii, as well as Guam and Micronesia.