Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Horizon Lines, Inc.
Horizon Lines Applauds Introduction of Harbor Maintenance Tax Legislation in Senate
July 27th, 2008
Charles G. (Chuck) Raymond, Chairman, President & CEO of Horizon Lines, Inc. (NYSE:HRZ), the nation's leading domestic container shipping and integrated logistics company, today expressed strong support for legislation introduced in the U.S. Senate that would exempt coastwise shipping of containerized cargo from the Harbor Maintenance Tax (HMT). The legislation, introduced by Senator Frank Lautenberg (NJ), would exempt water carriage of non-bulk cargo between U.S. ports from the HMT. This would eliminate both the tax and associated paperwork burdens that discourage shippers from routing U.S. cargo by sea. By removing these barriers, the legislation would encourage use...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-27)
|
