{"id":2068,"date":"2015-04-22T06:06:16","date_gmt":"2015-04-22T06:06:16","guid":{"rendered":"https:\/\/honolulufreightservice.com\/stage3\/?p=2068"},"modified":"2016-06-03T19:20:19","modified_gmt":"2016-06-03T19:20:19","slug":"the-pasha-groups-acquisition-of-horizons-hawaii-business-cleared-by-the-doj","status":"publish","type":"post","link":"https:\/\/honolulufreightservice.com\/stage3\/the-pasha-groups-acquisition-of-horizons-hawaii-business-cleared-by-the-doj\/","title":{"rendered":"The Pasha Group\u2019s Acquisition of Horizon\u2019s Hawaii Business Cleared by the DOJ"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.pashahawaii.com\/sites\/default\/files\/styles\/news-style-4\/public\/field\/image\/horizon-clearedbydoj-042215.jpg?itok=eIaHVxtm\" alt=\"\" width=\"396\" height=\"206\" \/><\/p>\n<p>The U.S. Department of Justice (DOJ) has cleared The Pasha Group\u2019s acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon). The clearance paves the way for an anticipated final closing before the end of the second quarter. The Pasha Group, one of the nation\u2019s leading Jones Act shipping and integrated logistics companies, has been serving the Mainland\/Hawaii trade lane since 2005.<\/p>\n<p>Upon closing, Pasha Hawaii, a wholly owned subsidiary of the family-owned global logistics company, will assume operations for all of Horizon\u2019s Hawaii business, including Horizon\u2019s four U.S. flag container ships in the Hawaii trade lane.<\/p>\n<p>In addition to the ships, The Pasha Group will also acquire Horizon subsidiaries Hawaii Stevedores, Inc.; the California-based operations of Sea-Logix, LLC, which provides trucking and warehousing services; and Sunrise Operations, a subsidiary that will include Horizon\u2019s vessels and Hawaii-based employees. After closing, Pasha will partner with Jacksonville, Florida-based Crowley Maritime Corporation to provide ship management of the vessels and crew through Crowley subsidiary Marine Transport Management, Inc.<\/p>\n<p>In becoming part of Pasha, Horizon\u2019s Hawaii business will operate alongside Pasha Hawaii\u2019s existing operations, which include Pasha\u2019s two Jones Act-qualified vessels, the <em>M\/V Jean Anne<\/em> and the new <em>M\/V Marjorie C.<\/em> By expanding its operations with Horizon\u2019s Hawaii fleet, Pasha will be able to provide customers with a wider offering of high-quality, scheduled shipping and logistics services for containers, refrigerated containers, and a variety of roll-on\/roll-off cargoes. \u201cWe are excited for the opportunity to welcome Horizon\u2019s Hawaii family of employees to the Pasha team,\u201d said George Pasha, IV, President and CEO. \u201cI am confident that the combination of our two businesses will allow us to more effectively serve our new expanded customer base. I look forward to working together with all of our customers to assure we deliver solutions that meet and exceed expectations.\u201d<\/p>\n<p>Pasha noted that the company plans to make significant upgrades to the Horizon fleet, and that environmental responsibility and stewardship will continue to be a major part of Pasha Hawaii\u2019s culture and vessel operations. The company will stay actively involved with local charities and organizations in the communities it serves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Justice (DOJ) has cleared The Pasha Group\u2019s acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon). The clearance paves the way for an anticipated final closing before the end of the second quarter. The Pasha Group, one of the nation\u2019s leading Jones Act shipping and integrated logistics companies, has [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-2068","post","type-post","status-publish","format-standard","hentry","category-industry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/posts\/2068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/comments?post=2068"}],"version-history":[{"count":6,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/posts\/2068\/revisions"}],"predecessor-version":[{"id":2074,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/posts\/2068\/revisions\/2074"}],"wp:attachment":[{"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/media?parent=2068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/categories?post=2068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/honolulufreightservice.com\/stage3\/wp-json\/wp\/v2\/tags?post=2068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}