Horizon Lines' Profit Improves

Horizon Lines said Friday its third-quarter profit jumped to $12.5 million, or 42 cents a share, from $1.6 million, or 5 cents, a year ago.

The ocean shipping and logistics company reported a 9.8% jump in its operating revenue to $352.6 million, from $321.1 million a year ago.

Horizon attributed the revenue increase in part to the company's acquisition of Aero Logistics.