The uncertainty on the filing is probably what the market is looking at.

Ratings on Horizon Lines reflect its aggressive financial profile, modest financial flexibility, participation in the capital-intensive and competitive shipping industry, and an aging fleet.

We will monitor Navistar's progress in reaching a prompt resolution, as well as its current and prospective sources of liquidity. If it appears that the company will be unable to resolve these potential defaults quickly, or if the company's liquidity were to become a concern, a multiple-notch downgrade is possible.

We currently believe that Navistar will resolve the potential default well before the 60-day cure period ends. If it appears that the company will be unable to resolve this potential default quickly, or if the company's liquidity were to become a concern, a multiple-notch downgrade is possible.

All my life, I never realized you could have a conversation with a ghost.

Chadron had a water tower, grain elevators, a tanning salon, a video rental store, a small liberal arts college, a Hardee's, a stoplight, and a curling yellow sign in the pet store window that read, 'Hamsters and Tarantulas Featured Today.'