Horizon Lines said it expects to complete its sale to Matson by the end of Horizon’s second quarter in late June. The deal received clearance from U.S. antitrust regulators this week.
26 Oct 2014
Matson Navigation is dropping its fuel surcharge on its Hawaii and Guam services to reflect the decline in bunker fuel prices.
23 Oct 2014
Matson Inc.’s Matson Terminals subsidiary will plead guilty to two misdemeanor violations and pay a $1 million penalty to resolve all federal criminal charges arising from a September 2013 molasses spill in Honolulu Harbor.
17 Sep 2014
The state of Hawaii plans to build a new $266 million container terminal in Honolulu to cater to anticipated higher levels of cargo volumes in coming decades, according to West Hawaii Today.
01 Aug 2014
Jones Act carrier Matson posted slight declines in second-quarter net profit and operating income but said it expects its operating results in the second half of 2014 to show improvement from a year ago.