Matson

Matson Navigation Company, Inc., is a Pacific shipping company that provides services to the islands of Hawaii, Guam, and Micronesia, as well as expedited services from China to Southern California. Founded by William Matson in 1882, the Honolulu, Hawaii-based ocean carrier operates a fleet of 18 vessels, with a total carrying capacity of 31,118 TEUs as of Aug. 15, 2014, according to Alphaliner, and a total container transport volume of 236,700 TEUs in 2013. The company employs 1,036 individuals and recorded 2013 revenues of $1.6 billion — up 4.9 percent year-over-year. Its 2013 net income was $100.3 million, up 3.7 percent from the previous year’s profit of $96.7 million.

Matson Navigation Company, Inc., is a subsidiary of Matson Inc., as well as a parent company to Matson Logistics Inc. and Matson Terminals Inc.

Matson was the 25th-ranked container carrier in U.S containerized import trade in 2013, with volume of 108,410 TEUs, down 7.7 percent year-over-year, giving it market share of 0.6 percent. It was No. 31 in U.S. containerized export trade in 2013, with volume of 56,874 TEUs, up 2.1 percent year-over-year and market share of 0.4 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

26 Jul 2017
Carriers large and small battle for market share and profits in the Pacific.
05 Jul 2017
Just days after APL announced the launch of a direct Asia-Hawaii service, NYK has doubled its frequency to the US island state.
29 Jun 2017
Maersk Line says it is close to bringing its operations back to normal after a massive cyberattack.
09 Jun 2017
As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
02 Jun 2017
The 1,103-TEU Samoana will replace the 844-TEU Islander.
04 May 2017
The carrier says its China express service continues to attract premium rates.
05 Apr 2017
SSA Terminals in Tacoma will provide stevedoring and terminal services for Matson when APM Terminals' lease expires.
22 Feb 2017
Matson's premium China-Long Beach service should be a bright spot in 2017.
21 Dec 2016
Matson is adding an Okinawa call and dropping a Chinese port call in response to competition on the US domestic trade and the firming up of eastbound trans-Pacific spot rates.
08 Nov 2016
Matson's third-quarter profit declines due  to soft volumes in the Hawaii, Alaska and China trades
26 Aug 2016
Matson will build two container/roll-on, roll-off ships.
05 Aug 2016
Matson has closed on its acquisition of Alaska logistics provider Span Alaska.