MATX Stock Discussion

Matson, Inc. Description

Matson, Inc., together with its subsidiaries, operates as an ocean freight carrier in the Pacific. The company operates through Ocean Transportation and Logistics segments. It offers ocean transportation services through the carriage of containerized freight between various U.S. Pacific Coast, Hawaii, Guam, Micronesia, China, and other Pacific island ports by operating a fleet of 17 vessels, including 10 containerships, 3 combination container/roll-on/roll-off ships, 1 roll-on/roll-off barge, 2 container barges equipped with cranes that serve the Neighbor Islands of Hawaii, and 1 container barge equipped with cranes available for charter. The company also offers logistics services, including rail intermodal services; long haul and regional highway brokerage, less-than-truckload transportation, specialized hauling, flatbed, and project works services; and warehousing, packaging, and distribution services. In addition, it provides consolidation, customs brokerage, purchase order management, and non vessel operating common carrier services; and container stevedoring, terminal, and equipment maintenance services for ocean carriers in Honolulu. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in July 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.

Sector: Industrials
Industry: Shipping & Ports
Keywords: Transport Freight Transport Logistics Services Hawaii Barge Cargo Distribution Services Crane Intermodal Container Shipping Apl Logistics Container Ship Customs Brokerage Order Management Intermodal Services Ocean Transportation Carrier Services Containerization Truckload Transportation Dole Food Company Less Than Truckload Transportation Ocean Transportation Services Purchase Order Management Rail Intermodal Services