Matson Inc (68M)

Overview

Matson, Inc., a distinguished provider of ocean transportation and logistics services, operates through its two pivotal segments: Ocean Transportation and Logistics. With a history dating back to 1882 and formerly known as Alexander & Baldwin Holdings, Inc., Matson changed its corporate identity in June 2012. Headquartered in Honolulu, Hawaii, the company has carved a niche for itself by offering specialized freight transportation services to the domestic non-contiguous economies including Hawaii, Japan, Alaska, Guam, and several island economies in Micronesia. Matson caters to a broad clientele comprising the U.S. military, freight forwarders, retailers, consumer goods companies, automobile manufacturers, and other customers, developing a reputation for reliability and efficiency in a complex market.

Products and Services

• Ocean Freight Transportation Services

  Matson’s Ocean Transportation segment is instrumental in providing ocean freight transportation services across several vital routes. Covering destinations such as Hawaii, Japan, Alaska, Guam, and the island economies of Micronesia, the service handles a diverse range of cargo. This includes dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, household goods, livestock, seafood, general sustenance cargo, garments, footwear, e-commerce, and retail merchandise. Additionally, the company operates an expedited service from China to Long Beach, California, extending to various islands in the South Pacific and Okinawa, Japan.

• Stevedoring and Terminal Services

  This service umbrella encompasses the handling of cargo, offering stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services. These are crucial in locations such as the Hawaiian islands of Oahu, Hawaii, Maui, Kauai, and Alaska locations including Anchorage, Kodiak, and Dutch Harbor, catering comprehensively to the operational needs of ocean carriers.

• Vessel Management and Container Transshipment Services

  Matson also extends its professional scope to vessel management and container transshipment services, facilitating logistical requirements and ensuring the smooth transshipment of containers across different vessels.

• Multimodal Transportation Brokerage Services

  Under its Logistics segment, Matson offers a wide range of brokerage services across various modes of transportation. These include domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services, ensuring a comprehensive logistics solution for its clients.

• Less-than-Container Load Consolidation and Freight Forwarding Services

  To accommodate smaller shipments, Matson provides less-than-container load consolidation and freight forwarding services, simplifying logistics for clients with lesser cargo volume.

• Warehousing and Distribution Services

  Supporting the supply chain further, Matson’s warehousing and distribution services offer clients storage solutions and efficient distribution systems, aiding in inventory management and product dissemination.

• Supply Chain Management and Non-Vessel Operating Common Carrier Freight Forwarding Services

  This array of services is designed to streamline supply chain processes for clients. It encompasses supply chain management services and non-vessel operating common carrier (NVOCC) freight forwarding services, offering an integrated approach to logistics and transportation challenges.