Guam/China business helps Matson offset weak Hawaii market

Oceania

Friday, August 03, 2012
   Matson, Inc., which includes the liner carrier Matson Navigation Co. as well as Matson Logistics, saw first half revenue climb 7.5 percent year-on-year to $760.3 million.    The company’s liner business had revenue of $579 million in the first half, 12.9 percent higher than in the first half of 2011. Liner operating profit grew 14.6 percent to $37 million.    “The increase in the operating profit margin was primarily attributable to higher volume in the Guam trade lane and ...
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