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166.39000 USD
1.48
0.90%
Last update Apr 2, 3:59 PM EDT
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Day range
161.92000
167.89000
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Matson Inc.
166.39
1.48
0.90%

Overview

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Description

Matson Inc. is a premier U.S.-based transportation services company that primarily specializes in ocean shipping and logistics. Its primary function is to facilitate the efficient movement of goods across the Pacific, serving routes between the West Coast, Hawaii, Alaska, Guam, Micronesia, and other Asian markets. Matson's shipping services are instrumental in supporting the supply chain and transportation needs of various industries, including retail, manufacturing, and agriculture. Notably, Matson is recognized for its reliable schedules and for offering a wide range of services, such as dry container shipping, refrigerated container shipping, and specialized cargo transportation. In addition to its ocean logistics capabilities, Matson provides comprehensive logistics services that cover expedited freight forwarding, intermodal transportation, and warehousing solutions. Established in 1882 and headquartered in Honolulu, Hawaii, the company plays a significant role in international trade, facilitating the import and export flow essential to many businesses and economies throughout the Pacific region.

About

CEO
Mr. Matthew J. Cox
Employees
4170
Address
1411 Sand Island Parkway
Honolulu, 96819, HI
United States
Phone
808 848 1211
Website
Instrument type
Common stock
Sector
Industrials
Industry
Marine Shipping
Country
United States
MIC code
XNYS
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Latest press releases

Mar 12, 2026
John Lauer, EVP and CCO, Announces Retirement Plans

Chris Scott, SVP, Transpacific Service and Corporate Pricing, to Succeed Lauer

HONOLULU, March 12, 2026 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) announced today that John Lauer, Executive Vice President and Chief Commercial Officer, will retire on July 1, 2026, having led the sales, marketing, pricing and customer service activities of the company over the past 19 years.

The company concurrently announced that Chris Scott, Senior Vice President, Transpacific Service and Corporate Pricing, will be promoted to succeed Lauer as EVP and CCO when Lauer retires in July.

"John is a role model for leadership at Matson. He embodies values to which we all aspire – teamwork, mutual respect, integrity, accountability and innovation – and lives them every day. During his tenure, John has influenced the evolution of virtually all of our business processes and made them better," said Matt Cox, Chairman and CEO. "I want to express my deep gratitude to John for his years of dedicated service and many contributions to Matson's success."

Under Lauer's leadership, Matson has reinforced its standing and reputation as the leading carrier in its core domestic markets. He has also led the company's organic growth internationally, expanding its industry leading expedited services between China and the U.S. West Coast and introducing Matson's brand of service into important new markets with oversight responsibility for all operations in Asia. He has also been a driver of company initiatives leveraging the latest technology to introduce new management tools that will improve strategic decision making into the future.

"As a result of our longstanding bench development and succession planning efforts, we have a dynamic veteran Matson leader in Chris Scott, who is well prepared to take the baton," said Cox. "Chris will bring 34 years of broad industry experience to his new role - the majority of which has been in leadership roles across Matson operations and commercial departments. Working alongside John and Qiang Gao, our SVP, Asia, he has been integral to the successful growth of our China services over the past decade."

Having begun his career in transportation and logistics in 1992, working in trucking and warehousing operations, Scott joined Matson in 1995 as a customer service representative at Matson's Customer Service Center in Phoenix, rose to a leadership position in that organization and later served in a series of increasing leadership positions in operations and sales at Matson. He was promoted to senior vice president, transpacific services in February 2021 and was appointed to his current role in January 2026.

The company also announced that its succession plan will elevate Tony Crisafulli, Director of Trade, Transpacific Service, to the position of Vice President, Transpacific Service when Scott's appointment becomes effective on July 1.

Crisafulli, a 30-year industry veteran joined Matson in 2025 and in his current role is responsible for key commercial aspects of Matson's China service, including assisting in management of the trade relating to overall strategy, customer relationships, and allocation management. In his new role, he will be responsible to lead the commercial efforts for Matson's China services, reporting to Scott.

About the Company

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America and Asia. Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska. Additional information about the Company is available at www.matson.com.

Contact:

Keoni Wagner

Matson

510-628-4534

kwagner@matson.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/john-lauer-evp-and-cco-announces-retirement-plans-302712873.html

SOURCE Matson, Inc.

Mar 2, 2026
Matson to Introduce Enhanced Intermodal Cargo Security Program

HONOLULU, March 2, 2026 /PRNewswire/ -- In response to the rise of theft from intermodal cargo industrywide, Matson, Inc. ("Matson") today announced that it has partnered with BNSF Railway and War-Lok to introduce a new, enhanced cargo security program that will add two layers of protection to the majority of its international intermodal cargo at no cost to its customers, beginning in the second quarter of 2026.

Matson will deploy War–Lok security devices on every international container moving from Los Angeles to all BNSF network destinations including Chicago, Memphis, and Dallas, delivering the first new layer of cargo protection.

The program also features a unique agreement with BNSF Railway to position Matson containers in the lower well of international intermodal rail cars, enhancing security from Los Angeles to Chicago. The same protection will apply to cargo moving through the Chicago gateway to select Eastern U.S. destinations up to the BNSF interchange point.  

"Matson has a long history of industry leadership and pioneering customer focused innovation, and this is the latest example," said John Lauer, Executive Vice President and Chief Commercial Officer. "We're raising the bar with what we believe to be the most comprehensive carrier–led intermodal security program in the market—setting a new standard for cargo protection.

"For key destinations encompassing the majority of our inland intermodal markets, Matson customers will receive these enhanced security measures at no additional charge.

"While no security system can eliminate all risk, these added measures significantly reduce exposure to theft and reinforce Matson's commitment to protecting customer cargo throughout the inland journey." Lauer said.

Matson operates the two leading expedited services in the Transpacific trade lane. Its China-Long Beach Express (CLX) and Matson Asia Express (MAX) services each provide weekly departures with industry leading ocean transit times from China and key Southeast Asia origins, as well as unmatched destination services with same or next-day freight availability including 100% wheeled operations at its off-dock container yards.

About Matson

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates premium, expedited services from China to Long Beach, California, which includes cargo from other Asia origins, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Alaska to Asia.  The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America and Asia.  Its integrated logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, supply chain management, and freight forwarding to Alaska.  Additional information about the Company is available at www.matson.com.

Contact:

Keoni Wagner

Matson, Inc.

(510) 628-4534

kwagner@matson.com    

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/matson-to-introduce-enhanced-intermodal-cargo-security-program-302700844.html

SOURCE Matson, Inc.

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Market closed

Pre-market opens in 1 day 3 hours 39 minutes
Main market opens in 1 day 9 hours 9 minutes

00:20
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).