Matson Integrated Logistics Forms New Subsidiary, Matson Global

Matson Integrated Logistics Forms New Subsidiary, Matson Global

OAKLAND, CA -- Matson Integrated Logistics ("MIL") announced today it is forming a subsidiary, Matson Global Distribution Services ("Matson Global"), to expand its service menu to include warehousing and distribution, freight forwarding and NVOCC services. "Matson Global complements our existing product offering - from ocean transit to inland distribution - and enhances our ability to serve our growing domestic base while opening new markets in Asia. With its formation, we become a true third-party logistics player," remarked Robert (Bob) C. Papworth, MIL President.

Brian Howver, a 26-year industry veteran, will head the new subsidiary as vice president and managing director, reporting directly to Papworth. Howver will be responsible for overseeing all aspects of the new business, including developing its strategic plan and extend the operations of MIL. "Brian Howver has the expertise required to launch this company and will strengthen MIL's reputation as an integrated logistics provider. We will now manage the entire supply chain process for our customers, from warehousing to distribution, using the most cost-efficient transport mode available - truck, rail, ocean or air," said Papworth.

Howver's experience in the industry includes executive positions with NFI National Distribution Centers, American President Lines, Bekins International Group, St. George Distribution and United States Consolidation. He will be based in Brea, California, and will focus initially on building Matson Global's warehousing presence on the West Coast.

Matson Global will additionally provide benefits to Matson Navigation Company (MIL's parent company), particularly for its guaranteed China -- Long Beach Express ocean transit service. "Matson Integrated Logistics has enjoyed steady growth in its markets in recent years and is recognized today in the top tier of logistics companies in the nation," said James Andrasick, President and CEO of Matson Navigation Company. "With Matson Global, we build on that momentum and create additional value and opportunities for all of our customers."

Matson provides ocean transportation, intermodal and logistics services. Matson is a wholly owned subsidiary of Alexander & Baldwin, Inc. (NASDAQ: ALEX).

Jeff Hull, public relations
(510) 628-4534