News Releases
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August 10, 2020 Summary ToggleMatson, Matson Logistics, Span Alaska Rated Among Top Freight Transportation Companies
MATSON, MATSON LOGISTICS, SPAN ALASKA RATED AMONG TOP FREIGHT TRANSPORTATION COMPANIES HONOLULU, August 10, 2020 – Matson, Inc. (NYSE: MATX) subsidiary companies Matson Navigation Company, Matson Logistics and Span Alaska have all been rated by shipping customers among the top freight -
August 5, 2020 Summary ToggleMatson, Inc. Announces Second Quarter 2020 Results
- 2Q20 EPS of $0.76 vs. $0.43 in 2Q19 - 2Q20 Net Income of $32.8 million vs. $18.4 million in 2Q19 - 2Q20 EBITDA of $86.2 million vs. $64.9 million in 2Q19 - China service strength, including additional vessel charters, primarily drove increase in operating income - Allowable borrowings of -
July 9, 2020 Summary ToggleMatson Announces Preliminary 2Q20 Results, Provides Business Update And Announces 2Q20 Earnings Call Date
- Expects 2Q20 operating income for Ocean Transportation to be $40.5 to $42.5 million vs. $19.7 million in 2Q19 - Expects 2Q20 operating income for Logistics to be $8.0 to $9.0 million vs. $11.3 million in 2Q19 - Expects 2Q20 net income and diluted EPS to be $30.4 to $32.6 million and $0.70 to -
July 6, 2020 Summary ToggleMatson Christens 'Matsonia'
New "Con-Ro" Ship To Serve Hawaii SAN DIEGO , July 6, 2020 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, and General Dynamics NASSCO shipyard, christened the second of two Kanaloa Class vessels, the largest combination container / roll-on, roll-off ("con-ro") -
June 25, 2020 Summary ToggleMatson Increases Quarterly Dividend by 4.5% to $0.23 per Share
HONOLULU , June 25, 2020 /PRNewswire/ -- The Board of Directors of Matson, Inc. (" Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.23 per common share. The dividend represents a one-cent , or 4.5%, increase over the -
May 5, 2020 Summary ToggleMatson, Inc. Announces First Quarter 2020 Results
- 1Q20 EPS of $0.09 - 1Q20 Net Income and EBITDA of $3.8 million and $46.5 million, respectively - Includes business update related to COVID-19 - Closes Title XI financing for $186 million at an effective interest rate of 1.60% HONOLULU , May 5, 2020 /PRNewswire/ -- Matson, Inc. -
April 23, 2020 Summary ToggleMatson Announces Quarterly Dividend Of $0.22 Per Share
HONOLULU , April 23, 2020 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a second quarter dividend of $0.22 per common share. The dividend will be paid on June 4, 2020 to all shareholders of record as of the close of -
April 21, 2020 Summary ToggleMatson To Announce First Quarter 2020 Results On May 5, 2020
HONOLULU , April 21, 2020 /PRNewswire/ -- Matson, Inc. (" Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today announced that it will release its financial results for the first quarter on Tuesday, May 5, 2020 . A conference call is scheduled for 4:30 p.m. -
April 16, 2020 Summary ToggleMatson Community Support Totaled $3.7 Million in 2019
$500,000 Committed to Food Banks in 2020 HONOLULU , April 16, 2020 /PRNewswire/ -- Matson contributed a total of $3.7 million in cash and in-kind donations to 960 charitable organizations and non-profit programs in the communities it serves during 2019. Cash contributions, including funds directed -
April 6, 2020 Summary ToggleMatson Provides Business Updates Related To COVID-19 And 1Q20 Results
- Expects 1Q20 operating income for Ocean Transportation to be $6.5 to $9.0 million, which is above previous outlook expectation - Expects 1Q20 operating income for Logistics to be $4.5 to $5.5 million, which is below previous outlook expectation - Enhances liquidity position via debt agreement
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