Daily Stock Analysis, MBB, Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii., priceseries

Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.. Daily Stock Analysis
Stock Information
Open
104.31
Close
104.26
High
104.50
Low
104.26
Previous Close
104.66
Daily Price Gain
-0.40
YTD High
106.97
YTD High Date
Jan 3, 2022
YTD Low
103.46
YTD Low Date
Feb 23, 2022
YTD Price Change
-2.43
YTD Gain
-2.28%
52 Week High
108.43
52 Week High Date
Aug 3, 2021
52 Week Low
103.46
52 Week Low Date
Feb 23, 2022
52 Week Price Change
-3.53
52 Week Gain
-3.28%
Company Information
Stock Symbol
MBB
Exchange
NYSE
Company URL
http://www.matson.com
Company Phone
808-848-1211
CEO
Matthew J. Cox
Headquarters
Hawaii
Business Address
1411 SAND ISLAND PARKWAY, HONOLULU, HI 96819
Sector
Equity
Industry Category
Transportation
Industry Group
Shipping
CIK
0000003453
About

Matson, Inc. is a holding company, which engages in the provision of logistics and transportation services. It operates through the Ocean Transportation and Logistics segments. The Ocean Transportation segment offers marine freight, container stevedoring, maintenance, and terminal activities. The Logistics segment includes domestic and international rail intermodal services, regional highway brokerage, specialized hauling, expedited freight operations, supply chain management, storage, and distribution services. The company was founded in 1882 and is headquartered in Honolulu, HI.

Description

Matson, Inc., through its subsidiaries, operates as an ocean cargo carrier. The company operates in two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean transportation services to the domestic economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia and in the South Pacific. This segment also operates an expedited service from China to Long Beach, California; and provides container and conventional freight services between New Zealand and other South Pacific Islands including Fiji, Samoa, American Samoa, Tonga, the Cook Islands, Niue, Vanuatu, Nauru, and the Solomon Islands. It primarily transports dry containers of mixed commodities, refrigerated commodities, packaged foods and beverages, building materials, automobiles, and household goods; general sustenance cargo; and garments, footwear, and other retail merchandise. This segment also offers container stevedoring, container equipment maintenance, and other terminal services on the islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. It operates a fleet of 22 owned and 5 chartered vessels. The Logistics segment provides multimodal transportation services, including domestic and international rail intermodal service; long-haul and regional highway brokerage, specialized hauling, flat-bed and project work, less-than-truckload, and expedited freight; and supply chain management, and warehousing and distribution services. This segment also offers freight forwarding, consolidation, customs brokerage, purchase order management, and non-vessel operating common carrier services. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.