Matson Results Presentation Deck
Commentary on the Transpacific Tradelane
• In 3Q22, saw lower demand for expedited ocean services in the Transpacific
tradelane compared to the high levels of freight demand during the pandemic
in the year ago period
- With less demand for expedited ocean services and easing port congestion in
Southern California, we ended our temporary CCX service in early September,
about 6 weeks earlier than expected.
• For the remainder of the year, we expect:
- To experience lower YoY freight demand and a lower rate environment for our
CLX and CLX+ services, but
To continue to earn a significant rate premium to the Shanghai Containerized
Freight Index (SCFI) due to our differentiated, reliable and fast ocean services
5 Preliminary Third Quarter 2022 Earnings Supplement
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