Matson Results Presentation Deck slide image

Matson Results Presentation Deck

3 Opening Remarks • Matson's Ocean Transportation and Logistics business segments continued to perform well despite a challenging business environment and relatively difficult economic conditions impacting the U.S. consumer • Ocean Transportation 3Q23: Our China service experienced solid freight demand despite the muted peak season in the Transpacific tradelane but generated lower YoY volume and freight rates, which were the primary contributors to the YoY decline in our consolidated operating income - Lower YoY volumes in Hawaii, Alaska and Guam compared to year ago period Logistics 3Q23: - Lower YoY operating income primarily due to a lower contribution from transportation brokerage Third Quarter 2023 Earnings Conference Call Matson.
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