Matson Results Presentation Deck
5
Current Views on the Transpacific Tradelane
We are seeing solid demand for our China service as China's factory
production continues to recover from the COVID-19-related supply chain
challenges
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However, in recent weeks we have seen a gradual decline in the Transpacific
freight rate environment off the highs from earlier in the year
Indicates that rates have likely peaked for now
• At this time, expect an orderly marketplace for the remainder of the year with
our vessels continuing to operate at or near capacity and earning a significant
rate premium to the market because of our differentiated, fast ocean services
We continue to expect to operate the CCX (China-California Express) service
through at least the October peak season this year
Preliminary Second Quarter 2022 Earnings Supplement
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