Matson Results Presentation Deck slide image

Matson Results Presentation Deck

3 Opening Remarks ● ● ● Matson's differentiated ocean services performed well in 3Q22, but the Company achieved lower year-over-year consolidated operating income - 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. Ocean Transportation: - Our CLX, CLX+ and CCX services achieved lower year-over-year volumes which contributed to the decline in our consolidated operating income - Higher year-over-year volume in Alaska service; lower volumes in Hawaii and Guam services compared to year ago period Logistics: - Strength across all business lines - Continued to see favorable supply and demand fundamentals in our core markets Signed $1 billion in vessel construction agreements for three new LNG-ready Aloha Class vessels Pad Third Quarter 2022 Earnings Conference Call Matson.
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