Matson Results Presentation Deck
3
Opening Remarks
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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
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