Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

MATSON, INC.

(MATX)
  Report
Delayed Nyse  -  04:00 2022-09-23 pm EDT
63.57 USD   -2.78%
09/16INSIDER SELL : Matson
MT
08/23MATSON, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
AQ
08/23Matson Adds Three Million Shares to Current Share Buyback Program
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Matson : Summary ToggleMatson Pledges $125,000 in Support to Saipan Relief Efforts

10/26/2018 | 07:02pm EDT

HONOLULU (October 26, 2018) - Matson announced today that it has pledged $125,000 in in-kind and cash support to help with emergency relief efforts in Saipan and Tinian as a result of Super Typhoon Yutu.

'Our hearts are with the residents of Saipan and Tinian as they begin to rebuild after the devastation caused by Super Typhoon Yutu,' said Matt Cox, Chairman and CEO of Matson. 'We are committed to helping with recovery efforts in the way we know best -- by getting much needed supplies, equipment and donations to Saipan as quickly and efficiently as possible.'

Matson operates a weekly service to Saipan. Its vessel Mana departed Guam on Friday, October 26 with scheduled cargo and containers filled with bottled water and ice donated by Matson and equipment from the Federal Emergency Management Agency. The vessel arrived on Saturday and is awaiting clearance to dock as soon as the Saipan Port is cleared to open.

Matson has sent additional containers of bottled water and ice from Hawaii, which will arrive in Guam on Tuesday, November 6, for transport to Saipan with arrival on Thursday, November 8.

Cox added, 'Matson has deep connections to the people of Saipan and Tinian, and we are committed to helping these communities recover.'

Matson is working with community organizations in Guam, CNMI, Hawaii and the U.S. West Coast that are collecting donations for Yutu relief efforts in Saipan and Tinian, including Ayuda Foundation and Rotary Clubs in Guam, to transport donations from Guam to Saipan in the coming weeks.

In addition, Matson has started an employee donation drive that will match donations from Matson employees with equal contributions to American Red Cross of Northern Mariana Islands. The program started October 25 and will continue through November 15, 2018.

For detailed service schedules and other information, please visit Matson.com.

About Matson

Founded in 1882, Matson is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates a premium, expedited service from China to Southern California and provides services to Okinawa, Japan and various islands in the South Pacific. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Additional information about the Company is available at www.matson.com.

Contact:

Keoni Wagner
Matson
510-628-4534
kwagner@matson.com

Disclaimer

Matson Inc. published this content on 26 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 October 2018 23:01:06 UTC


© Publicnow 2018
All news about MATSON, INC.
09/16INSIDER SELL : Matson
MT
08/23MATSON, INC. : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
AQ
08/23Matson Adds Three Million Shares to Current Share Buyback Program
MT
08/23Matson announces addition of 3 million shares to existing share repurchase program
PR
08/23Matson, Inc. announces an Increase in Equity Buyback.
CI
08/22INSIDER SELL : Globe Life
MT
08/18INSIDER SELL : Matson
MT
08/16Wolfe Research Initiates Coverage on Matson With Underperform Rating
MT
08/08INSIDER SELL : Matson
MT
08/08INSIDER SELL : Matson
MT
More news
Analyst Recommendations on MATSON, INC.
More recommendations
Financials (USD)
Sales 2022 4 587 M - -
Net income 2022 1 217 M - -
Net Debt 2022 - - -
P/E ratio 2022 2,06x
Yield 2022 -
Capitalization 2 478 M 2 478 M -
Capi. / Sales 2022 0,54x
Capi. / Sales 2023 0,74x
Nbr of Employees 4 259
Free-Float 98,2%
Chart MATSON, INC.
Duration : Period :
Matson, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MATSON, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 3
Last Close Price 63,57 $
Average target price 92,67 $
Spread / Average Target 45,8%
EPS Revisions
Managers and Directors
Matthew J. Cox Chairman & Chief Executive Officer
Joel M. Wine Chief Financial Officer & Senior Vice President
Peter T. Heilmann Chief Administrative Officer & Executive VP
Thomas B. Fargo Independent Director
Constance H. Lau Independent Director
Sector and Competitors
1st jan.Capi. (M$)
MATSON, INC.-29.39%2 478
AP MOLLER MAERSK-41.00%31 972
HAPAG-LLOYD AG-40.25%28 282
COSCO SHIPPING HOLDINGS CO., LTD.-39.35%25 309
ORIENT OVERSEAS (INTERNATIONAL) LIMITED-26.87%11 769
NIPPON YUSEN KABUSHIKI KAISHA9.70%11 357