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Tuesday, December 16, 2014

Matson Announces Additional Reduction of Fuel Surcharge

Matson Inc. has announced that they will be reducing their fuel surcharge by 2 percentage points to 35.5 percent thanks to a recent decline in bunker fuel prices.  The price change will take effect on December 21, 2014 and will mark the second consecutive decrease in less than two months. Dave Hoppes, Matson's senior vice president of Ocean Services, stated, "We are pleased to be able to make this downward adjustment to our fuel surcharge, which for most customers represents a reduction in shipping costs ranging from $40 to $70 per container. We have been encouraged by the recent moderation in bunker fuel prices, and remain focused on diligently exploring ways in which we can maximize fuel efficiency for our fleet."

Source: Honolulu Star Advertiser, 12-16-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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