Matson Inc., the state’s largest ocean cargo transportation firm, has announced that the cost to ship goods to and from Hawaii will rise starting on January 1, 2013. Westbound containers would cost an additional $175 while eastbound containers would cost an additional $85. In addition, a separate terminal handing fee will be added at $50 per westbound container and $25 per eastbound container. All in all, these two fees would mean that shipping costs would increase by approximately 5.6 percent.
According to Matson, the rate increases are needed to offset higher operating costs. Senior Vice President of Ocean Services, Dave Hoppes, stated, “Matson continues to diligently look for ways to operate the most efficient, cost effective service possible, without undercutting our standards of quality. Matson continues to absorb a substantial amount of the expenses associated with terminal operations, the majority of which are driven by factors that are outside of our control.”
Source: Honolulu Star Advertiser, 11-29-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
