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Tuesday, November 26, 2013

Matson Shipping Costs to Increase in 2014

Matson Inc. has announced that they will be forced to increase the cost to ship a container to Hawaii by approximately $225 starting January 5, 2014. Items leaving the state going westbound will see an increase of approximately $110 per container.  Dan Hoppes, the senior vice-president of ocean services, stated, "Matson remains committed to continuing to make long-term investments that will provide the state with a modern, reliable ocean transportation infrastructure. Matson continues to diligently look for ways to operate the most efficient, cost-effective service possible, without undercutting our standards of quality."

Source: Honolulu Star Advertiser, 11-26-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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