MATX
NYSE · Industrials · Marine Shipping · US
Matson, Inc. (NYSE:MATX) is a Hawaii-based ocean transportation and logistics company founded in 1882, making it one of America's oldest shipping companies. Originally established to serve the Hawaiian Islands, Matson has evolved into a specialized carrier serving the domestic non-contiguous U.S. markets of Hawaii, Alaska, and Guam, as well as operating expedited services from China to the U.S. West Coast. The company operates under the protection of the Jones Act, which requires that cargo shipped between U.S. ports be carried on American-flagged vessels built in U.S. shipyards and crewed by American mariners. Today, Matson operates a fleet of approximately 30 vessels and has expanded beyond pure ocean transportation to include comprehensive logistics services.