Matson, Inc. is a provider of ocean transportation and logistics services, operating primarily in the Pacific region. The company's business is divided into two main segments: Ocean Transportation and Logistics. The Ocean Transportation segment, which accounts for approximately 82% of total revenue, is conducted through Matson Navigation Company. This segment provides essential ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia and the South Pacific. Additionally, Matson operates expedited services from China to Long Beach, California, which serve the Transpacific trade lane. The company's fleet includes containerships, combination container and roll-on/roll-off ships, and custom-designed barges.
The Logistics segment, operated through Matson Logistics, Inc., contributes the remaining 18% of revenue and extends the geographic reach of Matson's transportation network throughout North America and Asia. This asset-light business provides multimodal transportation brokerage (including domestic and international rail intermodal and highway trucking services), less-than-container load consolidation, freight forwarding, warehousing, and supply chain management services. Matson also holds a 35% ownership interest in SSA Terminals, LLC, a joint venture that provides terminal and stevedoring services at multiple facilities on the U.S. West Coast.
