Interview with Matthew J. Cox, the President and CEO, & Joel M. Wine, the Senior Vice President and CFO, of Matson, Inc. (MATX)
67 WALL STREET, New York - September 30, 2013 - The Wall Street Transcript has just published its Transportation and Logistics Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Regulatory Issues in the Trucking Industry - Transportation Pricing & Capacity Dynamics
Companies include: Matson Inc. (MATX)
In the following excerpt from the Transportation and Logistics Report, the senior management team for Matson Inc. discusses the outlook for their company for investors:
TWST: Let's begin with a brief history of Matson, the services it provides and the core markets that it serves.
Mr. Cox: Matson has been serving Hawaii continuously for 132 years. Captain Matson first sailed from San Francisco to Hilo Harbor, kicking off the first of a regular service that has served us well to this day. A year ago, Matson separated from our longtime parent company, Alexander & Baldwin, to become a freestanding NYSE-listed company. Matson's longest serving and largest market is Hawaii.
Our U.S. West Coast to Hawaii service has been the core of our business. Matson also serves the U.S. West Coast to Guam and has operations which stretch from the U.S. West Coast over Guam into a number of mid-Pacific islands in Micronesia and the Marshall Islands, providing them an essential lifeline of services and cargo from the U.S. West Coast.
Matson also has weekly services from three ports in Central China into Long Beach. Matson serves Xiamen, Ningbo and Shanghai, and has the reputation as the most reliable and fastest carrier out of those markets into the U.S.
TWST: Can you explain briefly the different types of vessels that you operate?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
