Matson Inc (MATX) Sector
Industrials

(Current) $156.12
1.64 (1.06%) Open Price: 153.18

 

Matson Inc. is a transportation and logistics company that specializes in ocean shipping and integrated supply chain services. The company was founded in 1882 by Captain William Matson, a mariner and entrepreneur. Initially, Matson Inc. operated as a passenger and freight shipping company, primarily serving the Pacific region. Over the years, the company has expanded its services and evolved into a leading provider of transportation and logistics solutions.

 

Matson's core business is focused on ocean transportation, connecting the Pacific economies with the rest of the world. The company operates a fleet of vessels that carry cargo, including containers, automobiles, and other goods, between various ports in the Pacific region, including Hawaii, Alaska, Guam, and China. Matson also provides logistics services such as warehousing, distribution, and freight forwarding.

 

Matson Inc. is listed on the New York Stock Exchange under the ticker symbol MATX. The company has its headquarters in Honolulu, Hawaii, and operates multiple terminals and facilities in key port locations. With its extensive network and established infrastructure, Matson plays a vital role in supporting trade and commerce in the Pacific region.

 

The company has implemented several initiatives to reduce its environmental impact, including investing in modern, fuel-efficient vessels, adopting cleaner technologies, and implementing waste reduction and recycling programs. Matson strives to balance economic growth with environmental responsibility. Its ocean shipping services and integrated supply chain solutions are key offerings that have established the company's reputation and success. Matson's reliable and efficient transportation services have made it a trusted partner for businesses and individuals relying on the movement of goods within the Pacific region.

 



 

(11/29/24) $153.18
(12/03/24) $154.48
(12/03/24) (Qty.)224,231
(11/29/24) $152.46
(11/29/24) $154.53
(11/17/24) $150.33
(11/10/24) $169.12
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