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Company:  MATSON, INC. (MATX)
Form Type:  8-K
Filing Date:  2/13/2018 
CIK:  0000003453 
Address:  1411 SAND ISLAND PARKWAY 
City, State, Zip:  HONOLULU, Hawaii 96819 
Telephone:  808-848-1211 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$34.80  
Change: 
0.23 (0.67%)  
Trade Time: 
Feb 15  
Market Cap: 
$1.49B
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Description of Business
Matson, Inc., a holding company incorporated in January 2012 in the State of Hawaii, and its subsidiaries ("Matson" or the "Company"), is a leading provider of ocean transportation and logistics services. The Company consists of two segments, Ocean Transportation and Logistics. For financial information by segment for the three years ended December 31, 2017, see Note 3 to the Consolidated Financial Statements in Item 8 of Part II below. Ocean Transportation: Matson's Ocean Transportation business is conducted through Matson Navigation Company, Inc. ("MatNav"), a wholly-owned subsidiary of Matson, Inc. Founded in 1882, MatNav provides a vital lifeline of ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia.