U.S. import growth by volume increased to 6.9% year over year in February, overcoming the downward pressure created by the Lunar New Year holiday. Asian routes drove that growth, with imports originating ports other than China up by 17.2% year over year. Chinese ports followed, increasing i... Read more →
Shipments Processed
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3,234,009Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
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Top MATS Foreign Ports
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U.S. Ports
Top MATS U.S. Ports
- Port of Long Beach
- Service Port-Honolulu
- The Port of Los Angeles
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Shipment Statistics for Matson Navigation Co
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3,234,009Total shipments
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4,261,218 TEUsTotal volume
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1.32 TEUsAverage shipment size
Shipments by month
Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about Matson Navigation Co
Matson, Amazon forwarding lead December imports; rates inch up
Shipping rates continue to increase out of China, up 1.7% week to week as of the 14th. This was driven by increases in China to Europe rates, up 4.1% week to week and up 126.0% since the end of 2020. Carriers are likely enjoying these increased rates, posting increased profitability at the ... Read more →
ZIM leads 2M, Ceva imports surge in November
Carrier and forwarder markets in November were affected by the continuing rise in ocean freight rates, up 1.2% on average after a lull in October. China to U.S. west coast routes were particularly affected, up 4.2% week to week as of Dec 10, and up 23.8% since the end of July. Other routes ... Read more →
ZIM, MSC lead 2M import growth in October
Carriers have continued to benefit from the surge in imports, increasing profits over previous years due to a positive volume and rate environment. This totaled 48.1 billion in Q3 and will likely impact the strategy and plans of carriers into the new year. Carriers are likely warry of allow... Read more →
ZIM, Matson lead carriers, DP-DHL and K+N lead forwarders in slowing September
Carriers and forwarders showed reduced import momentum when comparing September to the prior three months ending in Aug 31. Slowdowns were driven by a continued decrease in import growth from Asia excluding China and Europe, slowing to 9.8% and 3.6% year over year respectively. Imports load... Read more →
Hapag-Lloyd, Maersk flag strained system, new services as growth slows
The container shipping lines had a bumper Q2’21 and remain confident for the rest of 2021 and into early 2022. The EBITDA reported by Maersk and Hapag-Lloyd rose by 198% and 177% year over year in Q2’21. While largely down to higher rates there’s a continued contribution f... Read more →
ZIM Shipping, MSC face attention in FMC’s surcharge inquiry
The U.S. Federal Maritime Commission has launched an “expedited inquiry” into port congestion charges, targeting eight container shipping which represented 50.2% of U.S. seaborne imports of containerized freight in Q2’21. That follows: a surge in “freight all kinds... Read more →
Matson joins the 2022 chorus, growth slowing but still substantial
Matson reported Q2’21 revenue growth of 66.9% year over year after the container line’s volume handling jumped 28.4% year over year and shipping rates surged. China-U.S. shipping volumes led the way with 59.1% growth. The firm has joined a chorus of logistics firms expecting cur... Read more →
LG Electronics, Qisda’s need for speed powers Matson to profit surge
Container line Matson projects Q1’21 net income will be $80 million to $85 million compared to analysts’ estimates of $60 million and $4 million a year earlier. The firm’s China-U.S. expedited services have been the main driver of growth with volumes having expanded by 218... Read more →
Matson sees favorable first half as MSC wins, Evergreen loses in December
Matson has provided Q4’20 earnings guidance that was more than 56% above analysts estimates, based on S&P Global Market Intelligence figures, after the container line cited “significant demand” for its China-U.S. service. The firm also expects “largely all of th... Read more →
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