Matson, Inc.: insider trades · United States · SEC (Form 4)

About Matson, Inc.

Matson, Inc. is a U.S.-based transportation and logistics company listed on the NYSE under the ticker MATX, and headquartered in Honolulu, Hawaii, in the United States. For French-speaking investors, the company stands out as a highly specialized Pacific shipping operator with a strong franchise in non-contiguous U.S. trades and selected transpacific lanes. Its operating history dates back to 1882, giving Matson a long-established heritage in Pacific maritime transport. The modern group is organized around several operating entities, including Matson Navigation Company, Matson Terminals, and Matson Logistics, and it has evolved into an integrated transport platform combining ocean freight, terminal services, and inland logistics solutions. Matson’s business model is anchored by two primary segments. The first, Ocean Transportation, includes container shipping, con-ro vessels, and barges serving Hawaii, Alaska, Guam, Micronesia, and other South Pacific island markets, alongside premium expedited service from China to Southern California. The second, Logistics, provides multimodal transportation services across North America, including rail intermodal, long-haul and regional truck brokerage, supply chain services, warehousing, distribution, less-than-truckload and less-than-container-load consolidation, and international freight forwarding. This mix gives Matson a broader operating footprint than a pure-play carrier and supports customer demand for reliability, frequency, and end-to-end service. From a competitive standpoint, Matson occupies a defensible niche. It is widely recognized as a leading carrier in island economies where service reliability, vessel schedule integrity, and operational expertise can matter as much as raw capacity. The company’s fleet is tailored to the routes it serves, and its integrated terminal presence and 35% interest in SSA Terminals strengthen its West Coast logistics reach. Matson also benefits from exposure to relatively resilient demand centers such as Hawaii and Alaska, which can provide a degree of stability versus more cyclical freight markets. Recent company updates have emphasized a mixed but manageable operating backdrop. In 2025 and early 2026, Matson highlighted continued uncertainty from tariffs, global trade volatility, and macroeconomic conditions, while still reporting solid financial performance and steady operating execution. The company also disclosed a long-term fleet renewal initiative, including contracts for three new Aloha Class containerships, signaling continued capital investment in service quality and capacity renewal. For investors, Matson represents a specialized U.S. transport franchise with Pacific trade exposure, infrastructure-like characteristics, and sensitivity to U.S. consumer demand, trade policy, and regional economic activity.