Matson Q4 ocean profit stable

Matson, the U.S.-based container line, said fourth-quarter results were marginally weaker on lower container volumes but got a boost from its box terminal joint venture business. Container shipments fell by 2.3% from the same quarter in 2025 as trade war effects pushed China volumes down by 7.2%. Operating income for ocean transportation decreased to $136 million from $137.4 million on revenue of $704.2 million, down from $742.1 million y/y. Matson (NYSE: MATX), based in Honolulu, saw revenue of $9.3 m ...