Matson, Inc. MATX, a leading
U.S. carrier in the Pacific, announced today that Matson Navigation Company,
Inc. (Matson) will raise its rates for the company's Hawaii service by $175
per westbound container and $85 per eastbound container, effective January 1,
2013. The increase will be filed with the Surface Transportation Board. In
addition, Matson will raise its terminal handling charge by $50 per westbound
container and $25 per eastbound container, also effective January 1, 2013.
Matson estimates that the combined increase of both the rate adjustment and
terminal handling charge will result in shipping costs rising by an average of
5.6 percent. Historically, Matson announced average percentage increases
based solely on the rate increase, excluding terminal handling charges. As of
last year, it is now combing both numbers for the average percent increase in
the interest of greater transparency.
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