Matson sees ‘solid’ freight demand on transpacific despite muted peak season
Hawaii-based liner’s transpacific volumes slid only 1.3% year on year, but lower freight rates bite into profits
‘Solid’ freight demand sees volumes on US-listed Matson’s key China route fall by only 1.3%, but third-quarter income is expected to be slashed by more than half as freight rates retreated from last summer’s highs
