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Matson navigates drop in Chinese business

Summary by The Garden Island
Hawaii’s largest ocean cargo transportation firm has a more positive financial outlook for the rest of this year after a rebound in business from China amid shifting trade tariff plans by President Donald Trump. Matson Inc. recently reported a 14.6% decline in cargo volume for its China service during the April-June quarter that included a rebound in mid-May after a 30% drop in April attributed to Trump tariff announcements. The rebound contribu…

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The Garden IslandThe Garden Island
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Matson navigates drop in Chinese business

Hawaii’s largest ocean cargo transportation firm has a more positive financial outlook for the rest of this year after a rebound in business from China amid shifting trade tariff plans by President Donald Trump. Matson Inc. recently reported a 14.6% decline in cargo volume for its China service during the April-June quarter that included a rebound in mid-May after a 30% drop in April attributed to Trump tariff announcements. The rebound contribu…

·Hawaii, United States
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The Garden Island broke the news in Hawaii, United States on Friday, August 15, 2025.
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