Matson to increase shipping rates by 5.4% - Hawaii News Now - KGMB and KHNL

Matson to increase shipping rates by 5.4%

Matson containers Matson containers
HONOLULU (HawaiiNewsNow) -

Matson Navigation announced Tuesday that it will raise its rates for its Hawaii service by $225 per westbound container and $110 per eastbound container, effective January 4, 2015.

Matson will not raise its terminal handling charge. Matson estimates that the rate adjustment will result in shipping costs rising by an average of 5.4% percent.

The increase will be filed with the Surface Transportation Board.

“This rate increase will help offset rises in operating costs and support ongoing investments in our Hawaii service,” said Dave Hoppes, senior vice president, ocean services. “The adjustment is consistent with our longstanding philosophy of implementing modest, incremental increases as necessary to maintain the highest levels of service, and is identical to increases implemented in 2012, 2013 and 2014. Matson continues to diligently look for ways to operate the most efficient, cost effective service possible, without undercutting our standards of quality.”

Matson's last rate increase was 5.5 percent and was implemented in January 5, 2014.

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