Matson Navigation Co. announced that it will raise its Hawaii rates by $120 per westbound container and $60 per eastbound container, effective Jan. 4.
The Oakland-based carrier estimated that this increase will raise rates by an average of 3.9 percent.
Matson also will raise its terminal handling charge by $175 per westbound container and $90 per eastbound container, also effective Jan. 4.
“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.
Hoppes said terminal handling costs account for approximately 40 percent of Matson’s operating costs, most of which the carrier absorbs.
The Journal of Commerce Online
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