Matson's third quarter came in as expected and sees no need to cut its forecast further.
The Hawaiian boxship owner reported a $36.2m profit for the three months ended 30 September, a drop from the $41.6m in the same period in 2018, but good for $0.84 on a per share basis, a penny better than the Wall Street predictions.
"Within ocean transportation, our China trade lane service performed well, but we saw continued weakness in our Hawaii market and experienced softer-than-expected volume in our Alaska service," said chief executive Matt Cox.
