Matson sets record fuel surcharge - 43.5%

[Bob Orts]

quote:

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Originally posted by jerry

It must be nice to have a monopoly where you can just raise prices and not worry much about competition. For the rest of us with a business it seems we have to cut prices and increase services.

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Matson is not a monopoly. Any shipper can enter the Hawaii-Mainland market. Matson is the major provider, but they are not the only provider. To compare, Horizon's fuel surchage is 35% between the mainland and Hawaii and they may raise it again.