Matson sets record fuel surcharge - 43.5%

[Aaron S]

quote:

---

Originally posted by Bob Orts
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.

---

Any shipper can't enter the Hawaii-Mainland market. Foreign shippers
are barred from servicing this market due to the Jones Act:

http://en.wikipedia.org/wiki/Merchant_Ma...ct_of_1920

Horizon Lines, Matson's alleged competitor, is on the verge of filing
for Chapter 11 bankruptcy:

http://www.bloomberg.com/news/2011-03-30...ummet.html