Overall impact
F (13)

Commentary

Matson is a poor overall performer. With an 'F' rating of 12.8 for overall impact (bottom 10% of all companies), Matson ranks 80th out of 81 industry peers, behind GasLog Partners, EuroDry, Castor Maritime and 76 others, and ahead of Kirby Corporation. On top material causes for Matson's industry (Marine Transportation), Matson performs well in Racial Justice and Civil Rights (80.1 score) and performs poorly in Disaster Readiness and Effective Aid (0.0 score), Improved Mental Health (14.0), Sustainable Use of Natural Resources (0.0) and 12 other causes where it received a 'D' or 'F' score.
Impact
Cause MATX
Peer rank
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Company
Founded
1882
Employees
4,170
Sector
Industrials
Industry
Marine Transportation
Sub-industry
Marine Transportation
SASB industry
Marine Transportation
Headquarters
Hi, United States
Share classes
MATX
Mission
To move freight better than anyone.
Description
Matson, Inc., together with its subsidiaries, engages in the provision of ocean transportation and logistics services. It operates through two segments, Ocean Transportation and Logistics. The Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. It primarily transports dry containers of mixed commodities, refrigerated commodities, food products, beverages, building materials, automobiles, and household goods; livestock; seafood; general sustenance cargo; and garments, footwear, e-commerce, and other retail merchandise. This segment also operates an expedited service from China to Long Beach, California, and various islands in the South Pacific, as well as Okinawa, Japan. Additionally, it provides stevedoring, refrigerated cargo services, inland transportation, container equipment maintenance, and other terminal services on the Hawaiian islands of Oahu, Hawaii, Maui, and Kauai, as well as in the Alaska locations of Anchorage, Kodiak, and Dutch Harbor. The Logistics segment provides multimodal transportation brokerage services, including domestic and international rail intermodal, long-haul and regional highway trucking, specialized hauling, flat-bed and project, less-than-truckload, and expedited freight services. It also offers less-than-container load consolidation and freight forwarding services, warehousing and distribution services, supply chain management services, and non-vessel operating common carrier freight forwarding services. It serves the U.S. military, freight forwarders, retailers, consumer goods manufacturers, and other customers. The company was formerly known as Alexander & Baldwin Holdings, Inc. and changed its name to Matson, Inc. in June 2012. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.
Material causes
Ethos considers the following causes material for Matson, based on its industry sub-industry Marine Transportation. Learn more about material causes in our methodology overview.

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