As a leader in Pacific shipping, Matson continues to strengthen its ocean transportation services through fleet enhancements, industry leading on time arrival records and superior customer service for Hawaii, Alaska, Guam, Micronesia and the South Pacific. In the past decade, the Matson fleet has welcomed four newly-built containerships, all equipped with more fuel-efficient diesel engines, state-of-the-art shipboard technology and a number of "green" environmentally friendly design elements. We also modified one of our containerships by adding a new garage unit, increasing the company's ro-ro capacity by 120 percent. Equally important, Matson is working with other carriers and local officials in developing plans for a port modernization program in Hawaii and addressing similar issues in Guam related to upgrading its port infrastructure.

Matson's China - Long Beach Express has established a strong reputation in the Transpacific trade for reliable, expedited service from Xiamen, Ningbo and Shanghai to Long Beach, consistently delivering the best transit times in the trade and offering next day cargo availability on the West Coast.

All of Matson's Pacific services are further enhanced by the vast transportation network of the company's subsidiary, Matson Logistics. Matson Logistics is a leading provider of multimodal transportation services to the North American market, including domestic and international rail intermodal service, long haul and regional highway brokerage, supply chain services and LTL transportation services, as well as third-party logistics services that encompass warehousing, distribution, and international freight forwarding. Matson Logistics serves a broad range of customers and industries with customized transportation solutions and award-winning service.

At Matson, customer satisfaction is our top priority. We're firmly committed to providing our customers with industry-leading service wherever their transportation needs take them.