What is Matson?
Ocean transportation and logistics company with $3.34B 2025 revenue, headquartered in Honolulu, HI.
- Category
- Ocean transportation and logistics
- Headquarters
- Honolulu, HI
- Founded
- 1882
- Employees
- Approximately 4,300
- Total funding
- Public company; no VC funding
- Status
- NYSE: MATX
What is Matson?
Matson is a public ocean transportation and logistics company with $3.34B 2025 revenue. It operates from Honolulu, HI at mid-market to enterprise scale, serving retailers, food distributors, industrial shippers, island economies, freight forwarders, government accounts, and logistics customers.
Matson is a mature public company in ocean transportation and logistics, not a venture-backed startup. Its latest public reporting shows $3.34B 2025 revenue, Approximately 4,300, and a business footprint described as Jones Act ocean carrier serving Hawaii, Alaska, Guam, Micronesia, and expedited China services, with a logistics subsidiary.
The company sells and operates across Hawaii ocean service, Alaska service, Guam and Micronesia service, China expedited service, Matson Logistics, Warehousing, with customers that include retailers, food distributors, industrial shippers, island economies, freight forwarders, government accounts, and logistics customers. Its market position is shaped by installed base, service quality, channel depth, pricing discipline, operational reliability, and the ability to coordinate frontline operations with enterprise systems.
For B2B sellers, Matson should be treated as a multi-threaded public-company account. Strong pitches attach to measurable outcomes such as uptime, labor productivity, safety, energy efficiency, customer experience, route or plant efficiency, procurement savings, compliance, data quality, or lower cost to serve.
What does Matson offer?
Matson offers Hawaii ocean service, Alaska service, Guam and Micronesia service, China expedited service, Matson Logistics, Warehousing and related services, parts, software, channel programs, or support.
- Hawaii ocean service· Offering
- Alaska service· Offering
- Guam and Micronesia service· Offering
- China expedited service· Offering
- Matson Logistics· Offering
- Warehousing· Offering
- Truck brokerage· Offering
- Terminal operations· Offering
How does Matson make money?
Matson makes money from ocean freight, terminal services, logistics brokerage, warehousing, supply-chain services, and fuel or accessorial charges.
Matson makes money from ocean freight, terminal services, logistics brokerage, warehousing, supply-chain services, and fuel or accessorial charges. The model is public-company operating revenue rather than SaaS ARR or venture-backed usage revenue.
Ocean rates are tariff-, contract-, container-, route-, fuel-, and service-level based; logistics pricing is negotiated by mode, lane, volume, and managed-service scope. Growth is driven by volume, price, mix, replacement demand, project timing, capacity utilization, acquisition integration, channel execution, and disciplined cost management.
Budget owners tend to fund technology and services when the case maps to a P&L owner and a measurable operating KPI. Vendor positioning should connect to revenue capture, asset utilization, supply-chain resilience, safety, compliance, energy use, inventory productivity, customer retention, or faster decision-making.
Who leads Matson?
Matson is led by Matthew J. Cox, Chairman and Chief Executive Officer, with finance, operations, commercial, legal, and technology leaders shaping enterprise buying decisions.
- Matthew J. CoxChairman and Chief Executive OfficerCEO since 2012; chairman since 2017Leads Matson's ocean transportation and logistics strategy.
- Joel M. WineExecutive Vice President and Chief Financial OfficerCFOOwns finance, investor relations, capital allocation, and fleet financing.
- John P. LauerExecutive Vice President and Chief Commercial OfficerCommercial leaderLeads ocean services sales and customer strategy.
- Peter T. HeilmannExecutive Vice President, Chief Administrative Officer and General CounselExecutive since 2012; CAO since 2021Leads legal, HR, government, and administrative functions.
How do you contact Matson's leadership?
Matson publishes investor-relations, media, sales, or corporate contact routes, but a verified public personal-executive email format is not consistently available. Use the official route below and do not treat inferred personal addresses as verified.
No verified public personal-executive email format; use investor_relations@matson.com- Peter T. HeilmannExecutive Vice President, Chief Administrative Officer and General Counselinvestor_relations@matson.com
How much funding has Matson raised?
Matson is a mature public company (NYSE: MATX), so its capital profile is public equity, debt, operating cash flow, acquisitions, dividends, and buybacks rather than disclosed venture rounds.
Matson has no current VC-style funding history to enumerate. The relevant capital milestones are: 1882 Founded (Captain William Matson starts the Pacific shipping business.); 2012 Alexander & Baldwin separation (Matson becomes a standalone public company again.); 2015 Horizon Lines Alaska acquired (Matson expands Alaska service.); 2021-2022 Transpacific premium cycle (China service profitability rises during supply-chain disruption.); 2025 $3.34B revenue (Revenue reflects ocean services and logistics operations.); 2026 Fleet and route discipline (Capital allocation centers on vessels, terminals, dividends, and buybacks.).
As of June 2026, the most useful capital signal is $3.34B 2025 revenue, NYSE: MATX, and the company's ability to fund operations, fleet or plant investment, acquisitions, technology, and shareholder returns from public-company resources. The page should not imply a private valuation because the company is publicly traded.
Seller signal: budget exists where a proposal maps to strategic priorities and measurable financial outcomes. Winning opportunities usually need security review, procurement proof, integration clarity, and a business case tied to operating performance rather than generic transformation language.
How did Matson get here?
Matson's history combines founding, public-company milestones, acquisitions or separations, and recent operating-cycle execution.
- 1882FoundedMatson begins Pacific shipping.
- 1900sHawaii trade laneCompany becomes a core Hawaii freight carrier.
- 2012Standalone public companyMatson separates from Alexander & Baldwin.
- 2015Alaska expansionHorizon Lines Alaska assets join Matson.
- 2021China premium serviceSupply-chain disruption boosts expedited transpacific demand.
- 2025$3.34B revenueMatson remains a key Jones Act ocean carrier.
Who are Matson's competitors?
Matson competes with public and private operators that overlap its customer base, channel partners, product lines, or transportation and industrial workflows.
- Pasha HawaiiHawaii Jones Act ocean carrier and terminal competitor.
- TOTEJones Act ocean carrier serving Alaska and Puerto Rico routes.
- CrowleyMarine, logistics, energy, and government-services competitor.
- APLOcean shipping brand with transpacific and logistics history.
- MaerskGlobal ocean and logistics carrier competing for international freight flows.
- CMA CGMGlobal container-shipping and logistics competitor.
Matson — frequently asked questions
