Matson expects strong second quarter on Transpacific demand

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Matson forecasts strong second quarter earnings for 2026 driven by robust transpacific demand and higher freight rates on its China shipping services. The company expects operating income between $153 million and $160 million and net income up to approximately $130 million.

Matson has released preliminary financial results for the second quarter of 2026, forecasting strong earnings driven by robust demand and higher freight rates on its China services. The company expects consolidated operating income to range between US$153 million and US$160 million, with net income of US$124.8 million to US$130.3 million and diluted earnings per share […] The post Matson expects strong second quarter on Transpacific demand appeared first on Container News.