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Jones Act

Chris Dupin Thursday, January 2, 2020

Hawaii congressman wants to modify Jones Act

U.S. Rep. Ed Case, D-Hawaii, has introduced three related bills in Congress to modify the Jones Act, saying that the law is “one of the key drivers of our astronomically high cost of living in Hawaii and other locations in our country that are not part of the continental U.S.” The Jones Act is a […]

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FreightWaves Staff Thursday, May 9, 2019

Logistics unit helps Matson in 2019’s first quarter

U.S.-based container ship operator Matson (NYSE: MATX) reported first quarter 2019 results that were above analysts’ estimates, thanks to strength in the company’s logistics business. The Honolulu-based Matson reported net income of $12.5 million for the first quarter, down from the $14.2 million it reported a year earlier. But earnings per share of $0.29 managed […]

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