Matson
opening remarks despite being down from the extraordinary pandemic driven demand level over the last two years ocean transportation and logistics business segments performed well in a challenging business environment ocean transportation our china service generated lower year over year volume and freight rates which were the primary contributors to the decline in our consolidated operating income lower year over year volumes in and compared to year ago period logistics lower yoy operating income primarily due to lower contributions from supply chain management and transportation brokerage | Matson
Company
Deck Type
Sector
Industry
Deck date
May 2023
Slide
3 of 19
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opening remarks ocean transportation and logistics business segments continued to perform well despite a challenging business environment and relatively difficult economic conditions impacting the consumer ocean transportation our china service experienced solid freight demand despite the muted peak season in the transpacific but generated lower yoy volume and freight rates which were the primary contributors to the yoy decline in our consolidated operating income lower yoy volumes in and compared to year ago period logistics lower yoy operating income primarily due to a lower contribution from transportation brokerage | Matson
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opening remarks ocean transportation and logistics business segments performed well despite a challenging business environment and sluggish economic growth ocean transportation our china service saw higher sequential quarterly freight demand but generated lower year over year volume and freight rates which were the primary contributors to the decline in our consolidated operating income lower year over year volumes in and compared to year ago period logistics lower yoy operating income primarily due to lower contributions from transportation brokerage and supply chain management | Matson
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