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Matson to boost fuel surcharge

By Kristen Consillio

POSTED:
LAST UPDATED: 03:27 p.m. HST, Sep 07, 2012


Matson Inc. is poised to increase its fuel surcharge by 4.5 percentage points next month, likely adding to the costs of goods consumers will eventually pay.

The state's largest ocean carrier announced Friday that it will boost the fuel surcharge to 43.5 percent from 39 percent on Oct. 7 for its mainland-Hawaii service as a result of rising bunker fuel prices and other energy-related costs. 

The fuel surcharge for Matson's Guam, Commonwealth of the Northern Mariana Islands and Micronesia services will rise to 40 percent from 35.5 percent the same day.







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peanutgallery wrote:
TIme to repeal the Jones Act already. Matson has a strangle hold on our economy, and it's time for it to stop.
on September 7,2012 | 12:43PM
jimbone wrote:
DUH ^^^^... fuel prices goes up, Matson shipping goes up. Maybe see what we can do about the fuel pricing, Instead of giving ALL the jobs to the foreign companys.
on September 7,2012 | 01:53PM
Wazdat wrote:
AGREE the jones act is OUTDATED and UNJUST for Hawaii.
on September 7,2012 | 02:30PM
Anonymous wrote:
Unions and democrats - outdated just like the Jones act...
on September 7,2012 | 07:48PM
Papakolea wrote:
The 4.5 percentage point increase sounds better than saying that Matson is raising the fuel surcharge by 11.5 percent, which is what they're actually doing.
on September 7,2012 | 04:43PM
nodaddynotthebelt wrote:
So goes the price of goods like grocery. And so the price of pizza at that pizza joint goes up even higher by five bucks making a small pizza cost twenty five bucks while the price on the mainland is only ten bucks.
on September 7,2012 | 08:34PM
HD36 wrote:
Another form of inflation, just like the hike in auto registration fees. Few can escape these taxes. They hit the rich and the poor. Only they hurt the poor alot more. And that's the consequence of trying to bail people out.
on September 7,2012 | 11:14PM
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