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Matson expands presence in Pacific

By Andrew Gomes

POSTED: 01:30 a.m. HST, Dec 27, 2012

~~<p>Hawaii-based ocean cargo transportation firm Matson Inc. will sail farther into the South Pacific next year, expanding its service by acquiring assets of a financially struggling New Zealand cargo carrier.</p>
<p>Matson announced on Wednesday that it has signed an agreement to buy the main assets of Reef Shipping for an undisclosed price.</p>
~~

Hawaii-based ocean cargo transportation firm Matson Inc. will sail farther into the South Pacific next year, expanding its service by acquiring assets of a financially struggling New Zealand cargo carrier.

Matson announced on Wednesday that it has signed an agreement to buy the main assets of Reef Shipping for an undisclosed price. Login for more...



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