Matson, Inc., the Honolulu-based ocean cargo firm, today reported net income of $41.5 million, or 94 cents per diluted share, for the third quarter, up 93 percent from $21.5 million, or 50 cents per diluted share, a year earlier. 

Revenue for the third quarter was $544.3 million compared with $441.8 million reported for the third quarter 2014. 

CEO Matt Cox said, “Third quarter results were strong, led by continued high demand for our expedited China service, a full quarter of our new Alaska business, volume improvements in Hawaii, and improved performance at SSAT (a joint venture which manages Matson’s container stevedoring and terminal services on the West Coast) and Logistics.” 

Matson said it had $10 million of additional selling, general and administrative expenses related to its May 29 acquisition of Alaska shipping operations from Horizon Lines Inc.