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Matson hikes fuel surcharge

Matson hikes fuel surcharge

   Domestic ocean carrier Matson said Friday it will raise its fuel surcharge in its Hawaii and Guam/Commonwealth of Northern Mariana Islands services from 11.5 to 13 percent, effective Oct. 2.

   In March, Matson implemented a program in which fuel costs are evaluated on a quarterly basis, with the fuel surcharge adjusted accordingly to better allow customers to plan their shipping costs and anticipate any adjustments on a regular, predictable schedule.

   Adjustments are announced 21 days in advance of implementation, with the effective date being the first Sunday of the respective month.