US-China trade deal saves Matson $80m a year in port fees
- Matson has paid $6.4m in Chinese port fees to date but US-China trade deal will sharply reduce cost fallout
- Matson expected fee costs of $20m per quarter prior to the pause announcement
- Volatility created by tariffs continues to affect transpacific demand but Matson expects a more stable trading environment after US-China trade deal
Liner operator Matson offers a window on current trade disruptions. It is heavily involved in the transpacific trade and exposed to US tariff fallout, and it is a US company liable for Chinese port fees
