W. Blake Baird Not to Stand for Re-Election to the Board of Directors of Matson, Inc
January 24, 2020 at 04:04 pm EST
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On January 22, 2020, W. Blake Baird notified the Chairman of the Board of Directors of Matson, Inc. of his decision not to stand for re-election to the Board of Directors after his current term expires at the 2020 Annual Meeting of Shareholders.
Matson, Inc. is a holding company that provides ocean transportation and logistics services. The Company's segments include Ocean Transportation and Logistics. The Ocean Transportation business is conducted through Matson Navigation Company, Inc. (MatNav), which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska and Guam, and to other island economies in Micronesia. MatNav also operates premium, expedited services from China to Long Beach, California, provides services to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor, Alaska to Asia. The logistics business is conducted through Matson Logistics, Inc. (Matson Logistics), a wholly owned subsidiary of MatNav. Matson Logistics provides a variety of logistics services to its customers, such as transportation brokerage services, freight forwarding services, and others.