Matson Provides Business Updates Related To COVID-19 And 1Q20 Results

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Apr 07, 2020
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- Expects 1Q20 operating income for Ocean Transportation to be $6.5 to $9.0 million, which is above previous outlook expectation

- Expects 1Q20 operating income for Logistics to be $4.5 to $5.5 million, which is below previous outlook expectation

- Enhances liquidity position via debt agreement amendments lasting through December 30, 2021

- Withdraws 2020 outlook given COVID-19 uncertainty

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