Q1 2026 Matson Inc Earnings Call Transcript
And in our subsequent filings with the SEC. Please also note that the date of this conference call is May 4, 2026, and any forward-looking statements that we make today are based on assumptions as of this date. We undertake no obligation to update these forward-looking statements.
I will now turn the call over to Matt.
Thanks, Justin, and thanks to those on the call.
Starting on Slide 3, in the first quarter 2026. Ocean transportation operating income exceeded our expectations, primarily due to higher freight demand post-Lunar New Year in our China service. In our domestic trade lanes, we saw lower year-over-year volume in Hawaii and Alaska. In logistics, operating income was lower year-over-year, primarily due to a lower contribution from supply chain management.
To date, the Iran conflict has not impacted our operating performance or service levels. However, it has impacted fuel prices in all our markets.
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