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Matson Drops After Competitor TOTE Enters Hawaii Trade Route

Matson (MATX), which provides ocean transportation and logistics services to Hawaii, Alaska and Guam, as well as in Micronesia and in the South Pacific, is down over 23% after an announcement from competitor TOTE that it intends to establish a new domestic …

Source: Bing News : http://www.talkmarkets.com/content/stocks--equities/matson-drops-after-competitor-tote-enters-hawaii-trade-route?post=146159

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