Matson, Inc. (MATX) Social Stream

Matson, Inc. (MATX): $119.70

0.76 (+0.64%)

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Industry: Shipping




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Featured Post From StockTwits About MATX

National Retail Federation & Hackett Associates Global Port Tracker: Imports at the nation’s largest retail container ports should hit yet another record in August as consumer demand continues to stretch supply chains and retailers shift from the back-to-school season to the peak shipping season for winter holiday merchandise.

U.S. ports covered by Global Port Tracker handled 2.15M Twenty-Foot Equivalent Units (TEU) in June, the latest month for which final numbers are available. That was down 7.8% from May but up 33.7% y/y.

Ports have not reported July numbers yet, but Global Port Tracker projected the month at 2.22M TEU, which would be up 15.7% y/y.

August is forecast at 2.37M TEU, which would be up 12.6 percent y/y & top May’s 2.33M (highest single month since NRF began tracking imports in 2002).

September is forecast at 2.21M TEU, up 4.9% y/y; October at 2.15M TEU, down 3% y/y & November at 2.07M TEU, down 1.5%.

Ro_Patel, published August 17, 2021

What Else are MATX Traders Talking About?

Other tickers frequently mentioned alongside MATX are BDRY, ATCO and XRT.

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