honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser

Updated at 3:06 p.m., Friday, October 19, 2007

Matson raises fuel surcharge for Hawaii service

Advertiser Staff

Matson Navigation Co. said today it will raise its fuel surcharge by 2 percentage points to 26 percent on its Hawai'i and Guam service.

The new surcharge, which takes effect on Dec. 2, comes as fuel costs have risen 10 percent since Matson last raised its fuel surcharge four months ago. The company said it expects fuel costs to remain volatile for the rest of the year.

On Monday, competitor Horizon Lines said it will raise its fuel surcharge by 1 percentage point to 25 percent starting Nov. 11.