🚨 Matson CEO: “Tariffs Hit Hard — But Cargo Will Return”
🔍 10 powerful quotes from Matt Cox on tariffs, trade disruption, and U.S.-Pacific resilience!
🔥 Greetings, Maritime Mavericks!
The new U.S. tariffs have caused serious disruption to Asia–U.S. shipping. But Matson CEO Matt Cox offers a clear and realistic take.
He confirmed a sharp drop in volumes and lowered this year’s financial outlook. Still, he believes demand will return soon — because:
“Customers can’t afford to have empty shelves.”Here are 10 key quotes from Cox that explain what’s happening now — and what’s coming next: 👇
📉 “Matson’s transpacific volumes sank by 30% year on year in April.”
🌪️ “It’s been all over the place... The market is still in the early parts of readjusting to what the new normal is.”
🛑 “I want to be careful not to bring the 30% forward — these are just the averages of a few weeks.”