[PR Newswire] – HONOLULU, Nov. 25, 2013 /PRNewswire/ — Matson, Inc. (MATX), a leading U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. (Matson) will raise its rates for the company’s Guam/Commonwealth of the Northern Marianas Islands (CNMI) and Micronesia services by $275 for both westbound and eastbound containers, effective January 26, 2014. The increase will be filed with the Surface Transportation Board and the Federal Maritime Commission. The rate increase also applies to the Commonwealth of the Northern Marianas Islands, the Republic of Palau, the Federated States of Micronesia and the Republic of the Marshall Islands. “This is Matson’s first rate increase for Guam/CNMI and Micronesia in three years,” said Dave Hoppes, senior vice president, ocean services. “During that time, our operating costs have continued to rise, necessitating this adjustment. Earlier this month, the company announced that it is investing $418 million in two new 3,600 TEU containerships that will be deployed in our Hawaii service and will transport Guam cargo from the U.S. West Coast to Honolulu. Matson remains committed to continuing to provide Guam and Micronesia with a modern, reliable ocean transportation infrastructure.”