Matson, Inc. (NYSE:MATX) is one of the best marine shipping stocks to buy right now.
On March 2, Matson Inc. (NYSE:MATX) formed a strategic partnership with BNSF Railway and War-Lok to launch an enhanced cargo security program.
The program adds two layers of protection to international cargo at no extra cost. Matson will use War-Lok devices on containers from Los Angeles to BNSF network destinations. There's also an agreement to place Matson containers in the lower well of intermodal rail cars.
"We're setting a new standard for carrier-led intermodal security. For key inland markets, Matson customers receive enhanced security at no extra cost," said John Lauer, Executive Vice President and Chief Commercial Officer.
Separately, on February 24, Matson reported strong fourth-quarter results that exceeded expectations. Its China service benefited from high freight demand in key customer segments and a stable Transpacific trading environment.
Matson's Q4 earnings per share (EPS) were $4.60, with net income at $143.1 million. Full-year EPS was $13.81. Quarterly revenue was $851.9 million, down from $890.3 million last year. The company repurchased 0.7 million shares for $78.1 million.
Matson expects Q1 2026 Ocean Transportation operating income of about $50 million, down from last year due to lower China service volume. Logistics income should also be modestly lower year over year.
Matson, Inc. (NYSE:MATX) is a leading U.S. provider of ocean transportation and logistics, operating a fleet of containerships and barges, offering premium, expedited shipping from China to Southern California.
While we acknowledge the potential of MATX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 12 Best Gold Stocks to Buy According to Analysts.
Disclosure: None. Follow Insider Monkey on Google News.