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    Jack Atkins

    Research Analyst at Stephens Inc.

    Jack Atkins most recently served as Managing Director and Senior Research Analyst at Stephens Inc., specializing in air freight, LTL, truckload, maritime, and surface transportation companies. He covered publicly traded firms such as ArcBest, Old Dominion Freight Line, and others in the logistics sector, maintaining a reputation for insightful, market-moving research with a consistent record of accurate ratings and overweight recommendations. Atkins began his 17-year tenure at Stephens Inc. after earning his undergraduate degree from Auburn University, ultimately advancing to Managing Director before departing in March 2024 to join Old Dominion Freight Line as Director of Investor Relations. He holds recognized industry expertise in transportation research and maintains professional financial analyst credentials.

    Jack Atkins's questions to Matson (MATX) leadership

    Jack Atkins's questions to Matson (MATX) leadership • Q1 2025

    Question

    Jack Atkins of Stephens Inc. asked for details on freight rate movements and market actions in the Transpacific lane following the implementation of tariffs and the subsequent drop in volume.

    Answer

    Matthew Cox, Chairman and CEO, described a volatile market where international carriers have responded by blanking a significant number of sailings. He noted that rate actions have been mixed, with some carriers holding rates, others increasing them from non-Chinese origins, and some lowering them. For Matson, Cox confirmed the company expects both lower average freight rates and lower volume for Q2 and the full year, stating that Matson's premium rates generally move in sympathy with the overall market direction.

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