HONOLULU (AP) - The largest shipping company that carries goods to Hawaii from the U.S. mainland is decreasing its fuel surcharge by 3 percentage points.
Matson Navigation Company says effective Sunday the surcharge will go from 42 percent to 39 percent for Hawaii service. It will go from 38.5 percent to 35.5 percent for Guam, Commonwealth of Northern Mariana Islands and Micronesia services.
Matson previously decreased the surcharge by 3.5 percentage points last month.
The company says the adjustment is the result of recent declines in bunker fuel prices.
The latest downward adjustment represents a reduction in shipping costs for most customers of $70 to $120 per container.
Commentary: I wonder how the price of goods will be effected by this good news. During these tough economic times, news like this will hopefully benefit all local residents.
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