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0000003453 | Warehousing and Distribution Services: Matson Logistics operates two warehouses in Georgia and two warehouses in Northern California providing warehousing, value-added packaging and distribution services. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_164 | 199,901 |
0000003453 | Supply Chain Management and Other Services: Matson Logistics provides customers with a variety of logistics services including purchase order management, customs brokerage, LCL and full container load NVOCC freight forwarding services. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_165 | 199,902 |
0000003453 | Matson Logistics operates a customer service center in Shanghai, China to support its supply chain operations in North America, China and other locations. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_166 | 199,903 |
0000003453 | Investment in Anchorage Service Center: During the fourth quarter of 2019, Span Alaska completed the construction of a new 54,000 square foot cross-dock facility (“Anchorage Service Center”) to consolidate its Anchorage operations that previously operated from two smaller leased facilities. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_167 | 199,904 |
0000003453 | The Anchorage Service Center is expected to improve Span Alaska’s operating efficiency while providing additional capacity for long-term growth. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_168 | 199,905 |
0000003453 | Operating Costs: Matson Logistics’ operating costs primarily consist of the costs of purchased transportation, leases of warehouses, cross-dock and other facility operating costs, salaries and benefits, and other operating overhead. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_169 | 199,906 |
0000003453 | Competition: Matson Logistics competes with hundreds of local, regional, national and international companies that provide transportation and third-party logistics services. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_170 | 199,907 |
0000003453 | The industry is highly fragmented and, therefore, competition varies by geography and areas of service. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_171 | 199,908 |
0000003453 | Matson Logistics’ transportation brokerage services competes most directly with C.H. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_172 | 199,909 |
0000003453 | Robinson Worldwide, the Hub Group, XPO and other freight brokers and intermodal marketing companies, and asset-invested market leaders such as J.B. Hunt. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_173 | 199,910 |
0000003453 | Competition is differentiated by the depth, scale and scope of customer relationships; vendor relationships and rates; network capacity; real-time visibility into the movement of customers’ goods; and other technology solutions. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_174 | 199,911 |
0000003453 | Additionally, while Matson Logistics primarily provides surface transportation brokerage, it also competes to a lesser degree with other forms of transportation for the movement of cargo. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_175 | 199,912 |
0000003453 | Matson Logistics’ freight forwarding services compete most directly with a variety of freight forwarding companies that operate within Alaska including Carlile, Lynden, American Fast Freight and Alaska Traffic Company. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_176 | 199,913 |
0000003453 | Customer Concentration: Matson Logistics serves customers in numerous industries and geographical locations. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_177 | 199,914 |
0000003453 | In 2019, 2018 and 2017, the Company’s 10 largest logistics customers accounted for approximately 21 percent, 23 percent and 19 percent of Matson Logistics’ revenue, respectively. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_178 | 199,915 |
0000003453 | None of these customers individually accounts for more than 10 percent of Matson Logistics’ operating revenues. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_179 | 199,916 |
0000003453 | For additional information on Logistics revenues for the years ended December 31, 2019, 2018 and 2017, see Note 2 to the Consolidated Financial Statements in Item 8 of Part II below. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_180 | 199,917 |
0000003453 | Seasonality: Matson Logistics’ services are generally not significantly impacted by seasonality factors, except for its freight forwarding service to Alaska which is affected by the winter weather, the cyclical nature of the oil and construction industries, and the seasonal nature of the tourism industry. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_181 | 199,918 |
0000003453 | C.EMPLOYEES AND LABOR RELATIONS Employees: As of December 31, 2019, Matson and its subsidiaries had 1,988 employees, of which 794 employees were covered by collective bargaining agreements with shoreside unions. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_182 | 199,919 |
0000003453 | These numbers do not include billets on vessels discussed below, employees of SSAT, or other non-employees, such as agents, temporary workers and contractors. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_183 | 199,920 |
0000003453 | Matson’s fleet of active vessels require 298 billets to operate these vessels. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_184 | 199,921 |
0000003453 | Each billet corresponds to a position on a vessel that typically is filled by two or more employees because seagoing personnel rotate between active sea-duty and time ashore. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_185 | 199,922 |
0000003453 | These amounts exclude billets related to Matson’s foreign flagged chartered vessels where the vessel owner is responsible for its seagoing personnel. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_186 | 199,923 |
0000003453 | Matson’s vessel management services also employed personnel in 28 billets to manage three vessels. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_187 | 199,924 |
0000003453 | Bargaining Agreements: Matson’s shoreside and seagoing employees are represented by a variety of unions. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_188 | 199,925 |
0000003453 | Matson has collective bargaining agreements with these unions that expire at various dates in the future. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_189 | 199,926 |
0000003453 | While Matson believes that it will be able to renegotiate these collective bargaining agreements with its various unions as they expire without any significant impact on its operations, no assurance can be given that such agreements will be reached without slow-downs, strikes, lockouts or other disruptions that may adversely impact Matson’s operations. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_190 | 199,927 |
0000003453 | Additionally, Matson and SSAT are members of the Pacific Maritime Association (“PMA”), which on behalf of its members negotiates collective bargaining agreements with the International Longshore and Warehouse Union (“ILWU”) on the U.S. West Coast. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_191 | 199,928 |
0000003453 | The PMA/ILWU collective bargaining agreements cover substantially all U.S. West Coast longshore labor. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_192 | 199,929 |
0000003453 | In August 2017, the ILWU agreed to extend its contract with the PMA to July 1, 2022. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_193 | 199,930 |
0000003453 | Multi-employer Pension and Post-retirement Plans: Matson contributes to a number of multi-employer pension and post-retirement plans. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_194 | 199,931 |
0000003453 | Matson has no present intention of withdrawing from, and does not anticipate the termination of any of the multi-employer pension plans to which it contributes (see Notes 11 and 12 to the Consolidated Financial Statements in Item 8 of Part II below for a discussion of withdrawal liabilities under certain multi-employer pension plans). | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_195 | 199,932 |
0000003453 | D.AVAILABLE INFORMATION Matson makes available, free of charge on or through its Internet website, Matson’s annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as soon as reasonably practicable after it electronically files such material with, or furnishes them to, the U.S. Securities and Exchange Commission (“SEC”). | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_196 | 199,933 |
0000003453 | The address of Matson’s Internet website is www.matson.com. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_197 | 199,934 |
0000003453 | The contents of our website are not incorporated by reference into this Form 10-K. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_198 | 199,935 |
0000003453 | The SEC maintains an Internet website that contains reports, proxy and information statements, and other information regarding Matson and other issuers that file electronically with the SEC. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_199 | 199,936 |
0000003453 | The address of the SEC’s Internet website is www.sec.gov. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_200 | 199,937 |
0000003453 | ITEM 1A. | 0section_1
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1_201 | 199,938 |
0000003453 | ITEM 1A. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_0 | 199,939 |
0000003453 | RISK FACTORS The Company’s business faces the risks set forth below, which may adversely affect our business, financial condition and operating results. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_1 | 199,940 |
0000003453 | All forward-looking statements made by the Company or on the Company’s behalf are qualified by the risks described below. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_2 | 199,941 |
0000003453 | Risks Related to the Jones Act Repeal, substantial amendment, or waiver of the Jones Act or its application would have an adverse effect on the Company’s business. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_3 | 199,942 |
0000003453 | If the Jones Act was to be repealed, substantially amended, or waived and, as a consequence, competitors were to enter the Hawaii or Alaska markets with lower operating costs by utilizing their ability to acquire and operate foreign-flag and foreign-built vessels, the Company’s business would be adversely affected. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_4 | 199,943 |
0000003453 | In addition, the Company’s advantage as a U.S. citizen operator of Jones Act vessels would be eroded if periodic efforts and attempts by foreign interests to circumvent certain aspects of the Jones Act were ever successful. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_5 | 199,944 |
0000003453 | If maritime cabotage services were included in the General Agreement on Trade in Services, the North American Free Trade Agreement, the United States-Mexico-Canada Agreement, the U.S.-EU Trade Agreement or other international trade agreements, or if the restrictions contained in the Jones Act were otherwise altered, the shipping of cargo between covered U.S. ports could be opened to foreign-flag or foreign-built vessels or would have other adverse impacts. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_6 | 199,945 |
0000003453 | The Company’s business would be adversely affected if the Company were determined not to be a U.S. citizen under the Jones Act. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_7 | 199,946 |
0000003453 | Certain provisions of the Company’s articles of incorporation protect the Company’s ability to maintain its status as a U.S. citizen under the Jones Act. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_8 | 199,947 |
0000003453 | Although the Company is a U.S. citizen under the Jones Act, if non-U.S. citizens were able to defeat such articles of incorporation restrictions and own in the aggregate more than 25 percent of the Company’s common stock, the Company would no longer be considered as a U.S. citizen under the Jones Act. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_9 | 199,948 |
0000003453 | Such an event could result in the Company’s ineligibility to engage in coastwise trade and the imposition of substantial penalties against it, including seizure or forfeiture of its vessels, which would have an adverse effect on the Company’s financial condition and results of operation. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_10 | 199,949 |
0000003453 | Risks Related To Operations Changes in U.S., global, regional economic conditions or governmental policies that result in a decrease in consumer confidence or market demand for the Company’s services and products in Hawaii and Alaska, the U.S. Mainland, Guam, Asia or the South Pacific may adversely affect the Company’s financial position, results of operations, liquidity, or cash flows. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_11 | 199,950 |
0000003453 | A weakening of domestic or global economies may adversely impact the level of freight volumes and freight rates. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_12 | 199,951 |
0000003453 | Within the U.S., a weakening of economic drivers in Hawaii and Alaska, which include tourism, military spending, construction starts, personal income growth and employment, or the weakening of consumer confidence, market demand, the economy in the U.S. Mainland, or the effect of a change in the strength of the U.S. dollar against other foreign currencies, may further reduce the demand for goods to and from Asia, Hawaii and Alaska, adversely affecting inland and ocean transportation volumes or rates. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_13 | 199,952 |
0000003453 | In addition, overcapacity in the global or transpacific ocean transportation markets, a change in the cost of goods or currency exchange rates, imposition of tariffs and uncertainty of tariff rates, or a change in international trade policies may adversely affect freight volumes and rates in the Company’s China service. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_14 | 199,953 |
0000003453 | The Company may face new or increased competition. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_15 | 199,954 |
0000003453 | The Company may face new competition by established or start-up shipping operators that enter the Company’s markets. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_16 | 199,955 |
0000003453 | The entry of a new competitor or the addition of new vessels or capacity by existing competition on any of the Company’s routes could result in a significant increase in available shipping capacity that could have an adverse effect on our volumes and rates. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_17 | 199,956 |
0000003453 | For example, in December 2016, the Company’s major competitor in the Guam service upgraded its U.S. flagged feeder containership from a bi-weekly service to a weekly service connecting the U.S. West Coast to Guam and Saipan via transshipments over Yokohama, Japan. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_18 | 199,957 |
0000003453 | As a result of this and other potential competitor actions, the Company could experience a reduction in profitability. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_19 | 199,958 |
0000003453 | The loss of or damage to key customer or agent relationships may adversely affect the Company’s business. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_20 | 199,959 |
0000003453 | The Company’s businesses are dependent on their relationships with customers and agents, and derive a significant portion of their revenues from the Company’s largest customers. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_21 | 199,960 |
0000003453 | The Company’s business relies on its relationships with the U.S. military, freight forwarders, large retailers and consumer goods and automobile manufacturers, as well as other larger customers. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_22 | 199,961 |
0000003453 | In 2019, the Company’s Ocean Transportation segment’s 10 largest customers accounted for approximately 23 percent of the business’ revenue. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_23 | 199,962 |
0000003453 | In 2019, the Company’s Logistics segment’s 10 largest customers accounted for approximately 21 percent of the business’ revenue. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_24 | 199,963 |
0000003453 | The Company could also be adversely affected by any changes in the services, or changes to the costs of services, provided by agents. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_25 | 199,964 |
0000003453 | Relationships with railroads and shipping companies and agents are important in the Company’s intermodal business as well as in the Guam, Micronesia, Japan and South Pacific services. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_26 | 199,965 |
0000003453 | The loss of or damage to any of these key relationships may adversely affect the Company’s business and revenue. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_27 | 199,966 |
0000003453 | The Company is dependent upon key vendors and third-parties for equipment, capacity and services essential to operate its business, and if the Company fails to secure sufficient third-party services, its business could be adversely affected. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_28 | 199,967 |
0000003453 | The Company’s businesses are dependent upon key vendors who provide rail, truck and ocean transportation services. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_29 | 199,968 |
0000003453 | If the Company cannot secure sufficient transportation equipment, capacity or services from these third-parties at reasonable prices or rates to meet its or its customers’ needs and schedules, customers may seek to have their transportation and logistics needs met by others on a temporary or permanent basis. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_30 | 199,969 |
0000003453 | If this were to occur, the Company’s business, consolidated results of operations and financial condition could be adversely affected. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_31 | 199,970 |
0000003453 | An increase in fuel prices, changes in the Company’s ability to collect fuel-related surcharges, and/or the cost or limited availability of required fuels on the U.S. West Coast may adversely affect the Company’s profits. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_32 | 199,971 |
0000003453 | Fuel is a significant operating expense for the Company’s Ocean Transportation business. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_33 | 199,972 |
0000003453 | The price and supply of fuel are unpredictable and fluctuate based on events beyond the Company’s control. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_34 | 199,973 |
0000003453 | Increases in the price of fuel may adversely affect the Company’s results of operations. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_35 | 199,974 |
0000003453 | Increases in fuel costs also can lead to increases in other expenses such as energy costs and costs to purchase outside transportation services. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_36 | 199,975 |
0000003453 | In the Company’s Ocean Transportation and Logistics services segments, the Company utilizes fuel-related surcharges, although increases in the fuel-related surcharge may adversely affect the Company’s competitive position and may not correspond exactly with the timing of increases in fuel expense. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_37 | 199,976 |
0000003453 | Changes in the Company’s ability to collect fuel-related surcharges also may adversely affect its results of operations. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_38 | 199,977 |
0000003453 | Effective January 1, 2020, the IMO has imposed a world-wide regulation that generally requires that all ships must burn compliant fuel oil with a maximum sulfur content of ≤0.5 percent. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_39 | 199,978 |
0000003453 | Currently, LSFO is priced significantly higher than HSFO due to the need to refine the oil and the lack of sufficient quantities of LSFO on a global basis. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_40 | 199,979 |
0000003453 | While the Company has entered into contracts to secure LSFO on the U.S. West Coast, there is no guarantee that sufficient quantities will be available at a reasonable cost. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_41 | 199,980 |
0000003453 | In addition, prolonged use of LSFO on some Matson vessels could degrade engine performance or lead to higher maintenance costs. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_42 | 199,981 |
0000003453 | While Matson has announced plans to install scrubbers on additional vessels, there may be delays or other unexpected complications. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_43 | 199,982 |
0000003453 | The Company’s ability to recover the higher costs of IMO 2020 compliant fuel through fuel-related surcharges, the availability of LSFO, and the potential impact on vessel performance and maintenance costs may adversely affect the Company’s operations, business and profit. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_44 | 199,983 |
0000003453 | Work stoppages or other labor disruptions caused by unionized workers of the Company, other workers or their unions in related industries may adversely affect the Company’s operations. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_45 | 199,984 |
0000003453 | As of December 31, 2019, Matson and its subsidiaries had 1,988 employees, of which 794 employees were covered by collective bargaining agreements with shoreside unions. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_46 | 199,985 |
0000003453 | In addition, Matson’s fleet of active vessels require 298 billets to operate these vessels. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_47 | 199,986 |
0000003453 | Matson’s vessel management services also employed personnel in 28 billets to manage three vessels. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_48 | 199,987 |
0000003453 | Such employees are also subject to collective bargaining agreements. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_49 | 199,988 |
0000003453 | Furthermore, the Company relies on the services of third-parties including SSAT that employ persons covered by collective bargaining agreements. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_50 | 199,989 |
0000003453 | For additional information on collective bargaining agreements with unions, see Item1. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_51 | 199,990 |
0000003453 | C. Employees and Labor Relations of Part I above. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_52 | 199,991 |
0000003453 | The Company could be adversely affected by actions taken by employees of the Company or other companies in related industries against efforts by management of the Company or other companies to control labor costs, restrain wage or benefit increases or modify work practices. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_53 | 199,992 |
0000003453 | Strikes and disruptions may occur as a result of the failure of Matson or other companies in its industry to negotiate collective bargaining agreements with such unions successfully. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_54 | 199,993 |
0000003453 | In addition, any slow-downs, strikes, lock-outs or other disruptions, including limits to availability of labor through trade union hiring halls could have an adverse impact on Matson’s or SSAT’s operations. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_55 | 199,994 |
0000003453 | The Company is susceptible to weather, natural disasters and other operating risks. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_56 | 199,995 |
0000003453 | The Company’s operations are vulnerable to disruption as a result of weather, natural disasters and other climate driven events, such as bad weather at sea, hurricanes, typhoons, tsunamis, floods and earthquakes. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_57 | 199,996 |
0000003453 | Such events will interfere with the Company’s ability to provide on-time scheduled service, resulting in increased expenses and potential loss of business associated with such events. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_58 | 199,997 |
0000003453 | In addition, severe weather and natural disasters can result in interference with the Company’s terminal operations, and may cause serious damage to its vessels and cranes, loss or damage to containers, cargo and other equipment, and loss of life or physical injury to its employees, all of which could have an adverse effect on the Company’s business. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_59 | 199,998 |
0000003453 | These impacts could be particularly acute in certain ports in Alaska where the Company is dependent on a single crane. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_60 | 199,999 |
0000003453 | The Company’s vessels and their cargoes are also subject to operating risks such as mechanical failure, collisions and human error. | 1section_1A
| {
"1d": 1,
"5d": 0,
"30d": 1
} | 2020-02-28 | 0000003453_10-K_2019 | 0000003453_10-K_2019_section_1A_61 | 200,000 |
Subsets and Splits