Matson, the largest U.S. ocean container carrier, saw its stock improve Wednesday as improved prospects for China shipping outweighed lower earnings in the fourth quarter. The Honolulu-based company (NYSE: MATX) said net income of $134.7 million, or$4.24 per diluted share, for the quarter ended Sept. 30, from $199.1 million, or$5.89 per diluted share, a year ago. Consolidated revenue was $880.1 million compared with$962 million for the third quarter of 2024. Matson’s shares were up more than 9% in in ...