Container line Matson projects Q1’21 net income will be $80 million to $85 million compared to analysts’ estimates of $60 million and $4 million a year earlier. The firm’s China-U.S. expedited services have been the main driver of growth with volumes having expanded by 218.6% year over year in Q1’21. Matson’s CEO, Matt Cox, expects elevated demand “to continue beyond the second quarter”. The growth in Matson’s China-to-U.S. service has been driven by leisure goods and electrical / electronic equipment which climbed 478% and 247% higher year over year respectively. Technology manufacturer...