Container shipping firm Matson reported revenues which declined by 3.5% year over year in Q1 as a collapse in logistics brokerage revenues was offset by growth in container handling on routes from Hawaii and Alaska. Continued growth in the latter two will be crimped by reduced tourism and lower oil prices linked to the COVID-19 pandemic. Shipping on the firm’s China-U.S. routes fell in Q1 but may recover as the firm “expects the disruption and loss of capacity in the transpacific air cargo and ocean freight markets to provide opportunities for its differentiated, expedited CLX service”. ...