Pershing Square’s Bill Ackman has disclosed a 8.6% stake in the total outstanding common shares of Matson, Inc. (NYSE:MATX). Ackman received this stake through the spinoff from his Alex & Baldwin long-term holding. Founded in 1882, Matson is one of the leading U.S. carriers in the Pacific. Matson provides a vital lifeline to the island economies of Hawaii, Guam and Micronesia and premium, expedited service from China to Southern California. The Company’s fleet of 17 ships includes containerships, combination container and roll-on/roll-off vessels and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson’s transportation network throughout the continental U.S. Its integrated, asset-light logistics services include rail intermodal, highway brokerage and warehousing.