Matson Integrated Logistics Subsidiary, Matson Global, Acquires Bay Area
Warehousing and Distribution Company
Expands Footprint by Nearly One Million Square Feet, Extends High-value Service Slate
CONCORD, CA -- September 2, 2008 - Matson Integrated Logistics ("MIL") announced today
that its Matson Global Distribution Services subsidiary ("Matson Global") has completed the
acquisition of Pacific American Services, LLC., ("PACAM"), a leading regional, asset-light
warehousing, packaging and distribution company specializing in value-added handling of
domestic, import and export goods.
With the addition of nearly one million square feet of warehousing and distribution space, PACAM
provides exceptional service coverage for the entire Northern California distribution network,
complementing Matson Global's recent expansion of 700,000 square feet of facilities in
Savannah, Georgia. The acquisition will add a versatile, experienced management team, and a
first-rate roster of clients to the company's existing customer base. PACAM serves hundreds of
local, national and international customers and has extensive industry expertise in handling high
value goods in the food and beverage, high tech and consumer packaged goods sector. The
company, which is ISO 9001-2000, organic and FDA certified and an approved Foreign Trade
Zone facility, was founded in 1987 and is headquartered in Oakland, California.
"As the tenth largest logistics company in the U.S., Matson Integrated Logistics and its subsidiary,
Matson Global, will continue to look for new opportunities to expand our domestic presence as a
third party logistics provider," said Robert Papworth, president, MIL. "With the acquisition of
PACAM, Matson Global will expand its geographic network in providing customers with
warehousing, packaging and distribution services."
"PACAM provides Matson Global with an excellent opportunity to further develop our distribution
capabilities for a diversified customer base," said Brian K. Howver, vice president and managing
director for Matson Global. "Matson Global is committed to providing customers with a one-stop
shop for distribution and transportation solutions, integrating an ocean and land network for
maximum velocity. We offer multiple service options to inland points, including guaranteed
expedited service, and customized distribution to meet specific needs. Our knowledge and
expertise encompasses everything from seasonal 'pop up' support for dedicated operations to
value added services for regional or national networks."
About Matson Integrated Logistics
MIL is a leading provider of multimodal transportation services to the North American market. MIL
capabilities include domestic and international rail intermodal service, long haul and regional
highway brokerage, expedited/air freight services and LTL transportation services, as well as
third-party logistics services that include warehousing, distribution, and freight forwarding through
its subsidiary, Matson Global Distribution Services (Matson Global). MIL serves a broad range of
customers and industries with customized transportation solutions and award-winning service.
MIL is a subsidiary of Matson Navigation Company, Inc. (Matson). Matson is a wholly owned
subsidiary of Alexander & Baldwin, Inc. of Honolulu (NASDAQ: ALEX).
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