A&B’s agribusiness sector recovers but shipping down – Mauinews.com | News, Sports, Jobs, Visitor’s Information – The Maui News

Although its agribusiness sector continued its recovery in the first quarter, Alexander & Baldwin’s usual profit center, Matson Navigation Co., lost money, and the company reported a thin profit of $5.2 million, or 12 cents per share, Tuesday. President Stanley Kuriyama said Matson couldn’t adjust its fuel surcharges fast enough to keep up with...

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Sweet Smell of Success

The rain came down. The price went up, and Hawaiian Commercial & Sugar Co. finished the year with a much improved crop. The final raw sugar shipment was loaded at Kahului Harbor’s Pier One on Wednesday and Thursday. The harvest was just shy of 172,000 tons, much better than the 127,000 tons in 2009,...

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