The passing of longtime Hawaii senator Daniel Inouye could have implications for Matson (MATX...

|By:, SA News Editor

The passing of longtime Hawaii senator Daniel Inouye could have implications for Matson (MATX -0.6%), according to dealReporter. Efforts to rewrite the Jones Act which requires the use of U.S. ships for cargo passing between U.S. ports are ramping up. Without the considerable clout of Inouye to protect Hawaii's interests, Mattson's cargo business to and from the region could at risk.