SAN FRANCISCO – September 4, 2003 -- Matson Navigation Company, Inc. (Matson) and Matson Intermodal System, Inc. (Matson Intermodal) were both honored this year with Logistics Management...

HONOLULU--(BUSINESS WIRE)--Sept. 4, 2003--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has acquired a three-building industrial complex in Salt Lake...

SAN FRANCISCO – September 3, 2003 -- Due to dramatic increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is raising its fuel surcharge from 6.5 to 7.5...

HONOLULU--(BUSINESS WIRE)--Aug. 20, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) welcomes new research coverage of its stock by Caris & Company. Caris' analyst, Nicholas Aberle, began coverage of...

HONOLULU--(BUSINESS WIRE)--Aug. 1, 2003--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has purchased the Napili Plaza from Maui Land & Pineapple Co.,...

HONOLULU, Jul 24, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2003 net income of $23,200,000, or $0.56 per share. Net income in the second quarter...

HONOLULU--(BUSINESS WIRE)--July 21, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that a wholly-owned A&B affiliate, South Maui Development LLC, has entered into a contract for the...

HONOLULU--(BUSINESS WIRE)--July 19, 2003--The appointment of James S. Andrasick as president and chief executive officer of Matson Navigation Company, Inc., the largest subsidiary of Alexander &...

PHILADELPHIA – July 12, 2003 -- Matson Navigation Company, Inc.'s (Matson) new containership MV Manukai was christened today by Mrs. Margaret Inouye, wife of Senator Daniel K. Inouye of Hawaii,...

HONOLULU--(BUSINESS WIRE)--June 26, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2003 dividend of 22.5 cents per share, payable on Sept....

HONOLULU--(BUSINESS WIRE)--June 16, 2003--A subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) today completed the sale of Airport Square, a Reno, Nev. shopping center, for $23.5 million....

SAN FRANCISCO – May 20, 2003 -- Matson Navigation Company has reached agreements with its offshore unions that will allow the company to proceed with the purchase of the two new containerships...

(Houston, TX---) Matson Navigation Company, one of the leading US domestic ocean carriers, has achieved certification of its combined Safety, Quality and Environmental Management Systems (SQE) to...

HONOLULU – (May 1, 2003) – Alyson J. Nakamura has been promoted to assistant general counsel at Alexander & Baldwin, Inc. (NASDAQ: ALEX), effective May 1, 2003 announced A&B President and...

SAN FRANCISCO--(BUSINESS WIRE)--April 25, 2003--Ronald J. Forest has been promoted to senior vice president of Matson Navigation Company, Inc. (Matson). The appointment was approved yesterday by...

HONOLULU, Apr 24, 2003 (BUSINESS WIRE) -- Jeffrey N. Watanabe, a prominent Honolulu attorney with an extensive record of public service, was today elected to the board of directors by the...

HONOLULU--(BUSINESS WIRE)--April 24, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2003 dividend of 22.5 cents per share, payable on June...

HONOLULU, Apr 24, 2003 (BUSINESS WIRE) -- Christopher J. Benjamin has been promoted to vice president, corporate development and planning at Alexander & Baldwin, Inc. (Nasdaq:ALEX), effective...

SAN FRANCISCO, Apr 23, 2003 (BUSINESS WIRE) -- With the current downward trend in fuel prices, Matson Navigation Company, Inc. (Matson) announced today that it is reducing its fuel surcharge by...

HONOLULU, Apr 23, 2003 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has signed a letter of intent with MK Management, LLC, formed...

HONOLULU, Apr 22, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for the first quarter of 2003 was $17,600,000, or $0.43 per basic share. Net...

HONOLULU, Apr 2, 2003 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has purchased a two-story commercial building in Valencia,...

HONOLULU, Mar 27, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) has acquired, through its real estate subsidiary, A&B Properties, Inc., a 31-story office tower in downtown...

HONOLULU, Mar 25, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) announced that its real estate subsidiary, A&B Properties, Inc., closed today the sale, for about $9.2 million, of...

HONOLULU, Mar 19, 2003 (BUSINESS WIRE) -- Following last year's sale of several Mainland shopping centers from its income property portfolio, Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) has...

SAN FRANCISCO, Feb 14, 2003 (BUSINESS WIRE) -- Due to dramatic increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is raising its fuel surcharge from 6 to...

HONOLULU--(BUSINESS WIRE)--Jan. 28, 2003--A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has entered into a joint...

HONOLULU--(BUSINESS WIRE)--Jan. 23, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a first-quarter 2003 dividend of 22.5 cents per share, payable on March...

HONOLULU--(BUSINESS WIRE)--Jan. 23, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for full-year 2002 was $58,156,000, or $1.42 per basic share. For 2001, the...

HONOLULU--(BUSINESS WIRE)--Dec. 27, 2002--Alexander & Baldwin, Inc. (NASDAQ: ALEX) completed an active year of investment activity for its income property portfolio with the purchase of a...

HONOLULU--(BUSINESS WIRE)--Dec. 18, 2002--A subsidiary of Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX) yesterday completed the sale of Moulton Plaza, a shopping center in the Laguna Hills...

HONOLULU--(BUSINESS WIRE)--Dec. 16, 2002--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that its board of directors renewed an outstanding authorization for repurchase of its common...

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 26, 2002--Matson Navigation Company, Inc. (Matson) is implementing a terminal handling charge in its Pacific Coast -- Hawaii service, effective January 12,...

HONOLULU, Oct 24, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a fourth-quarter 2002 dividend of 22.5 cents per share, payable on...

HONOLULU, Oct 23, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported third quarter 2002 net income of $17,825,000, or $0.43 per basic share. Net income in the third...

SAN FRANCISCO, Oct 7, 2002 (BUSINESS WIRE) -- Due to ongoing and rapid increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is increasing its fuel surcharge...

SAN FRANCISCO, Oct 5, 2002 (BUSINESS WIRE) -- The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) agreed last night to exempt all Hawaii cargo from...

HONOLULU, Sep 29, 2002 (BUSINESS WIRE) -- The Matson news release below provides information on the operating impact of the current shutdown of West Coast ports. A shutdown of a few days is not...

HONOLULU, Jul 17, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2002 net income of $13,197,000, or $0.32 per share. Net income in the second quarter...

HONOLULU, Jul 1, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a series of management changes at its largest subsidiary, Matson Navigation Company, Inc. The...

HONOLULU, Jun 27, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2002 dividend of 22.5 cents per share, payable on...

HONOLULU, Jun 18, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) and two of its real estate subsidiaries, including A&B Properties, Inc., today completed the purchase of the...

HONOLULU--(BUSINESS WIRE)--June 13, 2002--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has entered into an agreement to acquire the Mililani...

PHILADELPHIA, May 29, 2002 (BUSINESS WIRE) -- Matson Navigation Company, Inc.'s (Matson) (Nasdaq:ALEX) today signed a contract with Kvaerner Philadelphia Shipyard Inc. (KPSI) for the purchase of...

HONOLULU, May 29, 2002 (BUSINESS WIRE) -- As expected, Matson Navigation Company, Inc., the ocean transportation subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), today signed a contract to...

HONOLULU, May 21, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) continues to expand its income property portfolio with the purchase of the Marina Shores retail center in...

HONOLULU, May 3, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) subsidiaries today completed the sale of Market Square Shopping Center in Greeley, Colorado to Wheeler Square...

HONOLULU, HAWAII, April 25, 2002 – James S. Andrasick has been promoted to executive vice president of Alexander & Baldwin, Inc. (NASDAQ: ALEX), announced A&B President and Chief Executive...

HONOLULU, Apr 25, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2002 dividend of 22.5 cents per share, payable on June...

HONOLULU, Apr 25, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) announced today that it will accelerate the development of Kukui'Ula, its 1,045-acre project in the Poipu Resort...

HONOLULU, Apr 17, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported first quarter 2002 net income of $9,807,000, or $0.24 per share. In the first quarter of 2001, the...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--April 1, 2002--Sea Star Line, LLC (Sea Star) announced today that it has reached an agreement to acquire the assets of Navieras/NPR, Inc. (NPR) and of certain...

HONOLULU, Mar 15, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) has updated information and added analytical features to its Internet site, www.alexanderbaldwin.com. The 2001...

SAN FRANCISCO--(BUSINESS WIRE)--March 1, 2002--Matson Navigation Company, Inc. (Matson) has filed a 2.75 percent general rate increase in its U.S. Pacific Coast -- Hawaii Service, effective April...

OAKBROOK TERRACE, Ill.--(BUSINESS WIRE)--Feb. 25, 2002--Matson Intermodal System, Inc. (Matson Intermodal) has introduced new online shipment tracking capabilities at www.matson.com. The features...

HONOLULU, Feb 19, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) and its real property estate subsidiary, A&B Properties, Inc. (ABP), today completed the sale of a seven-building...

SAN FRANCISCO, Feb 4, 2002 (BUSINESS WIRE) -- Matson Navigation Company, Inc. (Matson) has completed the sale of two combination roll-on, roll-off/lift-on, lift-off containerships to Sea Star...

Honolulu (January 24, 2002) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a first-quarter 2002 dividend of 22.5 cents per share, payable on March 7, 2002 to...

HONOLULU, Jan 24, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for all of 2001 was $110,628,000, or $2.73 in basic earnings per share....

HONOLULU, Dec 20, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today indicated that the Company's expectation for its financial performance in the fiscal fourth quarter, ending...

PUUNENE – Sugar in the Raw, the leading brand of turbinado sugar sold in the United States, has changed its packaging to promote its new source of natural cane sugar – Maui, Hawaii. The...

SAN FRANCISCO, Nov 20, 2001 (BUSINESS WIRE) -- As a result of current lower fuel prices, Matson Navigation Company, Inc. (Matson) announced today that it is reducing its fuel surcharge by one...

HONOLULU – A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX), has completed the sale of a three-acre lot at A&B's Mill...

SAN FRANCISCO, Nov 7, 2001 (BUSINESS WIRE) -- In response to the recent economic downturn, Matson Navigation Company, Inc. (Matson) is reducing its Hawaii Service fleet from eight to seven ships,...

HONOLULU--(BUSINESS WIRE)--Nov. 5, 2001--A&B Properties, Inc., the real estate development subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has purchased a prime piece of Waikiki real...

HONOLULU, Oct 25, 2001) (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a fourth-quarter 2001 dividend of 22.5 cents per share, payable on...

HONOLULU, Oct 17, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported third quarter 2001 net income of $17,312,000, or $0.42 per share. Net income in the third quarter...

HONOLULU--(BUSINESS WIRE)--Oct. 8, 2001--A&B Properties, Inc., the real estate development subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has entered into a joint venture partnership...

HONOLULU--(BUSINESS WIRE)--Sept. 19, 2001--A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), and Armstrong Builders,...

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 28, 2001--Matson Intermodal System, Inc. (Matson Intermodal) was ranked as the number one intermodal marketing company (IMC) in Logistics magazine's 18th...

HONOLULU--(BUSINESS WIRE)--July 18, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2001 net income of $24,514,000, or $0.61 per share. Net income in the second quarter...

HONOLULU--(BUSINESS WIRE)--June 28, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2001 dividend of 22.5 cents per share, payable on...

HONOLULU, Jun 8, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today indicated that the Company's current expectation for its per-share earnings in the second quarter, ending...

HONOLULU, Jun 7, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) continues to expand its real estate portfolio with the agreement to purchase two neighborhood shopping...

KAUAI -- A&B Properties, Inc. (ABP), a subsidiary of Alexander & Baldwin, Inc. (NASDAQ: ALEX), will begin construction this summer of its Port Allen Marina Center, a two-story 32,000 square-foot...

HONOLULU--(BUSINESS WIRE)--April 26, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2001 dividend of 22.5 cents per share, payable on June...

HONOLULU--(BUSINESS WIRE)--April 18, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported first quarter 2001 net income of $22,434,000, or $0.55 per share. In the first quarter of 2000,...

HONOLULU--(BUSINESS WIRE)--Feb. 9, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) completed the purchase, on February 6th, of the Pacific Guardian Tower, an 18-story office building located at a...

KAHULUI, Maui--(BUSINESS WIRE)--Feb. 7, 2001--A&B Properties, Inc, a subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX) is pursuing the development of a small business-oriented hotel close to...

HONOLULU--(BUSINESS WIRE)--Feb. 6, 2001--Alexander & Baldwin, Inc. (A&B) (NASDAQ:ALEX) and its subsidiary, A&B Properties, Inc., completed the sale on January 31st of three real estate assets in...

HONOLULU--(BUSINESS WIRE)--Jan. 26, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that, including an accounting change, its net income for all of 2000 was $90,574,000, or $2.21 per...

HONOLULU--(BUSINESS WIRE)--Jan. 25, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a first-quarter 2001 dividend of 22.5 cents per share, payable on March...

HONOLULU, HAWAII – In 2001, the Alexander & Baldwin Foundation (ABF), funded by the business activities of Alexander & Baldwin, Inc. and its subsidiaries, donated more than $1.1 million to 266...

HONOLULU--(BUSINESS WIRE)--Dec. 20, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that it has added information and analytical features regarding its property development and...

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 22, 2000--Matson Navigation Company has filed a 3.5 percent rate increase in its U.S. Pacific Coast -- Hawaii Service, effective February 14, 2001. The...

FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 13, 2000--The Burlington Northern and Santa Fe Railway Company (BNSF) and the Matson Navigation Company subsidiary, Matson Intermodal System, Inc., today...

HONOLULU--(BUSINESS WIRE)--Nov. 2, 2000--Alexander & Baldwin, Inc. (NASDAQ: ALEX) has entered into a purchase agreement to acquire the Pacific Guardian Tower from Tosei Properties, Inc. The...

HONOLULU--(BUSINESS WIRE)--Oct. 26, 2000--The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a fourth-quarter 2000 dividend of 22.5 cents per share, payable on...

HONOLULU--(BUSINESS WIRE)--October 19, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its third quarter 2000 net income increased 16 percent to $21,354,000, and that its third...

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 13, 2000--In response to the strengthening Hawaii economy and the concurrent increase in market demand, Matson Navigation Company is adding capacity and...

As a result of continued increases in fuel costs, Matson Navigation Company is raising its fuel surcharge by 1 percent in its Hawaii and Guam services, effective October 15, 2000. This will bring...

PUUNENE, Maui – Hawaiian Commercial & Sugar Company (HC&S) Plantation General Manager G. Stephen Holaday today announced a reorganization at HC&S. Meetings are being held with company employees...

KAHULUI, MAUI -- With $4 million of infrastructure improvements well underway at the 34-acre Phase IB of the Maui Business Park, A&B Properties, Inc. today announced the sale of a 12.7-acre parcel...

HONOLULU -- Alexander & Baldwin, Inc. (NASDAQ: ALEX) today purchased the Ontario Distribution Center in Ontario, Calif., announced A&B President and CEO W. Allen Doane. The Center consists of...

Matson Intermodal System has acquired Paragon Transportation Group, a diversified transportation services marketing company specializing in intermodal rail and over-the-road services. The company...

HONOLULU--(BUSINESS WIRE)--July 20, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its second quarter 2000 net income increased 21 percent, to $28,243,000, and that its second...

HONOLULU -- Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX) today finalized the fee simple purchase of Downtown Honolulu's historic Judd Building, announced A&B President and CEO W. Allen Doane....

HONOLULU--(BUSINESS WIRE)--June 22, 2000--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX - news) today announced a third-quarter 2000 dividend of 22.5 cents per share, payable on...

HONOLULU--(BUSINESS WIRE)--June 22, 2000--Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX - news) today completed the sale of the fee simple interest in a 13-acre parcel of land in Kahului, Maui for...

PU‘UNENE, MAUI – Anthony V. Hong has been appointed to the position of general manager of Hawaiian Duragreen, Inc., the Alexander & Baldwin, Inc. (NASDAQ:ALEX) subsidiary which will...