From the Star-Advertiser:

Matson Inc., the state’s largest ocean cargo carrier, said Thursday it will lower its Hawaii fuel surcharge by 5 percentage points to 37.5 percent Nov. 2 to compensate for falling ship fuel prices.

The decrease follows two increases earlier this year — 3 percentage points in June and 5 percentage points in March — imposed by Matson for shipments between the West Coast and Hawaii.

Dave Hoppes, senior vice president of ocean services for the company, said the reduction should save most customers $100 to $175 to ship a container.