Here in that Matson stock price decline we're seeing the costs that the Jones Act imposes. It really is time we abolished it. If the US wants to subsidise the merchant marine then do so directly.
from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/19/matsons-stock-slumps-as-tote-maritime-decides-to-exploit-jones-act-market/
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