BUSINESS BRIEFS
Matson to use tracking technology
Advertiser Staff
Matson Navigation Co. said it will use a logistics and supply-chain software management technology developed by Oakland-based Navis LLC at Matson's Sand Island terminal in Honolulu.
Matson said it also plans to use the Navis software starting next year in additional terminals in Hawai'i as well as for container tracking in Guam and Micronesia.
BIG ISLAND TOURISM AWARDS FRIDAY
The Big Island Visitors Bureau's annual membership luncheon and Aikane Awards presentation will be Friday at the Waikoloa Beach Marriott Resort & Spa.
Keynote speaker John DiScala, aka "Johnny Jet," a Los Angeles-based media personality, visitor industry insider and publisher of www.JohnnyJet.com, will discuss the evolution of online media, how to tell if travel Web sites and media are legitimate, and how to work with media to better promote your business.
Keoki Kahumoku, recipient of three Grammy Awards and one of Hawai'i Island's musical stars, will provide the entertainment. Registration and no-host cocktails are from 11:15 a.m. to noon, followed by the luncheon.
The Big Island Visitors Bureau also will bestow Aikane Awards to individuals who have made a commitment of perpetuating and sharing the history and culture of Hawai'i's Big Island with visitors and residents.
The awards are designed to recognize individuals and/or entities for their contributions to the island's visitor industry.
The public is invited at a cost of $45 per person. For more information and reservations, call Missy Kaleohano at 808-961-5797.
HORIZON SEES BETTER 4TH QUARTER
Horizon Lines, the second largest shipping company serving Hawai'i, has revised its financial guidance for the fourth quarter.
Based on current market conditions, the company says it now expects operating revenue of $310 million to $315 million for the fourth quarter of 2007. The previous forecast was $300 million to $310 million.
Earnings before interest expense, net, taxes, depreciation and amortization for the quarter are forecast at $35 million to $38 million, down from the previous forecast of $43 million to $48 million. Diluted earnings per share are expected to be 28 cents to 35 cents, versus the previous estimate of 53 cents to 65 cents.
The company also revised its full-year forecasts.
CLIMATOLOGY CONFERENCE NEXT WEEK
A group of scientists and others will gather at a symposium on the Big Island next week to mark a milestone in climatology.
The buildup of green house gases in the atmosphere will be the focus of discussions at the event set for Thursday through Saturday at the Sheraton Keauhou Bay Resort. The symposium, sponsored by the National Oceanic and Atmospheric Association, coincides with 50 years of continuous carbon dioxide measurements made by NOAA's Mauna Loa Observatory.
Organizers call the observatory's work "the bedrock of worldwide research into human-caused climate change."
Science, business and policy leaders will address such topics as the impacts of increased atmospheric carbon dioxide on land and ocean ecosystems, energy alternatives to fossil fuels, economic impacts of climate change, and regional efforts to control greenhouse gas emissions. For more information on the conference, visit www.co2conference.org.
