The ocean transportation and logistics business segments for Hawaii-based shipping company Matson performed well despite being down from the high level pandemic-driven demand of the last two years, company Chairman and Chief Executive Officer Matt Cox said April 19. “Within ocean transportation, our China service generated lower year-over-year volume and freight rates, which were the primary contributors to the year-over-year decline in our consolidated operating income,” he said. In the first quarter, retail consumers managed their inventories more conservatively in the backdrop of weakening consumer demand, rising interest rates and economic uncertainty, he said.  “As such, we expect our CLX…