Honolulu-based Matson Inc. reported net income of $166.9 million, or $3.90 per diluted share, for the fourth quarter, compared to $20 million, or 46 cents per diluted share, for the same quarter in 2016, an increase of 734 percent, which the carrier attributed to tax reform. Matson said net income and earnings per share in the quarter benefitted from a $155 million, or $3.62 per diluted share, one-time, non-cash adjustment arising from the Tax Cuts and Jobs Act, which President Donald Trump…