Rate Increases Approved
Public Utilities Commission passes Molokai and Lanai exceptions
Young Brothers Press Release
Young Brothers received approval from the Public Utilities Commission (PUC) for a rate increase for regulated inter-island cargo services on July 28. The average overall rate increase will be 13.46 percent. The newly approved rates include a 9.66 percent increase for containerized cargo, a 9.22 percent increase for automobiles and “roll-on, roll-off” cargo and a 21.26 percent increase for less than container load (LCL) cargo, except for Molokai and Lanai, for which the LCL increase is 12 percent. The rate increases become effective for cargo booked on barges sailing on August 1.
“The revenue from this rate case is needed to finance new investments in vessels and other cargo equipment, and to pay for costs associated with maintaining reliability of service and the same number of sailings, despite falling cargo volumes,” said Roy Catalani, Young Brothers’ Vice President of Strategic Planning and Government Affairs.
Last December, Young Brothers submitted a request for an average rate increase of 17.9 percent to the PUC, including a 15 percent increase for containerized cargo, a 10 percent increase for automobiles and “roll-on, roll-off” cargo and a 25 percent increase for LCL cargo.














