Barge Bailout
Young Brothers proposes schedule and rate changes.
By Melissa Kelsey
Even transportation giants like Young Brothers are feeling the economy’s crunch, and Molokai could potentially see the brunt of the company’s money-saving strategies. Since December, Young Brothers, Limited, a barge company that has become an island life-line, has submitted two proposals to the State of Hawaii Public Utilities Commission (PUC) that have gotten Molokai residents’ attention. One proposal, if approved, would increase shipment costs, while the other would change Molokai’s barge schedule.
Young Brothers ships goods to ports throughout the Hawaiian archipelago on a regular weekly schedule. Because Young Brothers is the only company of its kind, resulting in no inter-industry regulation through price and route competition, Young Brothers is regulated by the government through the PUC. This means that the transportation giant cannot make changes to its sailing schedule or shipment prices without the state commission’s approval.