The Maui News

HONOLULU–Young Brothers, LLC has filed a rate case with the Hawai’i Public Utilities Commission (PUC), requesting approval of a $26.3 million increase in revenue–or an average 20% increase in rates for the majority of cargo–to cover significant increases in the cost of service, support critical investments to upgrade equipment and infrastructure, and sustain the vital interisland shipping service that connects the state’s island communities.

“This necessary realignment of rates will put Young Brothers on a more sustainable path for the future, ensuring we can continue providing the vital service our customers and communities depend on and build a more resilient company that can adapt to future needs and challenges,” said Jay Ana, President of Young Brothers.

According to a press release, the primary drivers of Young Brothers’ need to raise additional revenue are a substantial increase in operating expenses, cargo volume not returning to pre-pandemic levels, and strategic investments to modernize our fleet and harbor infrastructure and ensure reliable service.