Hawaii approves Young Bros. intra-state rate hikes
Hawaii's public utilities commission has sanctioned a 13.5 percent rate hike for inter-island shipments handled by local carrier Young Brothers, local television news outlets reported Thursday.
The rate increases, which go into effect Saturday, vary depending on the time of cargo being moved. Containerized cargo will see a 10 percent rise, while cars shipment rates will rise about 9 percent, reports said.
The carrier said its volume fell 10 percent in 2008 and it is expecting a further 11 percent decline in 2009.
Hawaii approves Young Bros. intra-state rate hikes
