Shipping most goods between the main Hawaiian islands will get more expensive Jan. 1 under a decision issued Monday by state regulators.
The state Public Utilities Commission granted a request by Young Brothers LLC for the interisland tug-and-barge service operator to boost its annual revenue from regulated cargo rates by 25.75%.
The company was denied a request for automatic annual increases up to 5% tied to inflation.
Because an interim 18.1% rate hike approved by the PUC earlier this year went into effect July 1, the size of the new increase from current rates amounts to 7.65%. However, it follows a 46% hike in 2020.
The unanimous decision by the three-member commission followed a quasi-judicial proceeding that ran four days through Oct. 2 and included testimony from Young Brothers

Honolulu Star-Advertiser Traffic

Hawaii Tribune-Herald
Honolulu Civil Beat
The Baltimore Sun
AlterNet
People Shopping
Raw Story
Reuters US Economy
Atlanta News First
Eyewitness News 3
TownTimes news.com
KQED
Newsweek Top