Categorized | Business

PUC sets Young Brothers public hearings

Karin Stanton | Hawaii 24/7 Editor

The state Public Utilities Commission has scheduled a series of hearings on Young Brothers Ltd.’s application to raise interisland shipping rate.

Young Brothers seeks approval for a rate hike ranging from 14 percent to 38.7 percent depending on the type of cargo, which will generate an additional $14.4 million in revenue for the company.

Young Brothers has said the hike is necessary to provide a reasonable profit in response to cargo volume declines and competition from Pasha Hawaii Transport Lines.

The hearing schedule

* 6 p.m. July 25 – Maui Waena Intermediate School Cafeteria, 795 Onehee Ave., Kahului

* 6 p.m. July 26 – Lanai High & Elementary School Cafeteria, 555 Fraser Ave., Lanai City

* 6 p.m. July 27 – Hawaii Public Utilities Commission, 465 S. King Street, Honolulu

* 6 p.m. July 28 – Mitchel Pauole Center Conference Room, 90 Ainoa St., Kaunakakai

* 4 p.m. Aug. 1 – Kauai War Memorial Convention Hall, 4191 Hardy St., Lihue

* 9 a.m. Aug. 2 – Hawaii State Building, 75 Aupuni St., Hilo

* 4 p.m. Aug. 2 – West Hawaii Civic Center, 74-5044 Keohokaloe Hwy, Kailua-Kona

For further information, call the PUC at 586-2020.

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