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State audit calls for Young Brothers to reform its operations and possibly reduce its prices

  • GEORGE F. LEE / GLEE@STARADVERTISER.COM
                                Interisland ocean cargo carrier Young Brothers LLC was granted a 46% emergency rate increase last year by the state. Above, containers were stacked Thursday at the company’s Honolulu Harbor facility at Piers 39 and 40.

    GEORGE F. LEE / GLEE@STARADVERTISER.COM

    Interisland ocean cargo carrier Young Brothers LLC was granted a 46% emergency rate increase last year by the state. Above, containers were stacked Thursday at the company’s Honolulu Harbor facility at Piers 39 and 40.

  • GEORGE F. LEE / GLEE@STARADVERTISER.COM
                                Young Brothers has been able to generate a monthly profit of over $2 million as of June 30, according to a state-ordered audit. Above, containers and vehicles were loaded on a barge at the company’s Honolulu Harbor facility on Thursday.

    GEORGE F. LEE / GLEE@STARADVERTISER.COM

    Young Brothers has been able to generate a monthly profit of over $2 million as of June 30, according to a state-ordered audit. Above, containers and vehicles were loaded on a barge at the company’s Honolulu Harbor facility on Thursday.

A state-ordered audit of interisland ocean cargo carrier Young Brothers LLC said an emergency 46% rate hike regulators begrudgingly granted last year is now generating profits for the company. Read more

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