Young Brothers shipping more ag products
By ERIN MILLER
Interisland shipping company Young Brothers Ltd. reported a nominal increase in cargo volume to the Neighbor Islands last year, but steadily rising amounts of agricultural products.
The company on Thursday released its end-of-the-year report for 2012. The volume of agricultural products moved across the state was up 11.6 percent over 2011. That included a 13.7 percent increase from the last quarter of 2011 to the last quarter of 2012.
“The renewed interest in buying local, good health, it’s all anecdotal, but those might be drivers” for the increased volume, said Roy Catalani, vice president of strategic planning and government relations.
He said he hadn’t studied why the overall rates remained so flat last year, despite reports of a growing economy.
“Our cargo to the neighbor islands is just one indicator of neighbor island economic activity,” he said, adding the cargo volumes don’t represent Oahu’s activity.
Cargo volumes increase 2 percent in the last quarter compared to the same three-month period in 2011, but the company saw only a 0.4 percent increase from 2011 to 2012. Cargo volume rates were up 2.6 percent in the first quarter, dropped 2.7 percent in the second quarter and 1.1 percent in the third quarter before making the fourth-quarter recovery.
“I’m not sure what’s driving it,” Catalani said. “We’re glad we haven’t lost any ground.”
Hawaii Island’s two ports, Kawaihae and Hilo, both recorded slight decreases in volume for the year, down 0.9 percent and 0.4 percent respectively.
Young Brothers offers a discount for agricultural products of 30 to 35 percent.
Email Erin Miller at email@example.com.
Rules for posting comments
Comments posted below are from readers. In no way do they represent the view of Oahu Publishing Inc. or this newspaper. This is a public forum.
Comments may be monitored for inappropriate content but the newspaper is under no obligation to do so. Comment posters are solely responsible under the Communications Decency Act for comments posted on this Web site. Oahu Publishing Inc. is not liable for messages from third parties.
IP and email addresses of persons who post are not treated as confidential records and will be disclosed in response to valid legal process.
Do not post:
- Potentially libelous statements or damaging innuendo.
- Obscene, explicit, or racist language.
- Copyrighted materials of any sort without the express permission of the copyright holder.
- Personal attacks, insults or threats.
- The use of another person's real name to disguise your identity.
- Comments unrelated to the story.
If you believe that a commenter has not followed these guidelines, please click the FLAG icon below the comment.