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Shipping Rate Increases

Prices on products are expected to rise due to a 46-percent cargo shipping rate increase in Hawai’i. The emergency rate increase from interisland shipper Young Brothers LLC went into effect this month after being approved by the Hawaii Public Utilities Commission. The commission required the company to return to pre-pandemic shipping schedules as a condition of the rate increase. It’s expected that many businesses will have to pass along the rate increase to customers.