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Letter: Young Brothers is best option to maintain prices | Honolulu Star-Advertiser
Supporters say Young Brothers needs the hikes to repay debt and avoid higher shipping costs for island customers, critics warn of another bailout.
Summary
If a business can’t be profitable, it will go out of business. Young Brothers was not sending profits to Saltchuk “during good times and then seeking a bailout from the state during bad,” per critics (“Lawmakers pave way for Young Brothers’ regular rate hikes,” Star-Advertiser, May 13). Young Brothers was repaying the debt owed to Saltchuk for bankrolling the cost for building three new tugs so they could continue to service our islands.