Young Brothers cargo volumes increase slightly

HONOLULU — Young Brothers Limited reported a slight increase in its cargo shipments between Honolulu and six Neighbor Island ports.

According to its quarterly shipping report for first quarter released Friday, intrastate volumes overall were up 2.6 percent compared to first-quarter numbers from January through March one year ago.

Nawiliwili showed a 2.5 percent decrease in overall cargo volume, driven by an 11.9 percent decline in outbound cargo and a .2 percent decline in inbound.

Young Brothers president Glenn Hong said overall cargo volume started the quarter strong in January with favorable comparisons to a weak January last year. He said the February comparison was not as strong and by March, volume had shifted to a negative comparison.

Roy Catalani, Young Brothers vice president for strategic planning and government affairs, said cargo volumes to and from three Neighbor Island port facilities in Kahului on Maui and Hilo and Kawaihae on the Big Island were encouraging. Kahului saw an increase of 6.3 percent during the first quarter of the year, while Hilo and Kawaihae were up 4.3 and 2.4 percent, respectively.

Kahului’s increase was driven by inbound cargo headed to Kahului, which jumped 7.6 percent from the previous year in contrast to a 1.4 percent increase in outbound cargo, he said. Hilo marked a 5.8 percent increase in inbound cargo and a 0.1 percent increase in outbound.

Kawaihae’s increased volumes were largely a result of its outbound cargo volume increasing 4.0 percent this quarter, while its inbound cargo was up a more modest 1.9 percent, he said.

Kaunakakai, Moloka‘i showed a 9.5 percent decline in cargo volumes from first quarter 2011. Catalani said this was driven by a 30.9 percent decline in outbound cargo, and a 3.5 percent decline in inbound.

The smallest Young Brothers’ facility in Kaumalapau, Lana‘i, experienced a 5.3 percent increase in overall cargo volume from first quarter of last year.

0 Comments

Your email address will not be published. Required fields are marked *

*

By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. To report comments that you believe do not follow our guidelines, send us an email.