[Federal Register Volume 61, Number 201 (Wednesday, October 16, 1996)]
[Notices]
[Pages 53991-53992]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-26333]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB No. MC-F-20901]
Greyhound Lines, Inc.--Continuance in Control--Grupo Centro, Inc.
AGENCY: Surface Transportation Board, DOT.
ACTION: Notice tentatively approving finance transaction.
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SUMMARY: Greyhound Lines, Inc. of Dallas, TX (GLI), has filed an
application under 49 U.S.C. 14303 to continue in control of its wholly
owned subsidiary, Grupo Centro, Inc. (Grupo) upon Grupo's becoming a
motor carrier of passengers. Persons wishing to oppose the application
must follow the rules under 49 CFR part 1182, subpart
[[Page 53992]]
B. The Board has tentatively approved the transaction, and, if no
opposing comments are timely filed, this notice will be the final Board
action.
DATES: This notice is effective November 30, 1996. Comments are due by
November 30, 1996. Applicants may reply by December 16, 1996.
ADDRESSES: Send an original and 10 copies of any comments referring to
STB No. MC-F-20901 to: Surface Transportation Board, Office of the
Secretary, Case Control Branch, 1201 Constitution Avenue, N.W.,
Washington, DC 20423. In addition, send one copy of comments to
applicants' representative: Fritz R. Kahn, Suite 750 West, 1100 New
York Avenue, N.W., Washington, DC 20005.
FOR FURTHER INFORMATION CONTACT: Joseph H. Dettmar, (202) 927-5660.
[TDD for the hearing impaired: (202) 927-5721.]
SUPPLEMENTARY INFORMATION: GLI holds nationwide operating authority in
MC-1515 and sub-numbers as a motor common carrier of passengers. GLI
also controls the following regional interstate motor carriers of
passengers: Texas, New Mexico & Oklahoma Coaches, Inc.; Continental
Panhandle Lines, Inc.; and Vermont Transit, Inc.
Grupo has filed an application with the Federal Highway
Administration to operate as a motor carrier of passengers over routes
between the Mexican border crossing points of San Ysidro and Calexico,
CA; Nogales, AZ; and El Paso, Laredo, McAllen, and Brownsville, TX and
points elsewhere in the country, including, Bellingham, WA; Denver, CO;
Chicago, IL; Atlanta, GA; and Miami, FL.
Grupo is a wholly owned subsidiary of GLI, indirectly controlled
through GLI's noncarrier subsidiary, Sistema International de
Transporte de Autobuses, Inc. This application will enable GLI to
continue in control of Grupo when it becomes an authorized motor
carrier of passengers.
Applicants state that aggregate gross operating revenues for GLI
and its affiliates have exceeded $2 million during the 12 months
preceding the application. They assert that Grupo was organized to
render specialized services designed to accommodate the travel
requirements of Hispanic passengers traveling between points of entry
along the United States/Mexican border and points in the United States
with significant Hispanic populations. Allegedly, Grupo's entry into
the market will stimulate competition and improve the quality and
adequacy of passenger services available to Hispanic passengers.
Additionally, applicants maintain that the transaction will result in
no increase in fixed charges, and that no employees will be adversely
affected.
Applicants certify that: (1) GLI and its affiliates hold
satisfactory safety ratings, and Grupo is not as yet rated; (2) GLI
maintains and Grupo will procure and maintain sufficient liability
insurance to meet the established fitness requirements; (3) neither GLI
nor Grupo is domiciled in Mexico, and neither is owned or controlled by
a citizen of that country; and (4) approval of the transaction will not
significantly affect either the quality of the human environment or the
conservation of energy resources. Additional information may be
obtained from applicants' representative.
Under 49 U.S.C. 14303(b), we must approve and authorize a
transaction we find consistent with the public interest, taking into
consideration at least: (1) The effect of the transaction on the
adequacy of transportation to the public; (2) the total fixed charges
that result; and (3) the interest of affected carrier employees.
On the basis of the application filed by applicants, we find that
the proposed continuance in control is consistent with the public
interest and should be authorized. If any opposing comments are timely
filed, this finding will be deemed as having been vacated and a
procedural schedule will be adopted to reconsider the application. If
no opposing comments are filed by the expiration of the comment period,
this decision will take effect automatically and will be the final
Board action.
This action will not significantly affect either the quality of the
human environment or the conservation of energy resources.
It is ordered:
1. This proposed continuance in control is approved and authorized,
subject to the filing of opposing comments.
2. If timely opposing comments are filed, the findings made in this
decision will be deemed as having been vacated.
3. This decision will be effective November 30, 1996, unless timely
opposing comments are filed.
Decided: October 7, 1996.
By the Board, Chairman Morgan, Vice Chairman Simmons, and
Commissioner Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 96-26333 Filed 10-15-96; 8:45 am]
BILLING CODE 4915-00-P