[Federal Register Volume 61, Number 231 (Friday, November 29, 1996)]
[Notices]
[Pages 60747-60748]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30486]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB No. MC-F-20902]
Colorado Mountain Express, Inc., and Airport Shuttle Colorado,
Inc., d/b/a Aspen Limousine Service, Inc.--Consolidation and Merger--
Colorado Mountain Express
AGENCY: Surface Transportation Board.
ACTION: Notice tentatively approving finance application.
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SUMMARY: Colorado Mountain Express, Inc. (Express), of Avon, CO, and
Airport Shuttle Colorado, Inc., d/b/a Aspen Limousine Service, Inc.,
and/or d/b/a Vans to Vail (Shuttle), of Glenwood Springs, CO
(collectively, applicants), have applied for authority under 49 U.S.C.
14303(a)(1) to consolidate or merge into Colorado Mountain Express
(CME), a Colorado general partnership to be formed for this purpose
once the transaction is approved. The transaction was approved on an
interim basis under 49 U.S.C. 14303(i), and we are now tentatively
granting permanent approval. Persons wishing to oppose the transaction
must follow the rules at 49 CFR part 1182, Subpart B. If no opposing
comments are timely filed, this tentative grant of authority will
become effective automatically at the close of the comment period and
will be the final Board action. If opposing comments are timely filed,
this tentative grant of authority will be deemed vacated, and the Board
will consider the comments and any replies, and issue a further
decision on the application.
DATES: Unless opposing comments are filed, this notice will be
effective on January 13, 1997. Comments are due by January 13, 1997,
and, if comments are filed, replies are due by January 28, 1997.
ADDRESSES: Send an original and 10 copies of any comments referring to
STB No. MC-F-20902 to: Surface Transportation Board, Office of the
Secretary, Case Control Branch, 1201 Constitution Ave., N.W.,
Washington, DC 20423. Also, send one copy of comments to applicants'
representatives: (1) Thomas J. Burke, 1625 Broadway, Denver, CO 80202;
and (2) Mark W. Williams, 1433 Seventeenth St., Denver, CO 80202.
FOR FURTHER INFORMATION CONTACT: Beryl Gordon, (202) 927-5660. [TDD for
the hearing impaired: (202) 927-5721.]
SUPPLEMENTARY INFORMATION: Express (MC-169174) and Shuttle (MC-
174322),1 both motor carriers of passengers, primarily operate
between Denver, CO, and various Colorado ski resorts. They hold similar
interstate and intrastate operating rights authorizing: (a) charter and
special operations within Colorado; and (b) regular route service
mostly between Denver and such points as Aspen, Avon, Beaver Creek,
Glenwood Springs, Grand Junction, and Rifle, CO.
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\1\ Although not involved in this transaction, New Orleans
Tours, Inc. (MC-160781), a motor passenger carrier engaged in
charter and special operations, is affiliated with Shuttle.
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Applicants state that their combined, aggregate gross operating
revenues exceed the $2 million jurisdictional threshold of 49 U.S.C.
14303(g). Claiming that losses are being incurred in their respective
operations, Express and Shuttle seek to consolidate their separate
properties, operations, and employees into CME. They assert that the
consolidated entity will be more efficient and profitable and will
provide more effective and economical service to the public.
Applicants certify that: (1) Shuttle received a conditional safety
rating from the U.S. Department of Transportation on October 7, 1996;
Express has not received a safety rating recently; (2) they have
sufficient insurance to cover the services they intend to offer; (3) no
party to the transaction is either domiciled in Mexico or owned or
controlled by persons 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' representatives.
Under 49 U.S.C. 14303(b), we must approve and authorize a
transaction that 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. We
find, based on the application, that the proposed
[[Page 60748]]
transaction is consistent with the public interest and should be
authorized.
This action will not significantly affect either the quality of the
human environment or the conservation of energy resources.
It is ordered:
1. The proposed consolidation and merger are approved and
authorized, subject to the filing of opposing comments.
2. This notice will be effective on January 13, 1997, but will be
deemed vacated if opposing comments are filed on or before that date.
Decided: November 25, 1996.
By the Board, Chairman Morgan, Vice Chairman Simmons and
Commissioner Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 96-30486 Filed 11-27-96; 8:45 am]
BILLING CODE 4915-00-P
