Student Transportation of America, Inc.-Control-Dairyland Buses, Inc., 77888-77889 [2011-32057]

Download as PDF 77888 Federal Register / Vol. 76, No. 240 / Wednesday, December 14, 2011 / Notices agency’s application, the FAA has determined that the approved class accounts for less than 1 percent of the total annual enplanements at Yellowstone Regional Airport. Brief Description of Projects Approved for Collection and Use: Security enhancement 1 Security enhancement 2 Pickup mounted snow plow blade Service road rehabilitation Acquire aircraft rescue and firefighting fire suits Replace aircraft rescue and firefighting equipment Airport layout plan update and narrative boundary survey PFC consulting fees Expand aircraft rescue and firefighting building Acquire snow removal equipment Acquire interactive training system Acquire snow removal equipment vehicle attachment Brief Description of Withdrawn Project: Two-inch overlay, taxiway A. Date of Withdrawal: September 7, 2011. Decision Date: November 17, 2011. For Further Information Contact: Jesse Lyman, Denver Airports District Office, (303) 342–1262. Public Agency: County of Knox, Rockland, Maine. Application Number: 12–01–C–00– RKD. Application Type: Impose and use a PFC. PFC Level: $4.50. Total PFC Revenue Approved in This Decision: $167,250. Earliest Charge Effective Date: January 1, 2012. Estimated Charge Expiration Date: July 1, 2016. Classes of Air Carriers Not Required to Collect PFC’s: (1) Non-scheduled/ondemand air carriers; (2) Passengers enplaned on a flight to an airport in a community that has a population of less than 10,000 and is not connected by a land highway or vehicular way to the land-connected National Highway System within a State. Determination: Approved. Based on information contained in the public agency’s application, the FAA has determined that each approved class accounts for less than 1 percent of the total annual enplanements at Know County Regional Airport. Brief Description of Projects Approved for Collection and Use: Snow removal equipment acquisition Airport pavement rehabilitation Master plan update Brief Description of Projects Approved For Collection: Design and permitting for runway 13/31 Easement acquisition Obstruction removal Perimeter fencing Runway 13/31 reconstruction Rehabilitate terminal aircraft apron Decision Date: November 22, 2011. For Further Information Contact: Priscilla Scott, New England Region Airports Division, (781) 238–7614. AMENDMENT TO PFC APPROVALS Amendment approved date Amendment No. city, state 07–01–C–01–SIT, Sitka, AK ........................................................ 08–05–C–01–RAP Rapid Sity, SD .............................................. 99–01–C–04–ANC, Anchorage, AK ............................................ 06–17–C–01–ORD, Chicago, IL .................................................. 10–08–C–01–GCC, Gillette, WY ................................................. 07–06–C–01–GCC, Gillette, WY ................................................. 09–04–C–01–ROW, Roswell, NM ............................................... 10–03–C–01–DAL, Dallas, TX ..................................................... 08–01–C–01–IFP, Bullhead City, AZ ........................................... 08–17–C–03–BDL, Windsor Locks, CT ....................................... 09–06–C–01–HTS, Huntington, WV ............................................ 08–05–C–01–SAN, San Diego, CA ............................................. Issued in Washington, DC, on December 5, 2011. Joe Hebert, Manager, Financial Analysis and Passenger Facility Charge Branch. [FR Doc. 2011–31986 Filed 12–13–11; 8:45 am] BILLING CODE 4910–13–M DEPARTMENT OF TRANSPORTATION mstockstill on DSK4VPTVN1PROD with NOTICES Surface Transportation Board [Docket No. MC–F 21042] Student Transportation of America, Inc.—Control—Dairyland Buses, Inc. AGENCY: VerDate Mar<15>2010 15:14 Dec 13, 2011 Jkt 226001 10/28/11 10/31/11 11/04/11 11/08/11 11/10/11 11/14/11 11/15/11 11/15/11 11/16/11 11/16/11 11/17/11 11/23/11 $1,100,000 729,192 22,000,000 73,198,000 426,381 167,238 510,594 345,323,728 744,600 11,707,591 1,122,712 26,301,763 Student Transportation of America, Inc., a motor carrier of passengers (Student Transportation), has filed an application under 49 U.S.C. 14303 for its acquisition of control of Dairyland Buses, Inc., also a motor carrier of passengers (Dairyland). The Board is tentatively approving and authorizing the transaction, and, if no opposing comments are timely filed, this notice will be the final Board action. Persons wishing to oppose the application must follow the rules under 49 CFR 1182.5 and 1182.8. SUMMARY: Comments must be filed by January 27, 2012. Student Transportation may file a reply by February 10, 2012. If no comments are filed by January 27, 2012, this notice shall be effective on that date. DATES: Surface Transportation Board. Notice Tentatively Approving and Authorizing Finance Transaction. ACTION: Original approved net PFC revenue PO 00000 Frm 00123 Fmt 4703 Sfmt 4703 Amended approved net PFC revenue $1,375,000 1,048,782 21,043,173 78,404,650 813,164 91,395 627,519 383,636,108 904,132 12,135,277 1,208,420 19,031,690 Original estimated charge exp. date. Amended estimated charge exp. date 06/01/12 06/01/09 01/01/06 08/01/16 05/01/15 02/01/11 12/01/13 03/01/22 07/01/12 07/01/21 09/01/13 12/01/09 7/01/14 10/01/09 01/01/06 07/01/16 11/01/14 11/01/10 11/01/13 04/01/26 10/01/12 07/01/21 06/01/12 12/01/09 Send an original and 10 copies of any comments referring to Docket No. MC–F 21042 to: Surface Transportation Board, 395 E Street SW., Washington, DC 20423–0001. In addition, send one copy of comments to Student Transportation’s representative: Mark J. Andrews, Strasburger & Price, LLP, Suite 640, 1700 K Street NW., Washington, DC 20006. FOR FURTHER INFORMATION CONTACT: Julia M. Farr, (202) 245–0359. Federal Information Relay Service (FIRS) for the hearing impaired: 1–(800) 877–8339. SUPPLEMENTARY INFORMATION: Student Transportation is a publicly held corporation established under the laws of New Jersey. It holds authority from the Federal Motor Carrier Safety Administration (FMCSA) as a motor carrier providing interstate charter ADDRESSES: E:\FR\FM\14DEN1.SGM 14DEN1 mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 240 / Wednesday, December 14, 2011 / Notices passenger services to the public (MC–31422). Dairyland, a corporation established under Wisconsin law, also holds a FMCSA license (MC–170747) and is owned by Coach USA, Inc., a Delaware corporation and noncarrier. The core business of both Student Transportation and Dairyland is transporting students to and from school, a type of transportation not subject to Board jurisdiction. See 49 U.S.C. 13506(a)(1). According to the application, approximately 97 percent of Student Transportation’s revenue is derived from school bus services exempt from FMCSA licensing jurisdiction; the remaining 3 percent is derived from incidental charter operations that do require FMCSA authority if they are interstate in nature. Similarly, the application indicates that Dairyland derives the vast majority of its revenue from exempt school bus transportation, with the remainder involving incidental charter operations. The application states that FMCSAregulated charter and special operations have accounted for an insignificant percentage of Student Transportation’s and Dairyland’s total revenues. Under the proposed transaction, Student Transportation seeks permission to acquire all of the shares of Dairyland. According to the application, the shares of Dairyland were anticipated to be transferred on or about November 14, 2011, from their current owner, Coach USA, Inc., into an independent voting trust established under 49 CFR pt 1013—Guidelines for the Proper Use of Voting Trusts, where they would remain until the proposed transaction is dismissed by Student Transportation or disapproved by the Board, or until Board approval is final and effective. Under 49 U.S.C. 14303(b), the Board must approve and authorize a transaction it finds 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. Student Transportation has submitted information, as required by 49 CFR 1182.2, including the information to demonstrate that the proposed transaction is consistent with the public interest under 49 U.S.C. 14303(b), and a statement that the 12-month aggregate gross operating revenues of Student Transportation and Dairyland exceeded $2 million. Student Transportation states that the proposed transaction will have no significant impact on the adequacy of transportation services available to the VerDate Mar<15>2010 15:14 Dec 13, 2011 Jkt 226001 public because Student Transportation has no intention of substantially changing the physical operations historically conducted by Dairyland. With respect to fixed charges, Student Transportation states that the proposed transaction will reduce not only interest costs but also a variety of other overhead and variable costs that Dairyland might otherwise bear. According to Student Transportation, the transaction will have a positive impact on employee interests, as the economies and efficiencies resulting from the proposed transaction, will directly benefit Dairyland’s employees by maintaining job security and retaining or expanding the volume of available work. Additional information, including a copy of the application, may be obtained from Student Transportation’s representative. On the basis of the application, the Board finds that the proposed acquisition of control is consistent with the public interest and should be tentatively approved and authorized. If any opposing comments are timely filed, this finding will be deemed vacated, and, unless a final decision can be made on the record as developed, a procedural schedule will be adopted to reconsider the application. See 49 CFR 1182.6(c). If no opposing comments are filed by the expiration of the comment period, this notice will take effect automatically and will be the final Board action. The party’s application and Board decisions and notices are available on our Web site at http://www.stb.dot.gov. This decision will not significantly affect either the quality of the human environment or the conservation of energy resources. It is ordered: 1. The proposed finance transaction is approved and authorized, subject to the filing of opposing comments. 2. If opposing comments are timely filed, the findings made in this notice will be deemed as having been vacated. 3. This notice will be effective January 27, 2012, unless opposing comments are timely filed. 4. A copy of this decision will be served on: (1) U.S. Department of Transportation, Federal Motor Carrier Safety Administration, 1200 New Jersey Avenue SE., Washington, DC 20590; (2) the U.S. Department of Justice, Antitrust Division, 10th Street & Pennsylvania Avenue NW., Washington, DC 20530; and (3) the U.S. Department of Transportation, Office of the General Counsel, 1200 New Jersey Avenue SE., Washington, DC 20590. Decided: December 8, 2011. PO 00000 Frm 00124 Fmt 4703 Sfmt 4703 77889 By the Board, Chairman Elliott, Vice Chairman Begeman, and Commissioner Mulvey. Jeffrey Herzig, Clearance Clerk. [FR Doc. 2011–32057 Filed 12–13–11; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35575] Watco Holdings, Inc.—Continuance in Control Exemption—Swan Ranch Railroad, L.L.C. Watco Holdings, Inc. (Watco) has filed a verified notice of exemption pursuant to 49 CFR 1180.2(d)(2) to continue in control of Swan Ranch Railroad, L.L.C. (SRR), upon SRR’s becoming a Class III rail carrier.1 This transaction is related to a concurrently filed verified notice of exemption in Docket No. FD 35574, Swan Ranch Railroad, L.L.C.— Operation Exemption–Swan Industrial Park, wherein SRR seeks Board approval to operate 17,192 feet of track located within the Swan Industrial Park, in Cheyenne, Wyo., including Track Numbers 101, 105, and 109. Watco intends to consummate the transaction on or shortly after December 28, 2011 (the effective date of this notice). Watco currently controls 23 Class III rail carriers: Southern Kansas and Oklahoma Railroad, Inc.; Palouse River & Coulee City Railroad, L.L.C.; Timber Rock Railroad, L.L.C.; Stillwater Central Railroad, L.L.C.; Eastern Idaho Railroad, L.L.C.; Kansas & Oklahoma Railroad, L.L.C.; Pennsylvania Southwestern Railroad, L.L.C.; Great Northwest Railroad, L.L.C.; Kaw River Railroad, L.L.C.; Mission Mountain Railroad, L.L.C.; Mississippi Southern Railroad, L.L.C.; Yellowstone Valley Railroad, L.L.C.; Louisiana Southern Railroad, L.L.C.; Arkansas Southern Railroad, L.L.C.; Alabama Southern Railroad, L.L.C.; Vicksburg Southern Railroad, L.L.C.; Austin Western Railroad, L.L.C.; Baton Rouge Southern Railroad, L.L.C.; Pacific Sun Railroad, L.L.C.; Grand Elk Railroad, Inc.; Alabama Warrior Railway, L.L.C.; Boise Valley Railroad, L.L.C.; and Autauga Northern Railroad, L.L.C. The 23 Class III rail carriers operate rail lines in 18 States. Watco represents that: (1) The rail lines to be operated by SRR do not connect with any other railroads in the 1 Watco owns 100% of the outstanding membership interests of SRR. E:\FR\FM\14DEN1.SGM 14DEN1

Agencies

[Federal Register Volume 76, Number 240 (Wednesday, December 14, 2011)]
[Notices]
[Pages 77888-77889]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-32057]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[Docket No. MC-F 21042]


Student Transportation of America, Inc.--Control--Dairyland 
Buses, Inc.

AGENCY: Surface Transportation Board.

ACTION: Notice Tentatively Approving and Authorizing Finance 
Transaction.

-----------------------------------------------------------------------

SUMMARY: Student Transportation of America, Inc., a motor carrier of 
passengers (Student Transportation), has filed an application under 49 
U.S.C. 14303 for its acquisition of control of Dairyland Buses, Inc., 
also a motor carrier of passengers (Dairyland). The Board is 
tentatively approving and authorizing the transaction, and, if no 
opposing comments are timely filed, this notice will be the final Board 
action. Persons wishing to oppose the application must follow the rules 
under 49 CFR 1182.5 and 1182.8.

DATES: Comments must be filed by January 27, 2012. Student 
Transportation may file a reply by February 10, 2012. If no comments 
are filed by January 27, 2012, this notice shall be effective on that 
date.

ADDRESSES: Send an original and 10 copies of any comments referring to 
Docket No. MC-F 21042 to: Surface Transportation Board, 395 E Street 
SW., Washington, DC 20423-0001. In addition, send one copy of comments 
to Student Transportation's representative: Mark J. Andrews, 
Strasburger & Price, LLP, Suite 640, 1700 K Street NW., Washington, DC 
20006.

FOR FURTHER INFORMATION CONTACT: Julia M. Farr, (202) 245-0359. Federal 
Information Relay Service (FIRS) for the hearing impaired: 1-(800) 877-
8339.

SUPPLEMENTARY INFORMATION: Student Transportation is a publicly held 
corporation established under the laws of New Jersey. It holds 
authority from the Federal Motor Carrier Safety Administration (FMCSA) 
as a motor carrier providing interstate charter

[[Page 77889]]

passenger services to the public (MC-31422). Dairyland, a corporation 
established under Wisconsin law, also holds a FMCSA license (MC-170747) 
and is owned by Coach USA, Inc., a Delaware corporation and noncarrier. 
The core business of both Student Transportation and Dairyland is 
transporting students to and from school, a type of transportation not 
subject to Board jurisdiction. See 49 U.S.C. 13506(a)(1). According to 
the application, approximately 97 percent of Student Transportation's 
revenue is derived from school bus services exempt from FMCSA licensing 
jurisdiction; the remaining 3 percent is derived from incidental 
charter operations that do require FMCSA authority if they are 
interstate in nature. Similarly, the application indicates that 
Dairyland derives the vast majority of its revenue from exempt school 
bus transportation, with the remainder involving incidental charter 
operations. The application states that FMCSA-regulated charter and 
special operations have accounted for an insignificant percentage of 
Student Transportation's and Dairyland's total revenues.
    Under the proposed transaction, Student Transportation seeks 
permission to acquire all of the shares of Dairyland. According to the 
application, the shares of Dairyland were anticipated to be transferred 
on or about November 14, 2011, from their current owner, Coach USA, 
Inc., into an independent voting trust established under 49 CFR pt 
1013--Guidelines for the Proper Use of Voting Trusts, where they would 
remain until the proposed transaction is dismissed by Student 
Transportation or disapproved by the Board, or until Board approval is 
final and effective.
    Under 49 U.S.C. 14303(b), the Board must approve and authorize a 
transaction it finds 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. 
Student Transportation has submitted information, as required by 49 CFR 
1182.2, including the information to demonstrate that the proposed 
transaction is consistent with the public interest under 49 U.S.C. 
14303(b), and a statement that the 12-month aggregate gross operating 
revenues of Student Transportation and Dairyland exceeded $2 million.
    Student Transportation states that the proposed transaction will 
have no significant impact on the adequacy of transportation services 
available to the public because Student Transportation has no intention 
of substantially changing the physical operations historically 
conducted by Dairyland. With respect to fixed charges, Student 
Transportation states that the proposed transaction will reduce not 
only interest costs but also a variety of other overhead and variable 
costs that Dairyland might otherwise bear. According to Student 
Transportation, the transaction will have a positive impact on employee 
interests, as the economies and efficiencies resulting from the 
proposed transaction, will directly benefit Dairyland's employees by 
maintaining job security and retaining or expanding the volume of 
available work. Additional information, including a copy of the 
application, may be obtained from Student Transportation's 
representative.
    On the basis of the application, the Board finds that the proposed 
acquisition of control is consistent with the public interest and 
should be tentatively approved and authorized. If any opposing comments 
are timely filed, this finding will be deemed vacated, and, unless a 
final decision can be made on the record as developed, a procedural 
schedule will be adopted to reconsider the application. See 49 CFR 
1182.6(c). If no opposing comments are filed by the expiration of the 
comment period, this notice will take effect automatically and will be 
the final Board action.
    The party's application and Board decisions and notices are 
available on our Web site at http://www.stb.dot.gov.
    This decision will not significantly affect either the quality of 
the human environment or the conservation of energy resources.
    It is ordered:
    1. The proposed finance transaction is approved and authorized, 
subject to the filing of opposing comments.
    2. If opposing comments are timely filed, the findings made in this 
notice will be deemed as having been vacated.
    3. This notice will be effective January 27, 2012, unless opposing 
comments are timely filed.
    4. A copy of this decision will be served on: (1) U.S. Department 
of Transportation, Federal Motor Carrier Safety Administration, 1200 
New Jersey Avenue SE., Washington, DC 20590; (2) the U.S. Department of 
Justice, Antitrust Division, 10th Street & Pennsylvania Avenue NW., 
Washington, DC 20530; and (3) the U.S. Department of Transportation, 
Office of the General Counsel, 1200 New Jersey Avenue SE., Washington, 
DC 20590.

    Decided: December 8, 2011.

    By the Board, Chairman Elliott, Vice Chairman Begeman, and 
Commissioner Mulvey.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2011-32057 Filed 12-13-11; 8:45 am]
BILLING CODE 4915-01-P