AAAHI Acquisition Corporation-Acquisition of Control-All Aboard America! Holdings, Inc., Ace Express Coaches, LLC, All Aboard America! School Transportation, LLC, All Aboard Transit Services, LLC, Hotard Coaches, Inc., Industrial Bus Lines, Inc. d/b/a All Aboard America, and Sureride Charter Inc. d/b/a Sundiego Charter Co., 75181-75183 [2016-26103]
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Federal Register / Vol. 81, No. 209 / Friday, October 28, 2016 / Notices
without notice, except in certain limited
cases.
4. Any DSC imposed on a Series’
Units will comply with the
requirements of subparagraphs (1), (2)
and (3) of rule 6c–10(a) under the Act.
5. Each Series offering Units subject to
a DSC will include in its prospectus the
disclosure required by Form N–1A
relating to deferred sales charges
(modified as appropriate to reflect the
differences between UITs and open-end
management investment companies)
and a schedule setting forth the number
and date of each Installment Payment.
B. Net Worth Requirement
Applicants will comply in all respects
with the requirements of rule 14a–3
under the Act, except that the
Structured Series will not restrict their
portfolio investments to ‘‘eligible trust
securities.’’
For the Commission, by the Division of
Investment Management, under delegated
authority.
Robert W. Errett,
Deputy Secretary.
determined, is in the national interest.
I have ordered that Public Notice of
these Determinations be published in
the Federal Register.
FOR FURTHER INFORMATION CONTACT: For
further information, including an
imported object list, contact the Office
of Public Diplomacy and Public Affairs
in the Office of the Legal Adviser, U.S.
Department of State (telephone: 202–
632–6471; email: section2459@
state.gov). The mailing address is U.S.
Department of State, L/PD, SA–5, Suite
5H03, Washington, DC 20522–0505.
Dated: October 24, 2016.
Mark Taplin,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2016–26095 Filed 10–27–16; 8:45 am]
BILLING CODE 4710–05–P
DEPARTMENT OF STATE
[Public Notice 9776]
Culturally Significant Objects Imported
for Exhibition Determinations:
‘‘Picasso and Rivera: Conversations
Across Time’’ Exhibition
[FR Doc. 2016–26055 Filed 10–27–16; 8:45 am]
BILLING CODE 8011–01–P
Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), E.O. 12047 of March 27, 1978, the
Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, Delegation of Authority
No. 236–3 of August 28, 2000 (and, as
appropriate, Delegation of Authority No.
257 of April 15, 2003), I hereby
determine that the objects to be
included in the exhibition ‘‘Picasso and
Rivera: Conversations Across Time,’’
imported from abroad for temporary
exhibition within the United States, are
of cultural significance. The objects are
imported pursuant to loan agreements
with the foreign owners or custodians.
I also determine that the exhibition or
display of the exhibit objects at the Los
Angeles County Museum of Art, Los
Angeles, California, from on or about
December 4, 2016, until on or about
April 30, 2017, and at possible
additional exhibitions or venues yet to
be determined, is in the national
interest. I have ordered that Public
Notice of these Determinations be
published in the Federal Register.
FOR FURTHER INFORMATION CONTACT: For
further information, including a list of
the imported objects, contact the Office
of Public Diplomacy and Public Affairs
in the Office of the Legal Adviser, U.S.
SUMMARY:
DEPARTMENT OF STATE
[Public Notice: 9775]
Culturally Significant Object Imported
for Exhibition Determinations:
‘‘Archaic Bronze Globular Jug With
Figured Handle’’ Exhibition
Notice is hereby given of the
following determinations: Pursuant to
the authority vested in me by the Act of
October 19, 1965 (79 Stat. 985; 22 U.S.C.
2459), E.O. 12047 of March 27, 1978, the
Foreign Affairs Reform and
Restructuring Act of 1998 (112 Stat.
2681, et seq.; 22 U.S.C. 6501 note, et
seq.), Delegation of Authority No. 234 of
October 1, 1999, Delegation of Authority
No. 236–3 of August 28, 2000 (and, as
appropriate, Delegation of Authority No.
257 of April 15, 2003), I hereby
determine that the object to be included
in the exhibition ‘‘Archaic Bronze
Globular Jug with Figured Handle,’’
imported from abroad for temporary
exhibition within the United States, is
of cultural significance. The object is
imported pursuant to a loan agreement
with the foreign owner or custodian. I
also determine that the exhibition or
display of the exhibit object at The
Metropolitan Museum of Art, New York,
New York, from on or about December
1, 2016, until on or about November 30,
2025, and at possible additional
exhibitions or venues yet to be
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SUMMARY:
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75181
Department of State (telephone: 202–
632–6471; email: section2459@
state.gov). The mailing address is U.S.
Department of State, L/PD, SA–5, Suite
5H03, Washington, DC 20522–0505.
Dated: October 24, 2016.
Mark Taplin,
Principal Deputy Assistant Secretary, Bureau
of Educational and Cultural Affairs,
Department of State.
[FR Doc. 2016–26097 Filed 10–27–16; 8:45 am]
BILLING CODE 4710–05–P
SURFACE TRANSPORTATION BOARD
[Docket No. MCF 21071]
AAAHI Acquisition Corporation—
Acquisition of Control—All Aboard
America! Holdings, Inc., Ace Express
Coaches, LLC, All Aboard America!
School Transportation, LLC, All
Aboard Transit Services, LLC, Hotard
Coaches, Inc., Industrial Bus Lines,
Inc. d/b/a All Aboard America, and
Sureride Charter Inc. d/b/a Sundiego
Charter Co.
Surface Transportation Board.
Notice tentatively approving
and authorizing finance transaction.
AGENCY:
ACTION:
On September 29, 2016,
AAAHI Acquisition Corporation (AAC),
a noncarrier, filed an application under
49 U.S.C. 14303 for AAC to acquire All
Aboard America! Holdings, Inc.
(AAAHI), a noncarrier holding company
that wholly owns passenger motor
carriers Hotard Coaches, Inc. (Hotard),
Industrial Bus Lines, Inc. d/b/a All
Aboard America (Industrial), Sureride
Charter Inc. d/b/a Sundiego Charter Co.
(Sundiego), Ace Express Coaches, LLC
(Ace Express), All Aboard Transit
Services, LLC (AATS), and All Aboard
America! School Transportation, LLC
(AAAST) (collectively Acquisition
Carriers). 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 at 49 CFR 1182.5 and
1182.8.
DATES: Comments must be filed by
December 12, 2016. The applicant may
file a reply by December 27, 2016. If no
opposing comments are filed by
December 12, 2016, this notice shall be
effective December 13, 2016.
ADDRESSES: Send an original and 10
copies of any comments referring to
Docket No. MCF 21071 to: Surface
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, send one copy of comments to
SUMMARY:
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Federal Register / Vol. 81, No. 209 / Friday, October 28, 2016 / Notices
AAC’s representative: Andrew K. Light,
Scopelitis, Garvin, Light, Hanson, &
Feary, P.C., 10 W. Market Street, Suite
1500, Indianapolis, IN 46204.
FOR FURTHER INFORMATION CONTACT:
Amy Ziehm (202) 245–0391. Federal
Information Relay Service (FIRS) for the
hearing impaired: 1–800–877–8339.
SUPPLEMENTARY INFORMATION: AAC
states that it is a noncarrier Delaware
corporation that is wholly owned by
AAAHI Intermediate Holdings LLC,
which is wholly owned by AAAHI
Topco Corporation, which is in turn
wholly owned by AAAHI Holdings LLC.
According to AAC, the majority owner
of AAAHI Holdings LLC is TensileAAAHI Holdings LLC, and the majority
holder of Tensile-AAAHI Holdings LLC
is Tensile Capital Partners Master Fund
LP. AAC states that Tensile Capital
Partners LP owns 89.6% of Tensile
Capital Partners Master Fund LP. AAC
further states that AAC and the abovenamed entities in its ownership chain
(Ownership Entities) do not possess
motor carrier authority, do not have
USDOT Numbers or Safety Ratings, and
do not have any direct or indirect
ownership interest in any interstate or
intrastate passenger motor carriers.
AAC states that each of the
Acquisition Carriers is a direct wholly
owned subsidiary of AAAHI, and
AAAHI’s plurality shareholder is
Celerity AHI Holdings SPV, LLC
(Celerity Holdings). According to AAC,
Celerity Holdings is a consortium of
corporate and institutional investors
along with Celerity Partners IV, LLC, a
private equity firm that also acts as the
managing member of Celerity Holdings.
AAC states that other capital providers
(including Gemini Investors V, L.P., a
private equity firm) do not participate in
Celerity Holdings but do hold minority
interests in AAAHI directly. None of
AAAHI’s investors currently hold a
controlling interest in any regulated bus
transportation provider other than the
Acquisition Carriers. According to AAC,
the Acquisition Carriers exercise
substantial independence in running
their diverse operations.
AAC provides a description of each of
the Acquisition Carriers, as summarized
below:
• Hotard is a Louisiana corporation
that provides local and regional charter
services within Louisiana and
Mississippi, and to and from various
points in the continental United States.
It holds common carrier operating
authority from the Federal Motor Carrier
Safety Administration (FMCSA) as a
motor carrier of passengers (MC–
143881). Hotard operates a fleet of 240
vehicles, of which 79 are full-sized
VerDate Sep<11>2014
18:12 Oct 27, 2016
Jkt 241001
motor coaches and the remainder are
mid-sized buses, minibuses, and school
buses. The school buses are mainly used
for employee shuttle services under
contract with large employers, operating
interstate between Texas and Louisiana
and intrastate within Louisiana.
• Industrial is a New Mexico
corporation that provides local and
regional charter services in Arizona,
New Mexico, and Texas. Industrial
holds common carrier operating
authority from FMCSA as a motor
carrier of passengers (MC–133171). Its
fleet consists of 80 full-sized motor
coaches and 10 minibuses.
• Sundiego is a California corporation
that operates a fleet of 72 full-sized
motor coaches and 8 minibuses. It holds
common carrier operating authority
from FMCSA as a motor carrier of
passengers (MC–324772). Sundiego
provides local and regional charter,
tour, and contract shuttles services from
its base in National City, Cal., and from
satellite locations in San Marcos and
Anaheim, Cal.
• Ace Express is a Delaware limited
liability company with its principal
place of business in Golden, Colo. Ace
Express operates charter, contract, and
casino services. It holds common carrier
operating authority from FMCSA as a
motor carrier of passengers (MC–
908184). Ace Express provides charter
services with its fleet of 57 motor
coaches and 17 minibuses. Other
services are provided on a contract basis
for corporate and municipal clients.
• AATS is a Delaware limited
liability company with its principal
place of business in Commerce City,
Colo. It provides paratransit services
under a contract with Denver Rapid
Transit District (RTD). AATS operates
80 paratransit vehicles that are provided
by RTD. AATS provides the drivers,
maintenance of vehicles, and
supervision of employees involved in
the paratransit service. AATS does not
conduct interstate passenger operations
and thus does not hold passenger carrier
operating authority from FMCSA. AATS
does not possess Colorado intrastate
passenger carrier authority, as its
operations are exempt from the need for
such authority. See Colo. Rev. Stat. 40–
10.1–105(e) (2011).
• AAAST is a Texas limited liability
company that provides transportation
for school children under contract with
a number of school districts in Texas.
The school districts typically provide
the school buses and AAAST provides
the drivers, maintenance of vehicles,
and supervisions of employees. AAAST
currently operates 72 buses for five
school districts. AAAST does not
conduct interstate passenger operations
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Fmt 4703
Sfmt 4703
and thus does not hold passenger carrier
operating authority from FMCSA.
AAAST does not possess Texas
intrastate passenger carrier authority, as
all of the school bus operations in
which AAAST participates are exempt
from state regulation. See Tex. Transp.
Code Ann. 643.002(4), (6) (West 2007).
AAC explains that under the
proposed transaction, AAC would
acquire the ownership interest of
AAAHI, the effect of which would be to
place the Acquisition Carriers under the
control of AAC. AAC states that it will
assume indirect 100% control of the
Acquisition Carriers.
Under 49 U.S.C. 14303(b), the Board
must approve and authorize a
transaction that it finds consistent with
the public interest, taking into
consideration at least: (1) The effect of
the proposed transaction on the
adequacy of transportation to the public;
(2) the total fixed charges that result;
and (3) the interest of affected carrier
employees. AAC has submitted the
information required by 49 CFR 1182.2,
including 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 gross operating
revenues of AAC and its motor carrier
affiliated companies exceeded $2
million for the preceding 12-month
period. See 49 U.S.C. 14303(g).1
AAC asserts that this acquisition is in
the public interest. AAC states that
services currently provided by the
Acquisition Carriers would continue to
be provided under the same names
currently used to provide such services.
AAC further explains that it anticipates
that services to the public would be
improved, because the Acquisition
Carriers would continue to operate, but
in the future they would operate as part
of the AAC corporate family. Under this
new ownership, AAC states that it
intends to use its business and financial
management skills, as well as its capital,
to increase the efficiencies and enhance
the viability of the Acquisition Carriers,
thereby ensuring the continued
availability of adequate passenger
transportation service for the public.
AAC states that there are no fixed
charges associated with the proposed
transaction or the proposed acquisition
of control. In addition, according to
AAC, the proposed transaction would
have no material impact on employees
or labor conditions, as AAC intends to
continue the existing operations of the
Acquisition Carriers and does not
1 Applicants with gross operating revenues
exceeding $2 million are required to meet the
requirements of 49 CFR 1182.
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Federal Register / Vol. 81, No. 209 / Friday, October 28, 2016 / Notices
anticipate a measurable reduction in
force or changes in compensation levels
or benefits.
AAC also claims that neither
competition nor the public interest
would be adversely affected, as the
proposed transaction involves merely a
transfer of one holding company to
another holding company. AAC states
that, because it does not currently have
any ownership interest in any passenger
motor carrier, there would be no net
gain in market power with respect to the
Acquisition Carriers under the proposed
transaction. Furthermore, AAC states
that the bus operations of the
Acquisition Carriers are geographically
dispersed and there is little or no
overlap in service areas or in customer
base. Thus, AAC states that the impact
of the proposed transaction on the
regulated motor carrier industry would
be minimal and that neither competition
nor the public interest would be
adversely affected.
On the basis of the application, the
Board finds that the proposed
acquisition is consistent with the public
interest and should be tentatively
approved and authorized. If any
opposing comments are timely filed,
these findings 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.
This action is categorically excluded
from environmental review under 49
CFR 1105.6(c).
Board decisions and notices are
available on our Web site at
‘‘WWW.STB.GOV.’’
It is ordered:
1. The proposed 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
December 13, 2016, unless opposing
comments are filed by December 12,
2016.
4. A copy of this notice will be served
on: (1) The 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
VerDate Sep<11>2014
18:12 Oct 27, 2016
Jkt 241001
Counsel, 1200 New Jersey Avenue SE.,
Washington, DC 20590.
Decided: October 25, 2016.
By the Board, Chairman Elliott, Vice
Chairman Miller, and Commissioner
Begeman.
Marline Simeon,
Clearance Clerk.
[FR Doc. 2016–26103 Filed 10–27–16; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
DEPARTMENT OF INTERIOR
National Park Service
List of Units of the National Park
System Exempt From the Provisions of
the National Parks Air Tour
Management Act
Federal Aviation
Administration, Transportation;
National Park Service, Interior.
ACTION: List of exempt parks.
AGENCY:
The National Parks Air Tour
Management Act (NPATMA) requires
the Federal Aviation Administration
(FAA) and National Park Service (NPS)
to develop an air tour management plan
for units of the national park system
where an operator has applied for
authority to conduct commercial air
tours. The FAA Modernization and
Reform Act of 2012 amended various
provisions of NPATMA. One provision
exempted national park units with 50 or
fewer annual flights from the
requirement to prepare an air tour
management plan or voluntary
agreement and requires FAA and NPS to
jointly publish a list of exempt parks. By
Federal Register notice (See 77 FR
75254, December 19, 2012), FAA and
NPS published an initial list of exempt
parks in 2012 and another list in 2014
(See 79 FR 14569–14570, March 14,
2014). This notice provides the annual
updated list of parks that are exempt for
calendar years 2014 and 2015.
FOR FURTHER INFORMATION CONTACT:
Keith Lusk—Mailing address: Federal
Aviation Administration, P.O. Box
92007, Los Angeles, California 90009–
2007. Telephone: (310) 725–3808. Email
address: Keith.Lusk@faa.gov. Vicki
Ward—Mailing address: Natural Sounds
and Night Skies Division, National Park
Service, 1201 Oakridge Drive, Suite
100–31, Fort Collins, CO 80525.
Telephone: (970) 267–2117. Email
address: Vicki_Ward@nps.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
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75183
I. Authority
1. NPATMA (Pub. L. 106–181,
codified at 49 U.S.C. 40128) requires the
FAA and NPS to develop an air tour
management plan for units of the
national park system where an operator
has requested authority to provide
commercial air tours. The FAA
Modernization and Reform Act of 2012
(2012 Act) amended various provisions
of NPATMA.
2. This Federal Register Notice
addresses the following 2012 Act
amendment provisions (which are
codified at 49 U.S.C. 40128(a)(5)):
a. Exempt national park units that
have 50 or fewer commercial air tour
operations each year from the
requirement to prepare an air tour
management plan or voluntary
agreement.
b. Authorize NPS to withdraw the
exemption if the Director determines
that an air tour management plan or
voluntary agreement is necessary to
protect resources and values or visitor
use and enjoyment.
c. Require FAA and NPS to publish a
list each year of national parks covered
by the exemption.
II. List of Exempt Parks 2014
1. This list is based on the number of
commercial air tour operations reported
to the FAA and NPS by air tour
operators conducting air tours under
interim operating authority at national
park units in calendar year 2014 for
which the total operations was 50 or
fewer. Parks on the exempt list are those
that have at least one operator who has
been granted operating authority to
conduct commercial air tours over that
park. Exempt parks are as follows:
Acadia National Park, ME
Big Bend National Park, TX
Black Canyon of the Gunnison National
Park, CO
Capitol Reef National Park, UT
Capulin Volcano National Monument,
NM
Carlsbad Caverns National Park, NM
Casa Grande Ruins National Monument,
AZ
Cedar Breaks National Monument, UT
Colonial National Historical Park, VA
Colorado National Monument, CO
Coronado National Memorial, AZ
Devils Tower National Monument, WY
Dinosaur National Monument, UT/CO
Dry Tortugas National Park, FL
El Malpais National Monument, NM
El Morro National Monument, NM
Fort Bowie National Historic Site, AZ
Fort Davis National Historic Site, TX
Fort Union National Monument, NM
Gila Cliff Dwellings National
Monument, NM
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Agencies
[Federal Register Volume 81, Number 209 (Friday, October 28, 2016)]
[Notices]
[Pages 75181-75183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-26103]
=======================================================================
-----------------------------------------------------------------------
SURFACE TRANSPORTATION BOARD
[Docket No. MCF 21071]
AAAHI Acquisition Corporation--Acquisition of Control--All Aboard
America! Holdings, Inc., Ace Express Coaches, LLC, All Aboard America!
School Transportation, LLC, All Aboard Transit Services, LLC, Hotard
Coaches, Inc., Industrial Bus Lines, Inc. d/b/a All Aboard America, and
Sureride Charter Inc. d/b/a Sundiego Charter Co.
AGENCY: Surface Transportation Board.
ACTION: Notice tentatively approving and authorizing finance
transaction.
-----------------------------------------------------------------------
SUMMARY: On September 29, 2016, AAAHI Acquisition Corporation (AAC), a
noncarrier, filed an application under 49 U.S.C. 14303 for AAC to
acquire All Aboard America! Holdings, Inc. (AAAHI), a noncarrier
holding company that wholly owns passenger motor carriers Hotard
Coaches, Inc. (Hotard), Industrial Bus Lines, Inc. d/b/a All Aboard
America (Industrial), Sureride Charter Inc. d/b/a Sundiego Charter Co.
(Sundiego), Ace Express Coaches, LLC (Ace Express), All Aboard Transit
Services, LLC (AATS), and All Aboard America! School Transportation,
LLC (AAAST) (collectively Acquisition Carriers). 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
at 49 CFR 1182.5 and 1182.8.
DATES: Comments must be filed by December 12, 2016. The applicant may
file a reply by December 27, 2016. If no opposing comments are filed by
December 12, 2016, this notice shall be effective December 13, 2016.
ADDRESSES: Send an original and 10 copies of any comments referring to
Docket No. MCF 21071 to: Surface Transportation Board, 395 E Street
SW., Washington, DC 20423-0001. In addition, send one copy of comments
to
[[Page 75182]]
AAC's representative: Andrew K. Light, Scopelitis, Garvin, Light,
Hanson, & Feary, P.C., 10 W. Market Street, Suite 1500, Indianapolis,
IN 46204.
FOR FURTHER INFORMATION CONTACT: Amy Ziehm (202) 245-0391. Federal
Information Relay Service (FIRS) for the hearing impaired: 1-800-877-
8339.
SUPPLEMENTARY INFORMATION: AAC states that it is a noncarrier Delaware
corporation that is wholly owned by AAAHI Intermediate Holdings LLC,
which is wholly owned by AAAHI Topco Corporation, which is in turn
wholly owned by AAAHI Holdings LLC. According to AAC, the majority
owner of AAAHI Holdings LLC is Tensile-AAAHI Holdings LLC, and the
majority holder of Tensile-AAAHI Holdings LLC is Tensile Capital
Partners Master Fund LP. AAC states that Tensile Capital Partners LP
owns 89.6% of Tensile Capital Partners Master Fund LP. AAC further
states that AAC and the above-named entities in its ownership chain
(Ownership Entities) do not possess motor carrier authority, do not
have USDOT Numbers or Safety Ratings, and do not have any direct or
indirect ownership interest in any interstate or intrastate passenger
motor carriers.
AAC states that each of the Acquisition Carriers is a direct wholly
owned subsidiary of AAAHI, and AAAHI's plurality shareholder is
Celerity AHI Holdings SPV, LLC (Celerity Holdings). According to AAC,
Celerity Holdings is a consortium of corporate and institutional
investors along with Celerity Partners IV, LLC, a private equity firm
that also acts as the managing member of Celerity Holdings. AAC states
that other capital providers (including Gemini Investors V, L.P., a
private equity firm) do not participate in Celerity Holdings but do
hold minority interests in AAAHI directly. None of AAAHI's investors
currently hold a controlling interest in any regulated bus
transportation provider other than the Acquisition Carriers. According
to AAC, the Acquisition Carriers exercise substantial independence in
running their diverse operations.
AAC provides a description of each of the Acquisition Carriers, as
summarized below:
Hotard is a Louisiana corporation that provides local and
regional charter services within Louisiana and Mississippi, and to and
from various points in the continental United States. It holds common
carrier operating authority from the Federal Motor Carrier Safety
Administration (FMCSA) as a motor carrier of passengers (MC-143881).
Hotard operates a fleet of 240 vehicles, of which 79 are full-sized
motor coaches and the remainder are mid-sized buses, minibuses, and
school buses. The school buses are mainly used for employee shuttle
services under contract with large employers, operating interstate
between Texas and Louisiana and intrastate within Louisiana.
Industrial is a New Mexico corporation that provides local
and regional charter services in Arizona, New Mexico, and Texas.
Industrial holds common carrier operating authority from FMCSA as a
motor carrier of passengers (MC-133171). Its fleet consists of 80 full-
sized motor coaches and 10 minibuses.
Sundiego is a California corporation that operates a fleet
of 72 full-sized motor coaches and 8 minibuses. It holds common carrier
operating authority from FMCSA as a motor carrier of passengers (MC-
324772). Sundiego provides local and regional charter, tour, and
contract shuttles services from its base in National City, Cal., and
from satellite locations in San Marcos and Anaheim, Cal.
Ace Express is a Delaware limited liability company with
its principal place of business in Golden, Colo. Ace Express operates
charter, contract, and casino services. It holds common carrier
operating authority from FMCSA as a motor carrier of passengers (MC-
908184). Ace Express provides charter services with its fleet of 57
motor coaches and 17 minibuses. Other services are provided on a
contract basis for corporate and municipal clients.
AATS is a Delaware limited liability company with its
principal place of business in Commerce City, Colo. It provides
paratransit services under a contract with Denver Rapid Transit
District (RTD). AATS operates 80 paratransit vehicles that are provided
by RTD. AATS provides the drivers, maintenance of vehicles, and
supervision of employees involved in the paratransit service. AATS does
not conduct interstate passenger operations and thus does not hold
passenger carrier operating authority from FMCSA. AATS does not possess
Colorado intrastate passenger carrier authority, as its operations are
exempt from the need for such authority. See Colo. Rev. Stat. 40-10.1-
105(e) (2011).
AAAST is a Texas limited liability company that provides
transportation for school children under contract with a number of
school districts in Texas. The school districts typically provide the
school buses and AAAST provides the drivers, maintenance of vehicles,
and supervisions of employees. AAAST currently operates 72 buses for
five school districts. AAAST does not conduct interstate passenger
operations and thus does not hold passenger carrier operating authority
from FMCSA. AAAST does not possess Texas intrastate passenger carrier
authority, as all of the school bus operations in which AAAST
participates are exempt from state regulation. See Tex. Transp. Code
Ann. 643.002(4), (6) (West 2007).
AAC explains that under the proposed transaction, AAC would acquire
the ownership interest of AAAHI, the effect of which would be to place
the Acquisition Carriers under the control of AAC. AAC states that it
will assume indirect 100% control of the Acquisition Carriers.
Under 49 U.S.C. 14303(b), the Board must approve and authorize a
transaction that it finds consistent with the public interest, taking
into consideration at least: (1) The effect of the proposed transaction
on the adequacy of transportation to the public; (2) the total fixed
charges that result; and (3) the interest of affected carrier
employees. AAC has submitted the information required by 49 CFR 1182.2,
including 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 gross operating revenues of AAC and its motor
carrier affiliated companies exceeded $2 million for the preceding 12-
month period. See 49 U.S.C. 14303(g).\1\
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\1\ Applicants with gross operating revenues exceeding $2
million are required to meet the requirements of 49 CFR 1182.
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AAC asserts that this acquisition is in the public interest. AAC
states that services currently provided by the Acquisition Carriers
would continue to be provided under the same names currently used to
provide such services. AAC further explains that it anticipates that
services to the public would be improved, because the Acquisition
Carriers would continue to operate, but in the future they would
operate as part of the AAC corporate family. Under this new ownership,
AAC states that it intends to use its business and financial management
skills, as well as its capital, to increase the efficiencies and
enhance the viability of the Acquisition Carriers, thereby ensuring the
continued availability of adequate passenger transportation service for
the public.
AAC states that there are no fixed charges associated with the
proposed transaction or the proposed acquisition of control. In
addition, according to AAC, the proposed transaction would have no
material impact on employees or labor conditions, as AAC intends to
continue the existing operations of the Acquisition Carriers and does
not
[[Page 75183]]
anticipate a measurable reduction in force or changes in compensation
levels or benefits.
AAC also claims that neither competition nor the public interest
would be adversely affected, as the proposed transaction involves
merely a transfer of one holding company to another holding company.
AAC states that, because it does not currently have any ownership
interest in any passenger motor carrier, there would be no net gain in
market power with respect to the Acquisition Carriers under the
proposed transaction. Furthermore, AAC states that the bus operations
of the Acquisition Carriers are geographically dispersed and there is
little or no overlap in service areas or in customer base. Thus, AAC
states that the impact of the proposed transaction on the regulated
motor carrier industry would be minimal and that neither competition
nor the public interest would be adversely affected.
On the basis of the application, the Board finds that the proposed
acquisition is consistent with the public interest and should be
tentatively approved and authorized. If any opposing comments are
timely filed, these findings 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.
This action is categorically excluded from environmental review
under 49 CFR 1105.6(c).
Board decisions and notices are available on our Web site at
``WWW.STB.GOV.''
It is ordered:
1. The proposed 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 December 13, 2016, unless opposing
comments are filed by December 12, 2016.
4. A copy of this notice will be served on: (1) The 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: October 25, 2016.
By the Board, Chairman Elliott, Vice Chairman Miller, and
Commissioner Begeman.
Marline Simeon,
Clearance Clerk.
[FR Doc. 2016-26103 Filed 10-27-16; 8:45 am]
BILLING CODE 4915-01-P