[Federal Register Volume 62, Number 152 (Thursday, August 7, 1997)]
[Notices]
[Page 42625]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-20843]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 27590 (Sub-No.2)]


TTX Company, et al.--Application for Approval of the Pooling of 
Car Service With Respect to Flat Cars

AGENCY: Surface Transportation Board, DOT.

ACTION: Decision.

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SUMMARY: In this proceeding, the Interstate Commerce Commission (ICC) 
provided for the monitoring of TTX Company (TTX) during the 10-year 
term of its pooling extension. The Board reopened this proceeding to 
take comments from interested parties on whether any of TTX's 
activities require any action or particular oversight on the Board's 
part at this time. No comments were filed, and the Board is taking no 
further action at this time.

EFFECTIVE DATE: This decision will be effective on its date of service.

FOR FURTHER INFORMATION CONTACT: Melvin F. Clemens, Jr., (202) 565-
1573. [TDD for the hearing impaired: (202) 565-1695.

SUPPLEMENTARY INFORMATION: In a 1994 decision approving a 10-year 
extension of TTX's pooling authority,1 the ICC required its 
Office of Compliance and Enforcement (OCE) to monitor TTX's operations 
and to report on any problems at the end of the third and seventh 
years. Pursuant to the ICC Termination Act of 1995, Pub. L. No. 104-88, 
109 Stat. 803 (1995) (ICCTA), effective January 1, 1996, the ICC was 
abolished; a number of its functions were eliminated; and its remaining 
rail and certain non-rail functions were transferred to the Surface 
Transportation Board (Board), newly established under the ICCTA.
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    \1\ This pooling authority was approved in Finance Docket No. 
27590 (Sub-No.2), TTX Company, et.al.-- Application For Approval of 
the Pooling of Car Service With Respect to Flat Cars, served August 
31, 1994.
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    Because the authority over TTX's pooling arrangement was 
transferred to the Board under the ICCTA, the Board is now responsible 
for monitoring TTX's activities. To carry out that responsibility, on 
March 7, 1997, the Board requested comments on whether any of TTX's 
activities require any action or particular oversight on the Board's 
part at this time. No comments were filed by any party wishing to 
express a concern about TTX's activities. Therefore, the Board does not 
believe that any further monitoring action is necessary or appropriate 
at this time.

Environment

    This action will not significantly affect either the quality of the 
human environment or the conservation of energy resources.
    It is ordered:
    1. No further action by the Board to monitor TTX's activities is 
required at this time.
    2. This decision is being served on all parties appearing on the 
service list in Finance Docket No. 27590 (Sub-No.2).
    3. This decision is effective on the service date.

    Decided: July 29, 1997.

    By the Board, Chairman Morgan and Vice Chairman Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 97-20843 Filed 8-6-97; 8:45 am]
BILLING CODE 4915-00-P