[Federal Register Volume 65, Number 120 (Wednesday, June 21, 2000)]
[Notices]
[Page 38557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-15774]


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FEDERAL MARITIME COMMISSION

[Ocean Transportation Intermediary License No. 1929-R]


Perez International Forwarders, Inc.; Order of Revocation

    Section 19c of the Shipping Act of 1984 provides that the Federal 
Maritime Commission (``Commission'') may revoke an ocean transportation 
intermediary's (``OTI'') license for failure to maintain a valid bond, 
proof of insurance, or other surety in accordance with subsection 
(b)(1) of said section. The Commission's regulations, in 46 CFR 515.26, 
financial responsibility is maintained on file with the Commission. 
Upon receipt of notice of termination of such financial responsibility 
the Commission shall notify the licensee, that the Commission shall, 
without hearing or other proceeding, revoke the license as of the 
termination date, unless the licensee shall have submitted valid 
replacement proof of financial responsibility before such termination 
date.
    The bond issued in favor of Perez International Forwarders, Inc., 
was cancelled effective April 14, 2000. The Commission notified 
licensee that its OTI ocean freight forwarder license would be revoked 
unless the Commission received valid proof of financial responsibility 
with an effective date on or before April 14, 2000. The licensee has 
failed to furnish valid proof of financial responsibility.
    Therefore, by virtue of the authority vested in me by the 
Commission as set forth in 46 CFR 501.27(g) (1999);
    Notice is Hereby Given, that OTI ocean freight forwarder license 
No. 1929-R issued to Perez International Forwarders, Inc. is hereby 
revoked effective April 14, 2000.
    It is Ordered, that OTI license No. 1929-R be returned to the 
Commission for cancellation.
    It is Further Ordered, that a notice of this action be published in 
the Federal Register and that a copy of this Order be served upon Perez 
International Forwarders, Inc.

Sandra L. Kusumoto,
Director, Bureau of Consumer Complaints and Licensing.
[FR Doc. 00-15774 Filed 6-20-00; 8:45 am]
BILLING CODE 6730-01-M