[Federal Register Volume 71, Number 111 (Friday, June 9, 2006)]
[Notices]
[Page 33507]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-8942]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Docket No. MC-F-21017]


Grupo Senda Autotransporte, S.A. de C.V. & Turimex del Norte, 
S.A. de C.V.--Acquisition of Control-Coach Investments LLC

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice Tentatively Approving Finance Transaction.

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SUMMARY: Grupo Senda Autotransporte, S.A. de C.V. (Grupo Senda), and 
Turimex del Norte, S.A. de C.V. (TDN) (collectively, Applicants), have 
filed an application under 49 U.S.C. 14303 to acquire control of Coach 
Investments LLC (Coach), by acquiring substantially all of the 
outstanding stock of Coach from David Rodriguez Benitez, Jaime Protasio 
Rodriguez Benitez, Alberto Rodriguez Benitez, and Maria Elena Rodriguez 
Benitez (collectively, Rodriguez Siblings). Coach currently controls 
Turimex LLC (Turimex), a federally regulated motor carrier of 
passengers. Persons wishing to oppose this application must follow the 
rules at 49 CFR 1182.5 and 1182.8. The Board has tentatively approved 
the transaction, and, if no opposing comments are timely filed, this 
notice will be the final Board action.

DATES: Comments must be filed by July 24, 2006. Applicants may file a 
reply by August 8, 2006. If no comments are filed by July 24, 2006, 
this notice is effective on that date.

ADDRESSES: Send and original and 10 copies of any comments referring to 
STB Docket No. MC-F-21017 to: Surface Transportation Board, 1925 K 
Street, NW., Washington, DC 20423-0001. In addition, send one copy of 
comments to the Applicants' representatives: Don H. Hainbach and Erin 
M. Tallardy, Garofalo Goerlich Hainbach PC, 1200 New Hampshire Ave., 
NW., Washington, DC 20036.

FOR FURTHER INFORMATION CONTACT: Eric S. Davis, (202) 565-1608 [Federal 
Information Relay Service (FIRS) for the hearing impaired: 1-800-877-
8339].

SUPPLEMENTARY INFORMATION: TDN is a variable capital corporation, with 
its principal place of business in Mexico, where it provides scheduled 
passenger transportation. Grupo Senda, a noncarrier holding company 
located in Mexico, is the majority owner (98%) of TDN.\1\ Grupo Senda 
owns Transportes Tamaulipas, S.A. de C.V. (TT), a motor carrier that 
operates primarily in Mexico, but also holds federally issued authority 
under MC-700041. TT is the majority owner (51%) of Autobuses 
Coahuilenses, S.A. de C.V., a motor carrier that operates primarily in 
Mexico, but also holds federally issued authority under MC-434199. The 
carriers involved in the transaction satisfy the jurisdictional 
threshold of having gross operating revenues in excess of $2 million 
during a recent 12-month period.
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    \1\ Grupo Senda is owned by the Rodriguez Siblings, Jaime 
Rodriguez Silva, and Maria Elena Benitez de Rodriguez.
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    Coach, a noncarrier, is equally owned by the Rodriguez Siblings. 
Coach, in turn, owns 100% of the shares of Turimex.
    Under 49 U.S.C. 14303(b), the Board must approve and authorize a 
transaction found to be 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.
    Grupo Senda and TDN have 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). Applicants state that the proposed transaction will have no 
impact on the adequacy of transportation services available to the 
public, that the proposed transaction will not have an adverse effect 
on total fixed charges, and that the interests of employees of TDN will 
not be adversely impacted. Additional information, including a copy of 
the application, may be obtained from the Applicants' representatives.
    On the basis of the application, we find that the proposed 
acquisition of control is consistent with the public interest and 
should be 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.
    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 timely opposing comments are filed, the findings made in this 
notice will be deemed as having been vacated.
    3. This notice will be effective July 24, 2006, unless timely 
opposing comments are filed.
    4. A copy of this notice will be served on: (1) The U.S. Department 
of Transportation, Federal Motor Carrier Safety Administration, 400 7th 
Street, SW., Room 8214, 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, 400 7th Street, SW., Washington, DC 
20590.

    Decided: June 2, 2006.

    By the Board, Chairman Buttrey and Vice Chairman Mulvey.
Vernon A. Williams,
Secretary.
 [FR Doc. E6-8942 Filed 6-8-06; 8:45 am]
BILLING CODE 4915-01-P