[Federal Register Volume 77, Number 250 (Monday, December 31, 2012)]
[Notices]
[Page 77184]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-31414]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Docket No. MCF 21051] \1\


Hotard Coaches, Inc. and Calco Travel, Inc.--Corporate Family 
Transaction

    Hotard Coaches, Inc. (Hotard), a carrier, and Calco Travel, Inc. 
(Calco), a carrier, both wholly owned subsidiaries of All Aboard 
America! Holdings, Inc. (AHI), a noncarrier, have filed a verified 
notice of exemption under the Board's class exemption procedure at 49 
CFR 1182.9.\2\ The exempt transaction involves the merger of Calco with 
and into Hotard, with Hotard being the only surviving corporation. 
Calco and Hotard are jointly managed with existing operations in 
Louisiana and Mississippi.\3\
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    \1\ Originally filed under Docket No. FD 35693, this notice has 
been redocketed as Docket No. MCF 21051.
    \2\ The Board exempted intra-corporate family transactions of 
motor carriers of passengers that do not result in significant 
operational changes, adverse changes in service levels, or a change 
in the competitive balance with carriers outside the corporate 
family in Class Exemption for Motor Passenger Intra-Corporate Family 
Transactions, FD 33285 (STB served Feb. 18, 2000).
    \3\ AHI, Celerity AHI Holdings SPV, LLC, and Celerity Partners 
IV, LLC received tentative authorization from the Board to acquire 
control of Calco, Hotard, and Industrial Bus Lines, Inc. in Celerity 
Partners IV, LLC--Control--Calco Travel, Inc., MCF 21044 (STB served 
May 11, 2012).
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    The transaction is intended to simplify the corporate structure of 
the corporate family by consolidating all of the assets and liabilities 
of Hotard and Calco into a single surviving entity. Hotard and Calco 
state that the elimination of Calco as a separate corporate entity will 
streamline the corporate structure and management, reduce 
administrative expenses, and improve the overall efficiency of Hotard.
    This is a transaction within a corporate family of the type 
specifically exempted from prior review and approval under 49 CFR 
1182.9. Hotard and Calco state that the transaction will not result in 
any change in service levels, significant operational changes, or any 
change in competitive balance with carriers outside the corporate 
family. Hotard and Calco also state that (1) they will consummate the 
proposed transaction through an Agreement and Plan of Merger approved 
by the Board of Directors of each party in accordance with Louisiana 
law, and (2) the transaction will not have an adverse impact on the 
employees of either party to the subject transaction.
    The transaction is scheduled to be consummated on or after January 
1, 2013.
    If the verified notice contains false or misleading information, 
the Board shall summarily revoke the exemption and require divestiture. 
Petitions to revoke the exemption under 49 U.S.C. 13541(d) may be filed 
at any time. See 49 CFR 1182.9(c).
    An original and 10 copies of all pleadings, referring to Docket No. 
MCF 21051, must be filed with the Surface Transportation Board, 395 E 
Street SW., Washington, DC 20423-0001. In addition, a copy of each 
pleading must be served on Daniel A. Ranson, Gaudry, Ranson, Higgins & 
Gremillion, LLC, 401 Whitney Ave., Suite 500, Gretna, LA 70056.
    Board decisions and notices are available on our Web site at 
WWW.STB.DOT.GOV.

    By the Board.
    Decided: December 26, 2012.
Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2012-31414 Filed 12-28-12; 8:45 am]
BILLING CODE 4915-01-P