81_FR_9233 81 FR 9197 - KSB Shipping & Logistics LLC v. Direct Container Line aka Vanguard Logistics; Notice of Filing of Complaint and Assignment

81 FR 9197 - KSB Shipping & Logistics LLC v. Direct Container Line aka Vanguard Logistics; Notice of Filing of Complaint and Assignment

FEDERAL MARITIME COMMISSION

Federal Register Volume 81, Issue 36 (February 24, 2016)

Page Range9197-9197
FR Document2016-03916

Federal Register, Volume 81 Issue 36 (Wednesday, February 24, 2016)
[Federal Register Volume 81, Number 36 (Wednesday, February 24, 2016)]
[Notices]
[Page 9197]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03916]


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FEDERAL MARITIME COMMISSION

[Docket No. 16-03]


KSB Shipping & Logistics LLC v. Direct Container Line aka 
Vanguard Logistics; Notice of Filing of Complaint and Assignment

    Notice is given that a complaint has been filed with the Federal 
Maritime Commission (Commission) by KSB Shipping & Logistics LLC, 
hereinafter ``Complainant,'' against Direct Container Line aka Vanguard 
Logistics, hereinafter ``Respondent.'' Complainant states that it is a 
non-vessel-operating common carrier (NVOCC) and freight forwarder 
licensed by the Commission and a New Jersey corporation. Complainant 
alleges that Respondent is an NVOCC licensed by the Commission.
    Complainant alleges that Respondent has violated section 10(d)(1) 
of the Shipping Act, 46 U.S.C. 41102(c), in connection with a shipment 
made as agents for shippers Risona Incorporated and Bracha Export Corp 
DBA Continental, and consolidator R&A International Logistics 
Incorporated. Complainant alleges that ``Cargo Partner Austria who were 
the agents of Vanguard Logistics in Europe released the delivery order 
to the consignees broker Cargo Clearing GMBH Austria without the latter 
presenting the Original Bill of lading and also despite the fact that 
the shipment was on hold status and despite the fact that Vanguard 
Logistics representative had given the assurance in writing to us that 
the shipment will be on hold.'' Complainant seeks reparations of 
$191,110 plus interest and attorney's fees.
    The full text of the complaint can be found in the Commission's 
Electronic Reading Room at www.fmc.gov/16-03.
    This proceeding has been assigned to the Office of Administrative 
Law Judges. The initial decision of the presiding officer in this 
proceeding shall be issued by February 13, 2017, and the final decision 
of the Commission shall be issued by August 18, 2017.

Karen V. Gregory,
Secretary.
[FR Doc. 2016-03916 Filed 2-23-16; 8:45 am]
 BILLING CODE 6731-AA-P



                                                                            Federal Register / Vol. 81, No. 36 / Wednesday, February 24, 2016 / Notices                                                  9197

                                                  percentage increase in the CPI–U from                   broker Cargo Clearing GMBH Austria                      Dated: February 19, 2016.
                                                  November of the year prior to the                       without the latter presenting the                     Karen V. Gregory,
                                                  preceding calendar year to November of                  Original Bill of lading and also despite              Secretary.
                                                  the preceding calendar year, because the                the fact that the shipment was on hold                [FR Doc. 2016–03915 Filed 2–23–16; 8:45 am]
                                                  November figures represent the most                     status and despite the fact that                      BILLING CODE 6731–AA–P
                                                  recent available data as of January 1st of              Vanguard Logistics representative had
                                                  the current calendar year.                              given the assurance in writing to us that
                                                    In calculating the CFI asset cap, FHFA                the shipment will be on hold.’’                       FEDERAL RESERVE SYSTEM
                                                  uses CPI–U data that have not been                      Complainant seeks reparations of
                                                  seasonally adjusted (i.e., the data have                $191,110 plus interest and attorney’s                 Formations of, Acquisitions by, and
                                                  not been adjusted to remove the                         fees.                                                 Mergers of Bank Holding Companies
                                                  estimated effect of price changes that
                                                                                                             The full text of the complaint can be                The companies listed in this notice
                                                  normally occur at the same time and in
                                                                                                          found in the Commission’s Electronic                  have applied to the Board for approval,
                                                  about the same magnitude every year).
                                                                                                          Reading Room at www.fmc.gov/16-03.                    pursuant to the Bank Holding Company
                                                  The DOL encourages use of unadjusted
                                                  CPI–U data in applying ‘‘escalation’’                      This proceeding has been assigned to               Act of 1956 (12 U.S.C. 1841 et seq.)
                                                  provisions such as that governing the                   the Office of Administrative Law Judges.              (BHC Act), Regulation Y (12 CFR part
                                                  CFI asset cap, because the factors that                 The initial decision of the presiding                 225), and all other applicable statutes
                                                  are used to seasonally adjust the data                  officer in this proceeding shall be issued            and regulations to become a bank
                                                  are amended annually, and seasonally                    by February 13, 2017, and the final                   holding company and/or to acquire the
                                                  adjusted data that are published earlier                decision of the Commission shall be                   assets or the ownership of, control of, or
                                                  are subject to revision for up to five                  issued by August 18, 2017.                            the power to vote shares of a bank or
                                                  years following their original release.                                                                       bank holding company and all of the
                                                                                                          Karen V. Gregory,
                                                  Unadjusted data are not routinely                                                                             banks and nonbanking companies
                                                                                                          Secretary.                                            owned by the bank holding company,
                                                  subject to revision, and previously
                                                                                                          [FR Doc. 2016–03916 Filed 2–23–16; 8:45 am]           including the companies listed below.
                                                  published unadjusted data are only
                                                  corrected when significant calculation                  BILLING CODE 6731–AA–P                                  The applications listed below, as well
                                                  errors are discovered.                                                                                        as other related filings required by the
                                                                                                                                                                Board, are available for immediate
                                                    Dated: February 18, 2016.                             FEDERAL MARITIME COMMISSION                           inspection at the Federal Reserve Bank
                                                  Melvin L. Watt,                                                                                               indicated. The applications will also be
                                                  Director, Federal Housing Finance Agency.               Notice of Agreement Filed                             available for inspection at the offices of
                                                  [FR Doc. 2016–03872 Filed 2–23–16; 8:45 am]                                                                   the Board of Governors. Interested
                                                  BILLING CODE 8070–01–P                                     The Commission hereby gives notice                 persons may express their views in
                                                                                                          of the filing of the following agreement              writing on the standards enumerated in
                                                                                                          under the Shipping Act of 1984.                       the BHC Act (12 U.S.C. 1842(c)). If the
                                                  FEDERAL MARITIME COMMISSION                             Interested parties may submit comments                proposal also involves the acquisition of
                                                                                                          on the agreement to the Secretary,                    a nonbanking company, the review also
                                                  [Docket No. 16–03]                                      Federal Maritime Commission,                          includes whether the acquisition of the
                                                                                                          Washington, DC 20573, within twelve                   nonbanking company complies with the
                                                  KSB Shipping & Logistics LLC v.
                                                                                                          days of the date this notice appears in               standards in section 4 of the BHC Act
                                                  Direct Container Line aka Vanguard
                                                                                                          the Federal Register. A copy of the                   (12 U.S.C. 1843). Unless otherwise
                                                  Logistics; Notice of Filing of Complaint
                                                                                                          agreement is available through the                    noted, nonbanking activities will be
                                                  and Assignment
                                                                                                          Commission’s Web site (www.fmc.gov)                   conducted throughout the United States.
                                                     Notice is given that a complaint has                 or by contacting the Office of                          Unless otherwise noted, comments
                                                  been filed with the Federal Maritime                    Agreements at (202)-523–5793 or                       regarding each of these applications
                                                  Commission (Commission) by KSB                          tradeanalysis@fmc.gov.                                must be received at the Reserve Bank
                                                  Shipping & Logistics LLC, hereinafter                      Agreement No.: 012367–001.                         indicated or the offices of the Board of
                                                  ‘‘Complainant,’’ against Direct Container                                                                     Governors not later than March 21,
                                                  Line aka Vanguard Logistics, hereinafter                   Title: MSC/Maersk Line Trans-
                                                                                                          Atlantic Space Charter Agreement.                     2016.
                                                  ‘‘Respondent.’’ Complainant states that                                                                         A. Federal Reserve Bank of Atlanta
                                                  it is a non-vessel-operating common                        Parties: Maersk Line A/S and MSC                   (Chapelle Davis, Assistant Vice
                                                  carrier (NVOCC) and freight forwarder                   Mediterranean Shipping Company S.A.                   President) 1000 Peachtree Street NE.,
                                                  licensed by the Commission and a New                       Filing Party: Wayne R. Rohde, Esq.;                Atlanta, Georgia 30309. Comments can
                                                  Jersey corporation. Complainant alleges                 Cozen O’Conner; 1200 19th Street NW.;                 also be sent electronically to
                                                  that Respondent is an NVOCC licensed                    Washington, DC 20036.                                 Applications.Comments@atl.frb.org:
                                                  by the Commission.                                                                                              1. Professional Holding Corp., Coral
                                                     Complainant alleges that Respondent                     Synopsis: The amendment adds the
                                                                                                                                                                Gables, Florida; to acquire 100 percent
                                                  has violated section 10(d)(1) of the                    trade from the Port of New York/New
                                                                                                                                                                of the voting shares of FirstCity Bank of
                                                  Shipping Act, 46 U.S.C. 41102(c), in                    Jersey to the Bahamas to the scope of the
                                                                                                                                                                Commerce, Palm Beach Gardens,
                                                  connection with a shipment made as                      agreement, and provides for the
                                                                                                                                                                Florida.
                                                                                                          chartering of space for the movement of
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  agents for shippers Risona Incorporated                                                                         B. Federal Reserve Bank of St. Louis
                                                  and Bracha Export Corp DBA                              empty containers in that sub-trade. The               (David L. Hubbard, Senior Manager)
                                                  Continental, and consolidator R&A                       amendment also revises the amount of                  P.O. Box 442, St. Louis, Missouri
                                                  International Logistics Incorporated.                   space to be chartered under the                       63166–2034. Comments can also be sent
                                                  Complainant alleges that ‘‘Cargo Partner                agreement and adds language regarding                 electronically to
                                                  Austria who were the agents of                          the minimum duration of the agreement.                Comments.applications@stls.frb.org:
                                                  Vanguard Logistics in Europe released                     By Order of the Federal Maritime                      1. Doctors Only Bancorp, Inc., St.
                                                  the delivery order to the consignees                    Commission.                                           Louis, Missouri; to become a bank


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Document Created: 2016-02-23 23:55:29
Document Modified: 2016-02-23 23:55:29
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 9197 

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