FMC Lists Revoked OTI Licenses
The Federal Maritime Commission has issued a notice of revocation of the following ocean transportation intermediary (OTI) licenses.
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License # | Company | Effective Date |
1942F | Kosta International Corp | 5/1112 |
2980F | General Express Management Corporation | 05/18/12 |
17329F | Mares-Shreve and Associates | 05/12/12 |
018981NF | Bekins Independence Forwarders | 05/09/12 |
022797N | Lupprian’s Cargo Express | 05/11/12 |
A revocation may occur after a license is surrendered voluntarily by the OTI or for failure to maintain a valid bond, proof of insurance, or other surety. FMC may also, after notice and hearing, suspend or revoke a license if it finds that the OTI is not qualified to render intermediary services or that it willfully failed to comply with a provision of the Shipping Act or with a lawful order, rule, or regulation of the FMC.