FMC REVOKES 10 OTI LICENSES

FMC REVOKES 10 OTI LICENSES    The U.S. Federal Maritime Commission has revoked 10 ocean transportation intermediary licenses.
   Five OTIs failed to maintain valid bonds with the agency: Actway Express in City of Industry, Calif.; Arrow Worldwide Logistics, El Segundo, Calif.; I.F.T.C., Miami; Master Air Cargo, Miami; and Kenehan International Services, Las Vegas.
   Five OTIs voluntarily surrendered their licenses to the FMC: Cargo Management International of Gardena, Calif.; Geotrans International in La Mirada, Calif.; Pum Yang Express U.S.A., Ridgefield, N.J.; and United Shipping Services, Alhambra, Calif.
   W.M. Stone & Co., of Norfolk, Va., voluntarily surrendered the non-vessel-operating common carrier portion of its OTI license, but retained its freight forwarder license.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.

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