Court of Appeals for the Third Circuit December 29, 1998, 98-6127 (Waterfront Commission of New York Harbor, on Behalf of Itself and of the State of New Jersey v. Elizabeth-Newark Shipping, Inc.)

OPINION OF THE COURT

SLOVITER, Circuit Judge.

I.

At issue in this case is the application of regulatory provisions of the Waterfront Commission Compact (“the Compact”) to a company that transports by water certain merchandise, primarily trucks and automobiles, that it claims it owns. The Compact is an interstate agreement entered into between New York and New Jersey with the consent of Congress.