Rail The Intermodal Connection AASHTO SCORT Portland ME

“Rail – The Intermodal Connection” AASHTO SCORT – Portland, ME Mr. Greg Edwards Director, External Affairs Virginia Port Authority September 17, 2012

Top 10 U. S. Ports Rank Port TEUs 1 2 3 4 5 6 7 8 9 10 7, 831, 902 6, 263, 499 5, 292, 025 2, 825, 179 2, 330, 214 2, 139, 577 1, 895, 018 1, 812, 268 1, 455, 466 1, 364, 504 Los Angeles Long Beach New York/New Jersey Savannah Oakland Seattle The Port of Virginia Houston Tacoma Charleston U. S. Market Share 20% 16% 14% 7% 6% 6% 5% 5% 4% 4%

Panama Canal Expansion - New Locks Will Accommodate Post-Panamax Vessels 160’ 106’ 13 containers wide 18 containers wide 110’ 180’ Existing Locks Post-Panamax Locks

U. S. East Competitive Ports Water Depth Jacksonville 38 ft 4, 500 TEU Wilmington, 42 ft NCSavannah Charleston 8, 500 TEU 45 ft NY/NJ (2012) Baltimore Norfolk 50 ft Norfolk 55 ft (authorized) Based on fully loaded vessel 12, 500+ TEU

Intermodal Gateway Over 1. 9 million TEUs moving over the Port in 2011 were transported by: 4% Barges 30% Rail (600, 000 TEUs) 66% Trucks Source: Terminal Operator CY 2011

Prichard W. V. Intermodal Facility NS The Prichard intermodal facility will be the second intermodal facility along the Heartland Corridor. One is already in operation in Columbus, Ohio. Scheduled to open in 2014

National Gateway Overview n Project overview: — $842 million in investments — 61 double stack clearance projects — Construction of 6 intermodal terminals n Strategic value —Increases capacity —Opens new markets —Strengthens competitive rail environment

NIT – 567 Acres 2. 3 Million TEUs On-Dock Rail Yard Norfolk International Terminals Straddle Carrier Operations

On-Dock Rail to Double-Stacked Heartland Corridor RTG Operations APM Terminal 237 Acres 1. 125 Million TEUs APMT II 42 Acres RMG Operations APM Terminal

An “Uh Oh…” Headline

Virginia Inland Port • Five-day-a-week rail service between the VIP and the Hampton Roads marine terminals • Within 1 mile of Interstate 66 and within 5 miles of Interstate 81

VIP The Virginia Inland Port • Economic engine for the Commonwealth • 39 major companies have located near the Virginia Inland Port – Investment of nearly $748 Million – Over 8 Million sq. ft. of buildings – Employment of over 8, 000 people

New Short-Haul Intermodal Service

Thank You