“rail – the intermodal connection” aashto scort – portland, me

“Rail – The Intermodal Connection”AASHTO SCORT – Portland, ME

Mr. Greg EdwardsDirector, External AffairsVirginia Port Authority

September 17, 2012

Top 10 U.S. Ports

Rank Port TEUs U.S. Market Share1 Los Angeles 7,831,902 20%2 Long Beach 6,263,499 16%3 New York/New Jersey 5,292,025 14%4 Savannah 2,825,179 7%5 Oakland 2,330,214 6%6 Seattle 2,139,577 6%7 The Port of Virginia 1,895,018 5%8 Houston 1,812,268 5%9 Tacoma 1,455,466 4%10 Charleston 1,364,504 4%

Panama Canal Expansion - New Locks Will Accommodate Post-Panamax Vessels

180’

160’106’

110’

Existing Locks Post-Panamax Locks

13 containers

wide

18 containers wide

U.S. East Coast Competitive Ports Water Depth

NY/NJ (2012)

Savannah

Charleston

Norfolk

38 ft

42 ft

45 ft

50 ft

Norfolk 55 ft (authorized)

4,500 TEU

8,500 TEU

12,500+ TEU

Wilmington, NC

Baltimore

Based on fully loaded vessel

Jacksonville

Source: Terminal Operator CY2011

Over 1.9 million TEUs moving over the Port in 2011 were transported by:

Intermodal Gateway

4% Barges

30% Rail (600,000TEUs)

66% Trucks

Prichard W.V. Intermodal Facility

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

NS

National Gateway Overview

Project overview: — $842 million in investments — 61 double stack clearance

projects— Construction of 6 intermodal

terminals

Strategic value—Increases capacity—Opens new markets—Strengthens competitive rail

environment

Norfolk International Terminals

Straddle Carrier

Operations

On-Dock Rail Yard

NIT – 567 Acres2.3 Million TEUs

APM Terminal

On-Dock Rail to Double-Stacked Heartland Corridor

RMG Operations

RTG Operations

APM Terminal 237 Acres

1.125 Million TEUsAPMT II 42 Acres

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

• 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

The VirginiaInland Port

VIP

New Short-Haul Intermodal Service

Thank You