“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 U.S. Market Share 1 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 7 The Port of Virginia 1,895,018 5% 8 Houston 1,812,268 9 Tacoma 1,455,466 4% 10 Charleston 1,364,504

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

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 Jacksonville Wilmington, NC Baltimore Based on fully loaded vessel

Intermodal Gateway 4% Barges 30% Rail (600,000 TEUs) 66% Trucks 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 CY2011

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 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 Terminal Construction – NW Ohio; Columbus; Pittsburgh; Chambersburg; Baltimore; Charlotte

Straddle Carrier Operations Norfolk International Terminals NIT – 567 Acres 2.3 Million TEUs On-Dock Rail Yard Norfolk International Terminals

to Double-Stacked Heartland Corridor On-Dock Rail to Double-Stacked Heartland Corridor RTG Operations APM Terminal 237 Acres 1.125 Million TEUs APMT II 42 Acres The Port of Virginia is also growing on land and getting ready for the expansion. Norfolk International Terminals (NIT) is now fully renovated and will continue to experience incremental growth, especially in the volume of cargo moved by rail and our leased terminal in Portsmouth is highly automated, ready to handle higher volumes per ship call. 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

The Virginia Inland Port 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