WHY TRANSPORTATION IS CRUCIAL TO ECONOMIC DEVELOPMENT ITTS Freight in the Southeast Conference 2012 March 15, 2012 The Honorable Patrick O. Gottschalk (former Virginia Secretary of Commerce and Trade)

EXISTING TRANSPORTATION ASSETS Interstate Network (Trucking)

EXISTING TRANSPORTATION ASSETS PORTS

EXISTING TRANSPORTATION ASSETS KEY AIRPORTS

EXISTING TRANSPORTATION ASSETS NS RAILCSX RAIL

WHY TRANSPORTATION IS CRUCIAL 1.Must be able to move raw materials in and finished goods out – access to markets 2.Must be able to have employees travel to facility without delay 3.Congestion causes delay – delay affects competitiveness

WHY TRANSPORTATION IS CRUCIAL 4.Part of the 3-legged stool of Economic Development: 1.Education 2.Transportation 3.Product – sites 5.Lack of access to transportation assets can kill a deal quickly

Patrick O. Gottschalk, Esquire Chair, Economic Development Team Williams Mullen 200 South 10 th Street, 16 th Floor Richmond, VA Tel: Fax: Web: North Carolina Virginia Washington, D.C. London