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WHY TRANSPORTATION IS CRUCIAL TO ECONOMIC DEVELOPMENT ITTS Freight in the Southeast Conference 2012 March 15, 2012 The Honorable Patrick O. Gottschalk.

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Presentation on theme: "WHY TRANSPORTATION IS CRUCIAL TO ECONOMIC DEVELOPMENT ITTS Freight in the Southeast Conference 2012 March 15, 2012 The Honorable Patrick O. Gottschalk."— Presentation transcript:

1 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)

2 EXISTING TRANSPORTATION ASSETS Interstate Network (Trucking)

3 EXISTING TRANSPORTATION ASSETS PORTS

4 EXISTING TRANSPORTATION ASSETS KEY AIRPORTS

5 EXISTING TRANSPORTATION ASSETS NS RAILCSX RAIL

6 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

7 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

8 Patrick O. Gottschalk, Esquire Chair, Economic Development Team Williams Mullen 200 South 10 th Street, 16 th Floor Richmond, VA 23219 Tel: 804.420.6425 Fax: 804.420.6507 Email: pgottschalk@williamsmullen.com Web: www.williamsmullen.comwww.williamsmullen.com North Carolina Virginia Washington, D.C. London


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