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North Carolina State Ports Authority A Global Gateway for the Region

North Carolina State Ports Authority A Global Gateway for the Region. The Relevance of Ports… Why do Ports Matter?. Ports are the Backbone of Global Trade Approximately 90% of international cargo moves by sea.

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North Carolina State Ports Authority A Global Gateway for the Region

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  1. North Carolina State Ports Authority A Global Gateway for the Region

  2. The Relevance of Ports… Why do Ports Matter? Ports are the Backbone of Global Trade Approximately 90% of international cargo moves by sea. More than 70% general cargo worldwide moves by container ship a number that is expected to grow. Deep draft ports accommodate ocean cargo vessels which carry more than 99% of U.S. overseas trade by weight and 61% by value. Source: U.S. Dept. of Commerce

  3. The Relevance of Ports • “A modern container port is a factory whose scale strains the limits of imagination.” • The Box, by Marc Levinson • (Princeton University Press, 2006), page 4

  4. North Carolina PortsStrategically located to serve the South Atlantic region Norfolk, VA Morehead City Charleston, SC Wilmington Savannah, GA

  5. 85 77 40 74 20 77 95 40 95 75 95 85 75 95 North Carolina Ports’ Mid Atlantic Position Is Ideal to Support Access to U.S./Canada Marketsand one of the Fastest Growing Regional Markets Market Accessibility Within 700 miles/1,110 km of North Carolina’s Borders Are: Boston Buffalo Detroit Milwaukee 1 Day New York 2 Day Cleveland Chicago Washington, DC • 170 million U.S. and Canadian consumers • 65 of the country’s top 100 metropolitan areas • 58.2% of total U.S. retail sales • Central East Coast location 700 Miles 1,110 KM Richmond 500 Miles 800 KM St. Louis 300 Miles 500 KM Nashville Charlotte PORT OF MOREHEAD CITY Memphis PORT OF WILMINGTON Atlanta Jackson Mobile New Orleans North Carolina Population Growth • U.S. Census Bureau predicts by 2030, North Carolina will be the 7th most populous state (currently 10th). • From 2000 to 2020, North Carolina’s population is expected to surge by 55%, increasing by an additional 4.4 million people, according to government projections. Miami

  6. Enhancing the Economy Statewide • Economic development agency for State • Operations self-funded • Gateways to world markets for State’s business and industry • Support nearly 65,000 statewide jobs • $500 million state and local tax revenues • Statewide economic impact of $7 billion

  7. North Carolina Ports Facilities Port of Morehead City Port of Wilmington Southeast Brunswick County Site Charlotte Inland Terminal Greensboro Inland Terminal

  8. Port of Wilmington • Serves container, bulk and breakbulk operations • 284 acres • 42’ Navigation Channel • Modern transit and warehousing facilities, four new Panamax container cranes and support equipment • Latest in cargo management technology • Closest port to major points on the I-85 / I-95 Corridors, including Charlotte, Greensboro, and Raleigh-Durham-RTP • Low cost, superior service • Fast, Efficient … • Vessel/Truck Turnaround • Crane Productivity • Gate Productivity

  9. Port of Morehead City • One of the deepest ports on • the U.S. East Coast -45’ deep • vessel channel • Located just four miles from • the Atlantic Ocean • Handles breakbulk • and bulk cargo • The second largest volume • port in the US for natural • rubber • Leading exporter of phosphate

  10. Warehousemen Equipment Operators Computer Operators Managers Logistics Coordinators Trucking firms Pilot organizations Tug Operators US Coast Guard Multiple Federal Agencies Retail Workers Warehousemen Equipment Operators Computer Operators Managers Logistics Coordinators Trucking firms Overnight providers A Single Ocean Container Thru NC’s Ports Impacts all of North Carolina Warehousemen Equipment Operators Computer Operators Managers Logistics Coordinators Financial institutions Marine construction companies Int’l Longshoreman Assoc (ILA) Terminal operating companies Gate Inspectors Security Officers Warehousemen Customs Officers Equipment Operators State Employees On Terminal Rail Operators US Army Corps of Engineers Other governmental agencies Steamship agents Terminal operators Customhouse brokers Freight Forwarders Logistic service providers Leasing companies Trucking firms Rail operators Maintenance firms

  11. Port of Wilmington: ‘Biggest Success Story’ “Perhaps the biggest success story is the one told at the North Carolina ports, where new services by Maersk Line and Independent Container Line spurred a 25 percent gain in total volume… good enough for the No. 25 ranking on the JOC’s list.” Imports up 26% Exports up 47% Peter T. Leach Journal of Commerce September 2010

  12. JOC Top 20 US Container Ports - Imports

  13. JOC Top 20 US Container Ports - Exports

  14. I-140 Wilmington Bypass (Sections 1 & 2) Improves connection from Container Terminal to I-40 Opened ! July 2007 $59,670,000 I -73 Corridor from I- 74 to I-85 at Greensboro New 16.8 mile Interstate Route connects I -74 to I-85 Opened ! January 2008 $74,500,000 81 40 74 20 95 95 95 85 58 95 85 75 77 64 16 73 40 Upgrade US 74 to Interstate Quality West of I-95 Major upgrade from Wilmington Container Terminal to I-85 Opened! September 2008 $100,000,000 RECENT HIGHWAY INFRASTRUCTURE INVESTMENTS $234,170,000 Major Projects Improve Highway Transportation Access – Key Attribute for Port of Wilmington Buffalo Detroit New York Cleveland Washington, DC Richmond Norfolk 58 Nashville Charlotte Memphis Wilmington Atlanta Charleston Jackson Savannah Mobile New Orleans

  15. NC Ports - Lower Logistics Cost and “Green”Port Higher Average Per Container Haulage To Greensboro NFK $138+ CHS $159+ SAV $264+ Higher Average Per Container Haulage To Hickory NFK $292+ CHS $15+ SAV $120+ Higher Average Per Container Haulage To Leland NFK $564+ CHS $332+ SAV $610+ Higher Average Per Container Haulage To Raleigh NFK $177+ CHS $353+ SAV $408+ Higher Average Per Container Haulage To Charlotte NFK $433+ CHS $24+ SAV $127+ 182 miles 334 miles 235 miles 277 miles 341 miles 131 miles 207 miles 254 miles 199 miles 9 miles 260 miles 278 miles 273 miles 180 miles 209 miles 306 miles 252 miles 296 miles 322 miles 317 miles

  16. NC Ports Strategic Global Goals • Focus on the expansion opportunities at its current facilities. • Continue its mission to enhance the economy of North Carolina, retaining/creating jobs, investment and growth. • Assess the global market requirement s and timing for expansion of existing port facilities. • USACE to undertake a Feasibility Study for improvements to Wilmington Harbor Navigation Channel serving the Port of Wilmington. • State to study the global market demand and need for deeper water port development and location. • Achieve dedicated intermodal container/trailer rail service between the Port of Wilmington and the CSX/NS intermodal rail ramps in Charlotte. (Double-stack intermodal rail infrastructure already established.)

  17. Thank You Jimmy Yokeley Director, Community Ec. Dev.NC State Ports Authority jimmy.yokeley@ncports.com www.ncports.com www.OurNCPorts.com

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