Garden City Terminal: The Southeast Gateway for the U.S.

March 2015

PORT OF SAVANNAH

3

CREATING OPPORTUNITIES THROUGHOUT GEORGIA

MISSION STATEMENT Develop, maintain and operate ocean and inland river ports within Georgia; foster international

trade and new industry for state and local communities; promote Georgia's agricultural,

industrial and natural resources; and maintain the natural quality of the environment.

4

GEORGIA PORTS AUTHORITY: MORE DEEPWATER TERMINAL OPTIONS

Garden City Terminal

Ocean Terminal

East River Terminal / Lanier Docks

Colonel’s Island Terminal

Mayor’s Point Terminal

5

PORT OF SAVANNAH (GCT) THROUGHPUT

15-year Calendar Year History

Source: GPA Marketing (loads & empties)

500

1,000

1,500

2,000

2,500

3,000

3,500

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

21% 13%

23% 15%

9%

14%

14%

21% .5%

10%

20% 4% 1% 2%

10%

In T

ho

us

an

ds

of

TE

Us

USWC

Port

Closure

Suez

Services

Emerge

China

Enters

WTO

1 M TEU

Milestone

Economic

Recession

CAGR Before the Recession

USA = 4.8%

SAVANNAH = 13.3%

CAGR Since the Recession

USA = 2.0%

SAVANNAH = 7.3%

USWC Port

Congestion/

Labor Unrest

6

• Fourth Busiest Port in the U.S.

• Fastest Growing

Source: AAPA, includes loads and empties in TEUs

2000 2014

1. LA 4,879,429 8,340,066

2. LB 4,600,787 6,820,806

3. NY/NJ 3,050,006 5,772,303

4. Savannah 948,669 3,346,048

5. Oakland 1,776,922 2,394,069

6. Virginia 1,347,364 2,393,038

7. Tacoma 1,376,379 2,040,022

8. Houston 1,061,525 1,951,088

9. Charleston 1,632,747 1,791,977

10. Seattle 1,488,020 1,387,539

Top 10 Total 22,161,878 36,236,956 3.6%

-0.5%

0.7%

4.4%

2.9%

4.2%

2.2%

9.4%

4.7%

2.9%

3.9%

-2% 0% 2% 4% 6% 8% 10%

13-year CAGR

SAVANNAH: DELIVERING SUCCESS TO OUR CUSTOMERS

7

United States**

Port of Savannah*

39% Exports

49% Exports

61% Imports

51% Imports

CY14 Export/Import Ratio

Source: *GPA Marketing (loads only), **PIERS Container Shipping Outlook, December 2014 -

CY14 estimate based on actual January through September 2014 volume.

KEY TO SAVANNAH'S SUCCESS:

BALANCED TRADE

0

250

500

750

1,000

1,250

1,500

'03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14

Savan

nah

TE

Us

(in

1,0

00

s)

Exports: 1,299,031 TEUs

Imports: 1,347,430 TEUs

CY

8

SAVANNAH: A GLOBAL COMMERCE HUB

Source: American Shipper BlueWater Reporting & Carrier Websites February 2015

38

8

33

4

27

31

10

21

16

SAVANNAH

JAX

MIA

PEV

CHA

NFK

NY/NJ

WIL

BAL

31 WEEKLY SERVICES COVERING THE

WORLD

Key Savannah Service Features:

• Only Port with All G6 Asian Services

• Offers 7 Services via Panama

• Offers 11 Services via Suez

• First in = 7; Last out = 10 (All Trades)

9

$91.3 million invested and in-progress in rail infrastructure

expansion to support greater inland access for our customers.

$91.3 million invested and in-progress in rail infrastructure

expansion to support greater inland access for our customers.

THE CHATHAM ICTF

• Served by CSX

Transportation

• RTGs

• Working Tracks: (3) 2,100 ft

(640 m)

Total = 6,300 ft (1,920 m)

• Storage Tracks: 11,615 ft

(3,540 m)

THE MASON ICTF

• Served by Norfolk

Southern Railroad

• Toplifts

• Working Tracks: (5) 2,800 ft

(853 m)

Total = 14,000 ft (4,267 m)

• Storage Tracks: 8,000 ft

(2,438 m)

FREIGHT MOBILITY

10

UNRIVALED

ON-DOCK RAIL

CONNECTIVITY 18 WEEKLY TRAINS TO KEY

MARKET - ATLANTA

• Daily service to every major

destination east of the Mississippi

• Fastest East Coast connections

to/from Alabama, Tennessee,

Louisiana and Texas

• Best in class service to Atlanta,

Charlotte, Jacksonville and

Charleston

Served by both Class I’s

Served only by CSX

Served only by NS

Savannah

11

AVERAGE 8,090 GATE MOVES/DAY; SINGLE 34 MINUTES; DOUBLE 54 MINUTES. • 3 Gates. 40 Lanes with 25 Pre-check Lanes. 10 Portal Approach Lanes.

• Monday through Friday 6am to 6pm

• Saturday (Gate 4 only) 8am to Noon, 1pm to 5pm

Gate Fluidity

Source: GPA Gate Operations, Average moves/turn times for January-December 2014 Monday-Friday

12

Georgia has one of the highest over-

the-road container weight allowances

among all U.S. Southeast states.

INTERSTATE

ACCESS

SAVANNAH

Garden City Terminal to I-16

(East/West)

5.7 miles (9.2 km)

Garden City Terminal to I-95

(North/South)

5.5 miles (8.9 km)

13

GARDEN CITY TERMINAL BELTWAY Will enable direct access from I-95 to Garden City Terminal

Will reduce traffic by at least 5,000 trucks per day on GA 21

Construction has begun

14

Garden City

Terminal

Mason ICTF / HWY 307

Overpass (completed)

Grange Road

Upgrade

Brampton Road

Connector

Savannah

International

Airport

Savannah

Mega-site

Crossroads

Business

Center

Savannah River

Int’l Trade Park

Jimmy Deloach

Parkway Connector

15

JIMMY DELOACH PROGRESS As of November 2014

16

MARKET ACCESS

17

SAVANNAH NEAR PORT MAJOR CUSTOMERS

• Near Port Total Warehouse Space = 44 million ft2 (4.1 million m2)

• Near Port Available Space Today = 3+ million ft2 (279+ thousand m2)

• Number of DCs over 250,000 ft2 (23 thousand m2) = 35

Pier 1 Imports

Dollar Tree

Lowes

IKEA

Target

Walmart

Heineken

The Home Depot

Icon H&F

ABRO Industries TJ Maxx/Kent Bikes

Garden City Terminal

18

ADDITIONAL 555,000 FT2 (51.6K M2) OF PRIVATE COLD STORAGE

• 200,000 ft2 (18.6K m2) in April 2013 &

200,000 ft2 (18.6K m2) in Q3 2015 -

Nordic Logistics and Warehousing

• 100,000 ft2 (9.3K m2) in August 2013 &

55,000 ft2 (5.1K m2) in January 2015 -

Gulf States Cold Storage

• 163% increase in total local cold

storage over the past 2 years to nearly

900,000 ft2 (83.6K m2)

19

Garden City

Terminal

Grange Rd Upgrade

Brampton Rd.

Connector

DeLoach Pkwy Connector

Lineage Logistics 4.7 Miles from GCT

Gulf States Cold Storage 4.8 Miles from GCT

Lineage Logistics Rincon, GA 17.1 Miles from GCT

Nordic Cold Storage 8.0 Miles from GCT

4 NEAR-PORT REFRIGERATED FACILITIES

• Lineage Logistics (2)

- Savannah 166.7K ft2 (15.5K m2)

- Rincon 255.6K ft2 (23.7K m2)*

• Gulf States 155K ft2 (14.4K m2)

• Nordic Cold Storage 200K ft2 (18.6K m2)*

*US Customs Bonded facilities

20

MARKET ACCESS: CUSTOMER OPPORTUNITY Well Over 250 port-dependent distribution centers in Georgia

21

Site Selection Magazine’s 2013 & 2014 State Business Climate Ranking – GEORGIA #1

Site Selection Magazine’s 2014 Most Competitive State in the U.S – GEORGIA #1

Georgia is CNBC’s Top State for Business in 2014 – (June 24, 2014) CNBC's Scott Cohn reveals the top state for business in the U.S. is Georgia, with its workforce category coming in first place.

Georgia has been ranked 1st by Area Development as a Top State for Doing Business. Highlights: 1st (Overall Labor Climate), 2nd (Overall Infrastructure/Global Access), and 2nd (Overall Business Environment).

GEORGIA: #1

1.GA

2. LA

3.NC

5. OH

4. TX

November 2013 & 2014

May 2014

June 2014

Site Selection Business Climate Rank

Site Selection Competitive Rank

1.GA

2. TX

3. UT

4. NE

5.NC

September 2014

1.GA

CNBC Rank

2. TX

3. SC

4. AL

5.TN

Area Development Rank

1.GA

2.TN

3. TX

4. LA

5.NC

22

SAVANNAH: GATEWAY TO AMERICAN

COMMERCE: POPULATION = CARGO

of the U.S.

Population and

Industry is best

served by

Port of Savannah

20%

44% Within easy reach of inland

connectivity infrastructure

Savannah

23

POPULATION DENSITY & GROWTH

Northeast population = 120 million 10 year growth = + 3% (4 million)

Southeast population = 70 million 10 year growth = + 12% (7.8 million)

NORTHEAST

+ 3%

SOUTHEAST

+ 12%

24

KEY EAST COAST

GATEWAY PORTS

SELECTION

Only 3 U.S. East Coast ports handled

over 2 million TEUs in 2013.

• North Atlantic: NY/NJ and Norfolk

• South Atlantic: Savannah

4+ million TEUs

3-4 million TEUs

2-3 million TEUs

1-2 million TEUs

Less than 1 million TEUs

SAVANNAH

JAX

MIA

PEV

CHA

PHI

NFK

NY/NJ

WIL

BAL

BOS

25

The Port Industry’s Only Centralized Customer Care Team

CUSTOMER CARE

• Gate Transactions

• Rail Move Coordination

• Equipment & Cargo

Availability

• General Questions

• USCBP Inspection Issues

• USDA Inspection Issues

• Pick-up & Delivery

Confirmation

• Full Cargo Visibility

• Technology Services &

Support

• webaccess.gaports.com

• 912.963.5526

26

Inspection offices for U.S. Customs &

Border Protection (USCBP) and

Agriculture are located on-terminal at

Garden City Terminal

• ‘Centralized Examination Station’

• 16 inspection bays

• Mobile inspection units

No need to dray containers to off-site

location like other U.S. ports.

GARDEN CITY

TERMINAL:

ON-TERMINAL

USCBP INSPECTIONS

27

• Planned Investments Over the Next

Decade:

$1.4 Billion

BUILDING FOR THE FUTURE • Over the Last 10 Years

- Operating Revenue Grew on Average

10% per Year

- Capital Expenditures of $770 Million

28

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

We Strive to Keep Capacity 20% Ahead of Demand through Long-term Planning

STAYING AHEAD OF THE

GROWTH CURVE

CY 2014 Throughput

3.346 million TEUs

CY 2024 Throughput Capacity

6.5 million TEUs

Past Demand

Capacity

In T

ho

usa

nds o

f T

EU

s

Current Demand

Future Demand

Source: GPA Marketing (loads & empties) 02.15

29

0 2 4 6

2014

2020

GPA Throughput Available Capacity (estimate)

3.35 mn TEUs 67%

1.65 mn TEUs 33%

GPA Throughput Available Capacity (estimate)

• GPA handling 3.35 Million TEUs

• 33% available operating capacity

Million of TEUs

Available 2015 Growth Opportunity

THROUGHPUT CAPACITY

30

Equipment Type Current Build Out

Ship to Shore Cranes 22 33

Rubber Tired Gantries (RTG) 116 169

GARDEN CITY

TERMINAL:

EQUIPMENT NOW &

IN THE FUTURE

• 4 New Super Post-Panamax Cranes

• 30 Electric RTGs

• 21 Replacement Empty Handlers

• 5 Toploaders

31

REFRIGERATED

CARGO

CAPACITY

84 refrigerated container racks,

each servicing 24 containers

Total current capacity: 4,032 TEUs

20 more racks and an additional

960 TEUs of capacity by the end

of CY2015

32

New high-tech lighting

provides 59%

reduction in energy

consumption while

also minimizing light

pollution

The Port of Savannah

became the first North

American port to introduce

emissions-saving electric

rubber tired gantry (ERTG)

cranes which use 95%

less diesel per crane

3.5 million gallons

(13.2 million liters)

annually of diesel

reduction through the use

of refrigerated container

racks

GPA’s stormwater treatment

system treats annually

more than 100 million

gallons (379 million liters)

of stormwater. Greatly helps

protect existing and created

wetlands

For more than a decade, the Georgia Ports Authority has led the

way by voluntarily modernizing our container handling equipment,

which reduced our fossil fuel usage by 53% per TEU.

SUSTAINABILITY

33

TERMINAL SERVICES

34

GARDEN CITY TERMINAL TODAY

• 9 Container berths

• 9,693 ft (2,955 m) of contiguous

berthing space

• 22 Container cranes

• 116 Rubber-tired gantries

• 1,200 acres (485.6 ha) terminal area

Mason ICTF served by

Norfolk Southern Railroad

Chatham ICTF served by

CSX Transportation

35

GARDEN CITY TERMINAL TOMORROW

33 Container Cranes

169 Rubber-Tired Gantries

Terminal Area: 1,200 acres (485.6 ha)

Chatham ICTF served by

CSX Transportation

Mason ICTF served by

Norfolk Southern Railroad

Gate 8

36

SAVANNAH HARBOR EXPANSION PROJECT

Feasibility Studies Project Design Construction Completion

37

IN PROCESS NOW

SAVANNAH HARBOR

EXPANSION

PROJECT (SHEP)

• Baseline for Environmental Requirement

• Real Estate Acquisition

• Assembly of Contracts and Specifications for

Contract Tender

• Presolicitation Contracts Posted on

www.fedbizopps.com

- Entrance Channel Dredging posted September 4

• Existing 11.4 Miles (18.3km) + 7 Miles

(11.3km) dredge to 49ft (14.9m) MLW

- Dissolved Oxygen Injection Systems posted

September 9

- CSS Georgia work begins 4th quarter 2014

38

• GPA is owner & operator = Flexibility

• Single-terminal design = Transportation Synergies

• 4th busiest U.S. container port = Strategic Gateway

• Most global services among U.S. Southeast Coast

& Gulf ports = Service Reliability

• 2 on-terminal Class 1’s = CSX & Norfolk Southern

• Largest concentration of retail import distribution

centers in the U.S. Southeast = 31 weekly carrier

service options & empties for export opportunities

• Fast & convenient infrastructure = Faster to Market

Summarizing Garden City Terminal’s Advantages…

NO OTHER PORT CAN DELIVER

THE ‘SAVANNAH MODEL’.

39

THANK YOU