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Port of Boston New England’S Gateway to the World Presented by Massachusetts Port Authority Lisa Wieland, Port Director

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Port of Boston New England’S Gateway to the World Presented by Massachusetts Port Authority Lisa Wieland, Port Director AASHTO Special Committee on Intermodal Transportation and Economic Expansion November 12, 2016 Port of Boston New England’s Gateway to the World Presented by Massachusetts Port Authority Lisa Wieland, Port Director One Massport Three Lines of Business Aviation Maritime Real Estate • Logan Airport • Conley Terminal • South Boston • Hanscom Field • Cruiseport Boston • East Boston • Worcester Airport • Seafood Landlord • Charlestown • Boston Autoport 2 Maritime Four Lines of Business Conley Container Terminal Cruiseport Boston Seafood Processing Boston Autoport 3 Port of Boston Overview To I-95 Boston Autoport Rt 1 To I-95 I-90 Massport Property Other Public (USCG & BRA) Boston Private Port Logan International Facilities Airport I-93 To I-95 Massport Marine Terminal Conley Container Terminal 4 The Port of Boston is Vital to the Regional Economy The Port of Boston: The Port Compared to A Major Contributor to the Regional Boston’s Largest Economy Employers • $4.6B economic impact • 50,000 total jobs − 7,000 direct jobs • Federal tax revenues of $203M • State & local tax revenues of $136M • 1,600 businesses use the port Source: Boston Redevelopment Authority, Largest Employers in the City of Boston, November 2013. Martin Associates, Economic Impact of the Port of Boston, 2014. 5 Conley Terminal is New England’s Only Full-service Container Terminal • Global access for the area’s businesses and industry as well as its 14 million consumers – Shipping Lines: MSC, Maersk, CKYE Alliance – Weekly Service to/from Asia, North Europe, Mediterranean and Latin America – 1/3 of New England bound cargo moves through Conley – Efficient connectivity to interstate highway system • Center of international commerce – Top Imports: Seafood, Furniture, Beverages & Spirits, Plastics – Top Exports: Paper, Logs & Lumber, Scrap Metal, Seafood – Import To Export Ratio = 1.4:1 • A diverse collection of companies use Conley Terminal to import and export their products – Top Customers: IFP (Kraft), America Chung Nam, Schnitzer Steel, Heineken, Christmas Tree Shops, BJs Wholesale Club, Ogo Fibers, Ocean Spray, Jordan’s Furniture 6 Conley Terminal Keeps MA Businesses Competitive Orange Lawrence Haverhill Lowell Shrewsbury Easthampton Pete’s Tire Barns New Balance Boston Granite Exchange Evoqua Water Technologies Metso Automation USA Chemetal Seaman Paper MBW Inc. East West Furniture Cedars Mediterranean Foods Vector Stone LLC Industrial Polyester Chemicals National Nonwovens 3M Company Cabot Co. Pittsfield Billerica King City Forwarding USA Hudson EMD Millipore Danvers Interprint Inc AIS Orbotech Inc Prova Inc Primitive Artisan Inkcups Now Everett Schnitzer Steel Chelsea Boston Hides and Furs Weiss Rohlig USA Quincy ICG World Wide Global Flooring American Bag Stran Company Carmichael Int’l Braintree United Liquors Middleborough Symmons Industries Ocean Spray Robelle Industries Christmas Tree Shops/ Avon Nantucket Distributing Ruby Wines New Bedford Eastern Fisheries Ahead Inc. Mariner Seafood LLC Chicopee Westborough Foxborough Saraiva Enterprises Disston Company BJ’s Wholesale Club International Forest Essentra Porous Technologies Atosa Catering Equipment Products (Kraft) Leoni Wire Northtimber Cabinetry Worcester Allegro Microsystems Springfield Absolute Machinery Framingham Astro Chemicals Columbia Electrical Contractors Atlantic Importing Mansfield PSI 91 Napac Inc. Vineyard Road Inc Rolf C. Hagen Primetals Technologies Global Wines Inc. Saint Gobain Abrasives Webstone Company A Schulman Custom Compounding Norton Brockton East Taunton Horizon Beverage Concord Foods Jordan’s Furniture Bernie and Phyl’s Micro Wire Products Autopart Int’l Athena Int’l Foods 7 Astro Int’l Map courtesy of MA Secretary of State Conley Terminal Set Another Volume Record in FY 16 Back-to-Back Record-Breaking Years 250,000 240,000 230,000 220,000 TEU 210,000 200,000 190,000 180,000 170,000 160,000 150,000 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 FY16 8 Strong Relationship with the ILA: 30% Increase in Productivity 35 30 25 20 15 10 Containers per hour Containers 5 0 Before Contract After Contract 9 Conley Terminal Recognized as the #1 Port in Terms of Productivity Gains #1 10 Lack of Congestion: Shippers can get their cargo when they need it 11 Balanced Trade: Fewer empty containers to reposition Shipping Lines are Driving the Change in Industry Shipping lines Panama Canal Ports invest millions build larger vessels expands in water and to create to accommodate on land to stay economies of scale larger vessels and competitive keep pace with Suez Canal Courtesy of AAPA Courtesy of www.cranehotline.com 13 Boston Harbor Dredging Project Proposed CAD Cell Location Funding Source Federal $220 million State $75 million Massport $55 million Maintenance Dredging Total $350 million • Existing Elev: -32 MLLW • Proposed Elev: -40 MLLW Improvement Dredging • Existing Elev: -40 MLLW • Proposed Elev: -47 MLLW 14 Conley Terminal Planned Revitalization & Modernization ($500M) Designated Freight Corridor New Berth With 3 New Cranes Existing Terminal ($107.5M from Economic ($42M FASTLANE Development Bill) Grant) Buffer Open Space 15 FASTLANE Grant Project 16 Summary • The Port of Boston – led by Conley Container Terminal – is a critical economic asset for the Commonwealth of MA, supporting good jobs, and connecting importers and exporters across the Commonwealth and New England to the global economy • Conley Terminal’s volumes and productivity are increasing, making it an attractive place to do business for ocean carriers and shippers • Massport is working with the Federal Government and State Government to modernize and maintain Conley Terminal so it’s ready to serve the larger vessels 17 .
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