PIER PRESSURE Dominant West, East Coast ports vie for container trade PORTS OF LA/LB PORT OF NY/NJ 20

FORECAST 15

Container volume Port of LB's $1.3B Middle $1.5B Gerald Desmond Harbor Terminal expansion at Port of LA peaks Gerald Desmond Bridge replacement to be completed. Port of LA's $500M at 8.5M TEUs Ports ban older Bridge replacement completed at Port of LB TraPac Container Terminal diesel trucks project begins Container volume expansion completed at Port of LB peaks at 7.3M TEUs Port deepened to Container volume 10 Clean Truck Program 53 feet. $140M at Port of LA peaks implemented at 8.8M TEUs $2.4B Alameda 18,000-TEU CMA CGM Corridor rail Benjamin Franklin calls at Port completed of LA, largest container ship to Port of LA becomes arrive in North America busiest U.S. Ship OOCL Long

TEUs PER YEAR (MILLIONS) TEUs PER container port Beach, with 8,500 TEU capacity, calls FORECAST Dredging and landfill at Port of LB completed for $ 5 Maersk's Pier 400 Container volume Bayonne Bridge “Raise the terminal. $338M Annual intermodal Container $1.3B "Raise the Kill Van Kull and $1B funding hits 6.37M TEUs Roadway” project completion container volume: volume hits Roadway" project Newark Bay channel approved to address expected with the expansion 377,000+, more than 5.53M TEUs begins at NJ's Harbor deepened $20M invested to build deepened to 45 feet Bayonne Bridge of two to four lanes double 2000's volume Bayonne Bridge to 50 feet. $2.1B ExpressRail larger ship-to-rail facility at height problem transports $1.8B pledged for Elizabeth Marine Terminal $50.5M paid to Bayonne one-millionth dredging, terminal Local Redevelopment Bayonne Bridge elevated roadway opens cargo container Congress approves ExpressRail transports Contract awarded expansion; local $130M-plus for dredging, Authority for 153-acre three-millionth for 50-foot Harbor Hurricane ExpressRail transports in February. Largest container ships can operators match $500M environmental restoration growth tract cargo container Deepening Project Sandy repairs five-millionth cargo container access PANYNJ by July 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

International Longshore and Panama Canal Recession ends ILWU clerical ILA members Global ship Panamax Hanjin Shipping Warehouse Union (ILWU) expansion worker strike ratify 6-year traffic up 300% complete declares bankruptcy West Coast port strike (Panamax) begins master contract since 1992 China trade slows Container ship COSCO Maersk delivers first E International Longshoremen’s Maersk delivers first Triple Development becomes Series container ship, Association (ILA) threatens strike, with E Class container ship with ILWU West Coast Global shipping sees largest vessel to enter TEUs=Twenty-Foot Equivalent Units Source: Transwestern, portoflosangeles.org, polb.com, panynj.gov with 15,000 TEU capacity Great Recession begins minimal impact on cargo volumes 18,000 TEU capacity port strike record-low growth expanded Panama Canal