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The Port of New York and New Jersey

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The Port of New York and New Jersey THE PORT OF NEW YORK AND NEW JERSEY AN EPICENTER FOR GLOBAL TRADE A NETWORK OF PREMIER FACILITIES STEWARDS OF THE ENVIRONMENT STRENGTHENING PORT SECURITY CONTINUOUS INVESTMENT Port Authority of NY & NJ Responsible for Airports Tunnels & Bridges PATH Port of NY & NJ World Trade Center Established in 1921 by an act of US Congress Financially self-supporting through user fees and bond issues. Landlord Port Board of Commissioners chosen by Governors of NY(6) and NJ(6 AN EPICENTER FOR GLOBAL TRADE The Port of NY & Cargo volumes $2.3 billion NJ is the largest rose .5% over 2011 invested since port on the East to 5.53 million 2000 to prepare the Coast and the third- TEUs in 2012 – an region’s port for largest in the annual record for future growth. nation. the port. AN EPICENTER FOR GLOBAL TRADE 2011 Container O & D 2% 2% 0% 5% N. Europe 8% Latin Am Medit. 35% MidEast 10% Africa Austr/Oc. 53% 9% Other Far East 9% 20% S.E. Asia Indian SC A NETWORK OF PREMIER FACILITIES CHANNELS WAREHOUSING DISTRIBUTION PORT OF NEW YORK OCEAN RAILS CARRIER SERVICES TERMINALS CHANNELS OCEAN CARRIER TERMINALS RAILS WAREHOUSING / By 2014, Port of NY SERVICES 3000 acres of More rail DISTRIBUTION &NJ will have 50ft More ocean carrier marine terminals. destinations than More rail destinations (15.2m) depths to choices with 1400 acres any other port. than any other port. all container competitive transit dedicated to terminals. container terminal operations . CONTINUOUS INVESTMENT Fulfillment 2010 2011 2012 2013 End 2015 Raise the $34.7 m Roadway authorized Complete Board option selected for engineering Environmental authorizes $1 $25 m for billion in Permitting planning and Contractor Air Draft of capital engineering RFQ issued funding for 215 Feet services available project 100% Final Issue bid Environmental engineering documents Permitting design and choose Process Starts complete contractor ILA CONTRACT NEGOTIATIONS USMX and ILA have reached a tentative agreement for a 6 year contract. AN EPICENTER FOR GLOBAL TRADE More ocean carrier choices with competitive transit times – 64 services call the port. 43 First In Calls and 11 Last Out Calls. The most ‘first port’ calls in the Panama, Suez and Europe/Med services. Frequency of service by trade at the port (Important in building intermodal unit trains) 2012 MILESTONES Completed Express Physical flyover train to exams Completed Initiated between Port Completed Chicago, moved off deepening of work on Newark construction of Second terminal Port Jersey McLester Container Berth 6 in Port Columbus, and Channel to Street Terminal and Newark Ohio and performed 50 feet widening ExpressRail Louisville, at 4 CES Port Newark KY stop facilities 2013 MILESTONES Complete NS Train Award Complete Port Street Award Service: Ayers, Utilize Contract for McLester and Contract Mechanicsville, more expansion Street Brewster for Port Bethlehem technology Jersey of Port Widening in Street CSX : Memphis, to improve ExpressRa Newark Port Connector Expedited productivity il Facility at Express Rail Newark in Port Worcester - RFID Greenville Facility Newark service A NETWORK OF PREMIER FACILITIES Expressrail Port Jersey Port Jersey Staten Is. Newark Elizabeth 1,800,000 1,600,000 The expansion of 1,400,000 ExpressRail network 1,200,000 includes a planned 1,000,000 fourth on dock terminal - Lifts/Annum 800,000 ExpressRail Port Jersey 600,000 400,000 200,000 0 2012 + 2014 + 2015 + 2016 + TBD – Phase 2A Port Jersey 2A PNCT Port Jersey NYCT Tracks 6-11 (PNCT) Phase I Expansion Phase II + Corbin St. 2B Flyover Location Quick access to major Immediate entry to the population centers most densely populated region of the U.S. Ability to reach 20% of the U.S. 21% of U.S. Retail Sales are in the population in under 8 hours; Northeast;18% in the Midwest more than 30% in under 48 hours. 58% of Canadian Retail Sales are in the Provinces of Ontario & Quebec PONYNJ: All Water Service Landbridge 10-State Market Area Algeciras NewYork/NewJersey GioaTauro LosAngeles Kobe Jiddah HongKong Kaohsiung Colombo Singapore Containerization Foreign Longshoremen Commerce 1956 36 million 35,000 MT 2011 79 million 3,500 MT Size of Ships has Grown Dramatically Source: Alphaliner New Panama Canal Locks 8000 TEU Ship via Panama Canal Expands Market Reach of USEC ports 8000 TEU ship 4000 TEU ship 66% of US market 51% of US market Assumptions $400/MT bunker Based on Halcrow, Princeton Canal tolls based on 2011 proposal Consultants route cost model – Current ship charter rates June 2010 Inland move by rail Fulfillment Who Gets to Decide??? $$$ Input Decision Box Output $$$ Fulfillment Main Drivers of the Decision for Importers and Exporters Speed Reliability Cost Fulfillment One Possible Future What could happen for Albany Fulfillment What does Albany Need to Be Ready? Create Opportunity Water Depth Facilities / Terminals Equipment / Cranes A NETWORK OF PREMIER FACILITIES Container Marine Terminals Maher Terminals: 445 acres Global Container MT: 120 acres PNCT: 210 acres New York CT: 187 acres APMT: 350 acres Red Hook CT: 65 acres Fulfillment What does Albany Need to Be Ready? Private Sector Partners •Tug Barge / Small Ships •Warehouse Space •Road and Rail Access Fulfillment Drivers of the Decision Importers Exporters Trucker Logistics providers Warehousemen Ocean carriers Railroads Cost of fuel Albany Capacity of terminals in Port of New York and NJ – explain $$$$ by Terminal Investment – densify = terminals Shift work at terminals 24 / 7 Water operations Marine highway subsidy Barge service Small ships Fulfillment What does Albany Need to Be Ready? Commitment Thank You?.
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