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What the new intermodal

facility means for economic

development.

What does it do?• Rail yard transfers trailer-sized containers between

trucks and rail cars.• Top Ten Commodities that ship to/from intermodal

facilities1. Machinery

2. Plastic

3. Vehicles, not railway

4. Tobacco

5. Electrical machinery

6. Pharmaceutical products

7. Organic chemicals

8. Wood

9. Paper and paperboard

10.Misc. chemical products

Why Intermodal Is The Future

• Fuel Prices– Warren Buffett’s railroad investment ($5 Billion).

– Roanoke Region relies more heavily on trucking than does the nation on average.

• Traffic Congestion – Can move more freight at once and reach destinations faster than

traditional shipping methods.

• Delivery Times– Less carrying cost/holding cost.

– Intermodal is more reliable than single mode shipping, more efficient, safer and environmentally friendly.

• Create Jobs– Employ a dozen people & generate $3.5-$5.3 million in annual economic

activity.

• Tax Revenue– $18 million to $71 million in taxes.

• Overall Business Competition– Fast delivery and low cost of fuel

– Located on Crescent and Heartland Corridor(I-81 to I-64).

– Increase customer service• High-tech lift technology and articulated intermodal railcars minimize damage freight.• Reduce freight loss and damage

Why Intermodal Is The Future

Site Overview

Intersection of Opportunity?• Located on the Heartland and Crescent Corridors

– Lines up well with plans for improvements in the NS lines along I-81.

Top 15 Destinations of Dry Van Traffic Originating in Roanoke BEA

Destination

Lexington, KY

Raleigh, NC

Charlotte, NC

Norfolk, VA

Hickory, NC

New York, NY

Philadelphia, PA

Pittsburgh, PA

Fayetteville, NC

Knoxville, TN

Greenville, NC

Boston, MA

Wilmington, NC

Louisville, KY

Savannah, GASource: Transearch 2007 Data based on hauls greater than 300 miles only

Top 15 Origins of Dry Van Traffic Terminating in Roanoke BEA

Origin

Charlotte, NC

Norfolk, VA

Raleigh, NC

Lexington, KY

New York, NY

Cleveland, OH

Philadelphia, PA

Hickory, NC

Louisville, KY

Pittsburgh, PA

Greenville, NC

Atlanta, GA

Cincinnati, OH

Fayetteville, NC

Boston, MASource: Transearch 2007 Data based on hauls greater than 300 miles only

Outbound East Traffic(Norfolk, VA)

Other includes Military, Paper, Misc. Chemicals, Vehicles, Food Products and Brick

Outbound South Traffic(AL, AR, FL, GA, LA, MS, NC, SC, TN, TX)

Other includes Plastics, Fertilizer, Misc. Chemicals, Feed and Feed Products, Petroleum/Environmental, Kaolin, Vehicles, Military, Brick, Scrap Metal, Flour

TOP PORT CUSTOMERS

Export

• MeadWestvaco• Intl. Log & Timber• Wolverine Gasket• Sellari Enterprises• Maple Leaf Foods

Import

• Orvis• Hanover Direct• Elizabeth Arden• Virginia Transformer• Dynax America• Grand Home

Furnishings• Advance Auto Parts• Volvo Trucks

Comparisons

Distributors• Home Depot• Ace Hardware• Rooms to Go• Pier 1

Manufacturers• DaimlerChrysler• American Honda• Hyundai• Behr of America, Inc.

Alliance Texas Logistics Park- Fort Worth Texas

Comparisons

Distributors• DuPont• Ferguson Enterprises Inc.• Rite Aid Corporation• SYSCO Corporation

Manufacturers• Ford Motor Company• AB&C Group• Blue Ridge (HBH) Prestain• Rubbermaid

Virginia Inland Port- Fort Royal, VA

Benefit• Effects could spread 740-2,900 jobs

– Annual economic output of $140 million to $550 million

• Railroads move one ton of freight an average of 405 miles on a single gallon of gasoline.

• Railroads account for just nine percent of total transportation of relation greenhouse gas emissions while also alleviating highway congestion.

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Click to edit subtitle

What the new intermodal

facility means for economic

development