LEADING GATEWAY FOR U.S.-ASIA TRADE

Transcription

1 PORT OF LONG BEACH

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4 LEADING GATEWAY FOR U.S.-ASIA TRADE 4

5 STATE TIDELANDS TRUST PROMOTE TRADE, BUILD PORT

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8 PORT OF LOS ANGELES PORT OF LONG BEACH WORLD S 9 TH BUSIEST PORT COMPLEX *BASED ON 2017 CONTAINER CARGO VOLUMES

9 BUSIEST CONTAINER PORTS 1. SHANGHAI, CHINA 2. SINGAPORE 3. SHENZHEN, CHINA 4. NINGBO, CHINA 5. HONG KONG 9. POLB/POLA 17. LOS ANGELES 22. LONG BEACH *millions of twenty-foot equivalent units (teus) or 20-foot-long containers 9

10 BUSIEST U.S. CONTAINER PORTS LOS ANGELES 2. LONG BEACH 3. NEW YORK/NEW JERSEY 4. SAVANNAH 5. SEATTLE/TACOMA *millions of twenty-foot equivalent units (teus) or 20-foot-long containers 10

11 8.1 MILLION TEUs in HIGHEST IN PORT HISTORY

12 CONTAINER TOTALS THROUGH 2018 Empties Exports Imports *millions of twenty-foot equivalent units (teus) or 20-foot-long containers 12

13 TOP TRADING PARTNERS TOTAL EXPORTS, CONTAINERS AND NON-CONTAINERS COMBINED TAIWAN, 905,258, 5% INDONESIA, 826,766, 5% MEXICO 4% AUSTRALIA, 730,628, 4% SOUTH KOREA, 1,551,065, 9% VIETNAM, 299,806, 2% INDIA, 488,966, 3% OTHER, 3,155,135, 17% CHINA, 5,999,401, 33% JAPAN, 3,246,977, 18% *BASED ON 2017 METRIC TONS 13

14 TOP TRADING PARTNERS TOTAL IMPORTS, CONTAINERS AND NON-CONTAINERS COMBINED SOUTH KOREA, 1,973,479, 5% IRAQ, 1,813,046, 4% JAPAN 4% ECUADOR, 1,629,146, 4% MEXICO, 1,511,840, 4% PANAMA, 1,976,289, 5% ANGOLA, 1,158,617, 3% SAUDI ARABIA, 2,465,481, 6% CHINA, 15,315,868, 37% OTHER, 11,506,087, 28% *BASED ON 2017 METRIC TONS 14

15 CARGO FORECAST M M M *millions of twenty-foot equivalent units (teus) or 20-foot-long containers

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17 CONNECTED ACCESS TO MAJOR U.S. RAIL HUBS CHICAGO LONG BEACH KANSAS CITY DALLAS HOUSTON MEMPHIS ATLANTA 17

18 Rail Operations BNSF and UP service both POLB and POLA Pacific Harbor Line handles on-dock rail operations within the Port, not the Class 1s Alameda Corridor provides rail service to Ports

19 ON-DOCK RAIL TODAY Vast Majority of Cargo Trucked Out of the Port TRUCKED 76% ON-DOCK 24% 19

20 ON-DOCK RAIL TOMORROW Clean Air Action Plan Calls for At Least One-Third Rail TRUCKED 65% ON-DOCK 35% 20

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22 $1 BILLION Investment in Rail Improvements

23 ON TRACK FOR TOMORROW PIER B ON-DOCK RAIL F o u r t h Tr a c k A t O c e a n T. I. W y e Tr a c k R e a l i g n m e n t D o u b l e Tr a c k A c c e s s F r o m P i e r G To J

24 Pier B On-Dock Rail Support Facility Project Objectives Maximize on-dock rail efficiency More cargo on trains Relieve rail line congestion with expansion of storage tracks accommodate up to 10,000-foot trains Reduce congestion on local streets and highways Enhance utilities and modernize aging infrastructure Improve motorist and rail safety by eliminating existing at-grade crossing at 9 th Street and Pico Avenue

25 Pier B On-Dock Rail Support Facility

26 Pier B No Project Alternative Pier B On-Dock Support Facility

27 Connects to Alameda Corridor Locomotive Layover and Fueling Area Add 5 Arrival/Departure Tracks Add 31 Tracks Remove Shoemaker Ramps Widen Bridge Over Dominguez Channel to Add One Additional Track Realign and Widen Pier B Street Close 9 th Street Rail Crossing Pier B Realign Pico Avenue Add 4 Tracks on Pico Ave. 12 TH STREET ALTERNATIVE PIER B ON-DOCK SUPPORT FACILITY

28 BUILD 5 NEW 10,000 FT ARRIVAL AND DEPARTURE TRACKS SERVE UP TO 17 TRAINS PER DAY

29 EXPAND RAIL YARD 4X STORAGE CAPACITY

30 CONSTRUCT 1 YARD LEAD ON EAST END CONSTRUCT 2 YARD LEADS ON WEST END STREAMLINE ON-DOCK RAIL FLOW

31 CONSTRUCT NEW LOCOMOTIVE LAYOVER FACILITY RESUPPLY 24 LOCOMOTIVES ALLEVIATE NETWORK CONGESTION

32 IMPROVE AT-GRADE CROSSING SAFETY CLOSE AT-GRADE CROSSINGS IMPROVE PIER B ST. & PICO AVE. IMPROVE ROADWAY SAFETY AND CAPACITY

33 PROGRAM BENEFITS Higher ACTA Revenue due to rail growth Improved Competitiveness Mode Shift From Truck to Rail Lower Emissions Reduced Shipping Cost

34 $870M RISK BASELINE PROGRAM BUDGET BASED CONTINGENCY ESCALATION PROPERTY ACQUISITION OIL FIELD RELOCATION UTILITY RELOCATION 9 TH ST AT-GRADE CROSSING CLOSURE EARLY RAIL IMPROVEMENTS PIER B ST FREIGHT CORRIDOR RECONSTRUCTION RAIL YARD EXPANSION

35 $870 MILLION PIER B BUDGET ($millions) PHASE 3, $109 PLANNING, $35 PHASE 2, $112 PHASE 1, $42 RIGHT OF WAY, UTILITIES, $567 35

36 Regulatory/Legal Hurdles NEPA/CEQA environmental review Tidelands Trust obligations Eminent domain/acquisition issues Rail agreements Funding options and associated regulatory requirements

37 PROGRAM BASELINE SCHEDULE Advertise to Award Engineering Contract JULY JUNE 3 0 % D e s i g n D e v e l o p m e n t JULY MAR Detailed Design & Right of Way 9 th Street At-Grade Crossing Closure MAR JUN DEC R a i l P h a s e 1 MAR JUN $370M $270M $170M $70M $40M

38 PROGRAM BASELINE SCHEDULE S t r e e t a n d U t i l i t y C o n s t r u c t i o n NOV AUG Rail Phase 2 Construction NOV MAR Rail Phase 3 Construction MAR JUN $870M $870M $770M $670M $570M $470M $370M

39 $870M TARGET: 14 YEARS SEQUENCED DELIVERY AND BENEFITS FINANCIAL PLAN AND STAKEHOLDER OUTREACH FREQUENT UPDATES

40 STAKEHOLDER OUTREACH UPDATE PUBLIC ON PIER B STATUS PERIODIC COMMUNITY MEETINGS TARGETED E-NEWSLETTER WEBSITE AND SOCIAL MEDIA

41 Questions?