A brief presentation of the maritime, logistics and distribution assets found in Hampton Roads. For more information contact HREDA Business Recruitment Manager, Chris Gullickson at 757-664-2633.
Maritime, Logistics, Distribution And Warehousing 1st Quarter 2009
1. 3 rd Quarter 2009 Maritime, Logistics, Warehousing and Distribution
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3. Population Source: U.S. Census Bureau Total Population: 1.6 million James City County 62,414 Williamsburg 12,481 Gloucester County 38,656 York County 61,027 Newport News 179,614 Poquoson 11,829 Hampton 145,494 Southampton County 18,480 Isle of Wight County 35,472 Suffolk 82,302 Chesapeake 220,111 Virginia Beach 433,746 Portsmouth 100,577 Norfolk 234,220 Franklin 8,877
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6. The Port of Virginia is served by 20 steamship lines offering weekly service to Europe and Asia Sources: The Virginia Maritimer, May/June 2006, July/August 2006; Port of Hampton Roads Annual 2007; Company Websites An estimated 70% of the Virginia Port Authority’s business is now secured with 10-year contracts, including shipping lines such as The Grand Alliance, CKY, China Shipping, Turkon, MSC, ACL and most recently CMA CGM and Emirates Shipping Line Shipping Lines Sampling of Hampton Roads shipping companies: * CMA CGM, ZIM Integrated Shipping Services and MAERSK Line Limited are headquartered in Hampton Roads
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9. Half Moone Cruise and Celebration Center Completed in March 2007 with 80,000 sq. ft. of passenger and event space, the terminal is the first in the U.S. to fully comply with current Homeland Security standards. Carnival Cruise Lines and Royal Caribbean make the new Half Moone Cruise and Celebration Center a home port Sources: Virginia Business Magazine; Half Moone Cruise and Celebration Center Website; ShipsandCruises.com Passenger Cruise Industry Half Moone Cruise Terminal
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11. Sources: Port of Hampton Roads Annual 2006; Company Websites Logistics, Distribution And Warehousing Major Warehouse Providers
12. Given the combination of strategic location, superior transportation options and plentiful real estate, Hampton Roads has become a preferred location for major distributors. Sources: Company Websites, HREDA Research, The Virginian Pilot, Co-Star Real Estate The above table is just a sampling of corporations with distribution centers in Hampton Roads and is by no means a complete list Major Corporate Distribution Centers Logistics, Distribution And Warehousing Distributors (250+ Employees) Employment Facility Size (sq. ft.) Lillian Vernon 200 300,000 QVC (Suffolk) 1,000 1,000,000 Ferguson Enterprises 800 140,000 (HQ) AAFES Dan Daniels 800 1,295,000 SYSCO Food Services 490 300,000 Cost Plus 225 1,000,000 Dollar Tree 650 114,000 Target Corp. 300 1,788,000 US Food Service 300 202,000 Chesapeake-Noland Company 1,300 95,000 Wal-Mart 600 2,054,000
13. Hampton Roads is linked to domestic markets by one of the country's most modern interstate and state highway systems. Interstate 64, a major east-west route, encircles the metropolitan area and connects Hampton Roads to I-95—a principal north-south route. Additionally, U.S. Routes 58 and 460 connect Hampton Roads to I-95 and I-85. To the East, the Chesapeake Bay Bridge Tunnel saves 90 miles to the New York/New Jersey corridor and gives coastal highway traffic direct access to Hampton Roads. Rates are an estimate based on a full truckload with 52 stackable 4 ft. x 4 ft. pallets with total weight of 10,000 lbs. Sources: Virginia Department of Transportation; Virginia Port Authority, January 2008; Travelnotes.org; FreightQuote.com Trucking Hampton Roads’ Interstate System
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16. “ As a Fortune 500 company with a global market, Norfolk Southern Corporation is proud to call Hampton Roads home. A business friendly region, Hampton Roads is populated by a talented, diverse workforce and it offers an outstanding quality of life. The region’s educational institutions are among the finest in the Commonwealth. From a world-class symphony and museum to scores of other artistic and entertainment values, its cultural abundance provides an array of options for our people outside of work.” Wick Moorman CEO, Norfolk Southern Corporation "What better place than Hampton Roads stands out as a site for this relocation? Hampton Roads has the largest concentration of skilled and highly competent marine specialists on the East Coast, and is ideally situated for a parts distribution center for America's service needs.” Jack Finnegan President, MacGREGOR (USA), MacGREGOR Group “ Southeast Virginia is seen as a strategic location for NYK Logistics’ major East Coast presence. Centrally located with excellent port facilities and infrastructure, our expansion here further enables us to provide a full complement of logistics services for our clients. That, combined with a talented workforce and a business-friendly community, made this an easy choice.” Lane Turner President, Warehouse Division NYK Logistics Inc Hampton Roads Logistics Business Community “ We are absolutely thrilled with the people from the community we can call team members. I can’t say enough about their work ethic. It has always been easy to recruit talented people here.” Mark Irvin General Manager, Suffolk Location Target Import Warehouse
17. Contact HREDA HREDA.COM U.S. Headquarters: 500 Main Street | Suite 1300, Norfolk, VA 23510 USA 11820 Fountain Way | Suite 301 Newport News, VA 23606 USA T: +1.757.627.2315 | F: +1.757.826.6706 World Trade Center Birkenstrasse 15 28195 Bremen, GERMANY T: +49.421.174660 4 East Bank House Tide Mill Way Woodbridge, Suffolk 1P12 1BY UK T: +44.1394.610022 T: +1.757.627.2315 | F: +1.757.623.3081