March 2010

Toledo Express Airport

Cargo Development Opportunities

Joe Cappel, Director of Cargo Development

Table of Contents

1. Summary2. TOL Provides Exceptional Access to the Eastern and Midwestern

U.S. and Canada3. TOL’s Market Characteristics4. TOL is one of three remaining U.S. Air Cargo Hubs5. TOL’s Domestic and International Network6. TOL: Low Cost, No Congestion, High Efficiency7. BAX Expedited Truck Network8. TOL Provides Value and Efficiency9. TOL is a Full Service Airport10. Regional Transportation Assets11. Room to Grow12. Opportunities

TOL Provides Exceptional Access to the Eastern and Midwestern U.S. and Canada Trucks departing TOL

can reach Ohio, Indiana, Michigan, parts of Pennsylvania and Kentucky and even reach Chicago within 5 hours.

Our location at the crossroads of I-75 and I80/90 makes Toledo accessible from all directions.

TOL Provides Exceptional Access to the Eastern and Midwestern U.S. and Canada By land, sea, or air

we have immediate intermodal links with rail and trucking lines plus an international seaport connected to global markets via the Great Lakes St. Lawrence Seaway System.

TOL’s Market Characteristics

Located in the heart of the Great Lakes Region, Northwest Ohio has built a strong manufacturing, industrial and agricultural base.

Access to the Great Lakes, combined with the region’s international air cargo hub, and one of the leading rail centers in the country makes Northwest Ohio a global platform for doing business anywhere in the world.

In 2009, 37 Fortune 500 Firms were located in Northwest Ohio, with Dana Corporation, Owens Corning and Owens-Illinois headquartered in Toledo. The Andersons, Libby Owens Ford, HCR Manor Care and Pilkington are some of the other major publicly held corporations headquartered in Toledo.

TOL’s Market Characteristics

Percentage of U.S. Industrial Markets

Within 500 Miles (800 km)

Within 250 Miles (400 km)

Proximity to Northwest Ohio

2nd Day Service 1 Day Service

Car & Truck Assembly Plants

77% 39%

Primary Metals 64% 39%

Transportation Equipment

55% 36%

Machinery (except electrical)

55% 20%

Rubber & Plastic 54% 22%

Fabricated Metal Products

52% 29%

Canadian Industrial Markets

47% 25%

Electric & Electronic Equip.

44% 17%

Food & Kindred Products

43% 38%

Percentage of U.S. Consumer Markets

Within 500 Miles (800 km)

Within 250 Miles (400 km)

Proximity to Northwest Ohio

2nd Day Service 1 Day Service

Total Area Population

93,860,000 37,050,000

% of U.S. Population

38% 15%

% of Retail Sales 37% 14%

% of Effective Buying Income (U.S.)

39% 15%

% of Effective Buying Income (Canada)

38% 25%

Source: U.S. Census Bureau & Regional Growth Partnership

TOL as one of Three Remaining U.S. Air Cargo Hubs

Toledo is the North American hub for the dedicated freighter network (domestic & international) of Schenker/BAX Global (DB Schenker). BAX Global runs a hub –and – spoke network from Toledo supported by 20 strong fleet of freighter aircraft and a regional trucking network.

Unlike the major integrators (FedEx & UPS) who generate revenue from small package express, Schenker specializes in heavy freight for industrial shippers.

The Toledo sorting facility is 279,000 s.f., including a 50 acre ramp, 2.6 miles of conveyor sorting, 900+ employees, and annual volume of 350-500 million pounds.

TOL’s Domestic and International Network BAX Global freighter network consists of 727-200Fs operated for BAX by Capital

Cargo and DC-8Fs operated by Air Transport International, both subsidiaries of Air Transport Services Group (ATSG).

Other freighter operations include weekly 747-400F flights operated jointly for DB Schenker and Emirates on a turnaround basis from Dubai and Frankfurt by Atlas Air and a weekly service for Qantas that stops in TOL for cargo prior to departure to Australia.

The BAX Forwarder Network provides service to forwarders in the U.S., Canada, and Mexico utilizing BAX Global’s integrated air and ground network

Schenker is number two in global air freight, number 3 in global sea freight and number six in global contract logistics.

Weekly scheduled round trip flight linking Toledo with Dubai and Frankfurt on shared Emerites / Schenker flight

Neutral Cargo Handlers offer domestic and international freight handling not associated with a particular airline or forwarder

TOL: Low Cost, No Congestion, High Efficiency

Air Cargo Security: Congested Gateways will need to follow new cargo screening requirements while dedicated air cargo carriers may bypass these requirements making TOL more efficient for cargo throughput.

Worldwide air freight capacity will become increasingly dependent on dedicated carriers as passenger market softens.

The BAX truck network can support the increased role of ground transport in domestic air cargo supply chains keeping costs low.

BAX has 4 million pounds of sorting capacity each day at their TOL facility

A truck leaving Toledo can reach points in the Chicago market area in the same as a Truck leaving Central Chicago could in heavy traffic

BAX Expedited Truck Network

Truck Capabilities:

Locations that can serviced Monday AM are in RED

Locations that can be serviced Tuesday AM are in BLUE

Toledo Provides Value and Efficiency

Reduced Flight Pattern Approach and Taxi Time Reduced Turn Around Time Flexible Aircraft Ops and Ramp Access

Taxi Time to wheels up = 5-7 minutes Open arrival and departure slots with no curfews Full complement of aircraft and cargo ground support

equipment Reduced Ground Operation Cost for Air Carriers

Lower Landing Fees Lower Aircraft and Cargo Handling Fees Lower Fuel Costs

TOL is a Full Service Airport Runway: 10,600’ runway accommodates a full mix of all weather

cargo operations including 747 with Category 1 Instrument Landing Systems at both ends of the runway.

Customs: Available with required notice

Jet Fuel Service Center: Two 250,000 gallon tanks

Aircraft Maintenance: Available as needed

Cold Storage: 5000 s.f. available for perishable cargoes and general use.

FTZ: BAX Global is the operator of the general purpose FTZ at TOL. Benefits include the deferral, reduction or elimination of duties.

TOL is a Full Service Airport

Military: Home to Air Force National Guard 180th Fighter Wing Passenger: Allegiant Air, American Airlines, Delta, & Direct Air

provide passenger service at TOL. Full Time Security At All Facilities Neutral Gateway Services provided by LGSTX assures

confidentiality Ground transportation network includes all major carriers LTL, TL,

Flatbed, bulk, specialized and expedited services Accommodations: There are a sufficient number of hotels,

restaurants and other amenities in close proximity to TOL Car Rental and Limo Service: Available through Alamo,

National, Avis, Budget, Hertz, Enterprise, and A1 Accurate Limousine and Airport Service

Regional Transportation Assets

Highway: Toledo is located at the cross-roads of I-75 and I80/90. The I-80 Ohio Turnpike has the distinction as the only major transcontinental corridor from California to New Jersey. It accesses the airport just north of the terminal building and can be reached in 8 minutes day or night. Major cities accessible from TOL are: Detroit (60 miles), Chicago (225 miles), Cincinnati (200 miles), Columbus (140 miles),

Cleveland (115 miles), and Indianapolis (250 miles). Atlanta (700 miles), New York (600 miles).

Rail: Major intermodal yards for CSX (National Gateway) and NS (Airline Junction) are located within 50 miles of TOL. CN terminates in North Toledo.

Marine: the Port of Toledo offers 15 terminals and a full service shipyard. The Seaport handles over 12 million tons and 700 vessels each year and is the largest land mass seaport on the Great Lakes.

Room to Grow

South Development Area contains 75 acres in initial offering capable of supporting nearly one million s.f. of development.

Site is adjacent to 78 acre (non exclusive) air cargo ramp Infrastructure improvements are ongoing

Opportunities

Utilize TOL as a low-cost distribution point for the Midwest for freighter aircraft carrying international air freight from Asia

Develop facilities for major international forwarders near TOL Opportunity for overseas carriers to link into BAX’s trucking

network Opportunity for additional neutral operators at TOL utilizing their

own networks or BAX network while protecting the identity of their customers

Opportunity to construct additional transportation and logistics infrastructure on south side of airport to support air cargo operations.

Contact Information

Toledo-Lucas County Port AuthorityJoe Cappel, Director of Cargo DevelopmentOne Maritime Plaza, 7th FloorToledo, Ohio 43604 USAP: +1 419 243 8251M: +1 419 260 9983F: +1 419 243 1835E: jcappel@toledoportauthority.orgW:www.toledoexpress.com, www.toledoseaport.org,

www.toledoportauthority.org