2007 Indiana Logistics Summit

1. 2007 Indiana Logistics Summit

2. Agenda • CSX Intermodal Overview • Freight Trends • Indiana Infrastructure and Opportunities • Intermodal Terminal Site Selection Criteria

3. CSX Intermodal Overview

4. CSXI offers access to most major US markets and ports • CSXI 2006 Volume & Revenue • 2.2 M Units Handled • ~60% International • ~40% Domestic • $1.4 B in Revenue • Nationwide network of over 40 terminals

5. Freight Trends

6. As Asian output grows and geographically expands, U.S.- bound routes and vessels will increase Eastbound : All Water Pacific Flow Eastbound : All Water Panama Canal Flow Westbound : All Water Suez Canal Flow

7. 6,929 Imports traditionally flow from the West Coast via Chicago; East Coast routings will participate in growth and share shift 1,767 1,419 3,174 4,793 Vancouver 2,952 2,088 16,661 605 Seattle NY/NJ 2,810 4,396 2,067 2,024 1,002 6,256 Tacoma Virginia 14,412 3,606 2,275 2,292 1,766 29,262 1,987 Oakland 5,347 14,194 Charleston (TEUs in thousands) 3,276 1,901 2005 7,644 LA/LB 2020 Savannah Port Volume Moving via Rail Forecast figures based on 6 year linear regression

8. 2004 Intermodal Share of Intermodal and Truck Freight Market By Mileage Block 43.7% 45.0% 40.0% 35.0% 29.4% 30.0% 25.0% Intermodal Share 20.0% 14.1% 15.0% 9.7% 8.7% 10.0% 1.8% 0.2% 5.0% 0.0% 0-300 300-600 600-900 900-1200 1200-1500 1500-1800 Over 1800 East Coast routings will favor direct rail solutions vs. the West Coast model 2004 Intermodal Share of Intermodal and Truck Freight Market By Mileage Block 43.7% 45.0% 40.0% 35.0% 29.4% 30.0% 25.0% Intermodal Share 14.1% 20.0% 8.7% 9.7% 15.0% 10.0% 1.8% 0.2% 5.0% 0.0% 0-300 300-600 600-900 900-1,200 1,200-1,500 1,500-1,800 Over 1,800 Source: 2004 Transearch Source: 2004 Transearch

9. Indiana Infrastructure and Opportunities

10. CSXI is invested in Indiana CN & CP Service • Indianapolis • International and Domestic service between Port of NY and New England • Evansville • International and Domestic service between West Coast and East Coast Capacity • Room to Grow • Opportunity for new services BNSF & UP = Key CSX Ports BNSF, UP & CN Connections

11. High Density Mainline corridor Medium Density Mainline corridor Low Density Mainline corridor Indiana is strategically located on 3 high density Intermodal routes ALBANY ALBANY ALBANY ALBANY BOSTON BOSTON SYRACUSE SYRACUSE SYRACUSE SYRACUSE BUFFALO BUFFALO BUFFALO BUFFALO DETROIT DETROIT CHICAGO NEW YORK CLEVELAND CLEVELAND CLEVELAND CLEVELAND CHAMBERSBURG CHAMBERSBURG CHAMBERSBURG CHAMBERSBURG PHILADELPHIA PITTSBURGH PITTSBURGH BALTIMORE COLUMBUS COLUMBUS COLUMBUS COLUMBUS INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS INDIANAPOLIS CINCINNATI CINCINNATI CINCINNATI CINCINNATI ST LOUIS EVANSVILLE EVANSVILLE LOUISVILLE LOUISVILLE LOUISVILLE LOUISVILLE PORTSMOUTH PORTSMOUTH PORTSMOUTH PORTSMOUTH NASHVILLE NASHVILLE

12. CSXI Indiana Market Reach CSXI Terminals 75 mile radius

13. Intermodal Terminal Site Selection Criteria

14. New Intermodal Terminal Site Selection Criteria • Located on a high density CSX mainline • Near a major metropolitan market • Anchor tenant with unit train quantities • Superior highway access and capacity • Large, contiguous land parcel (200+ acres) • Infrastructure capable of: • 100,000 units per year • 7,500’ + train • 200 – 300 units per train

15. Incentives for CSXI investments in Indiana • Enthusiastic community support for rail and transportation centric development • Department of Transportation cooperation • Coordinated Intermodal highway infrastructure approach • Public/Private collaborative investment approach with CSX • Ongoing productive communication • Full awareness of stakeholder roles • Real and creditable opportunity to meet large-scale transportation and logistics needs

16. Thank You!