Moving Infrastructure Forward - Investor Presentation slide image

Moving Infrastructure Forward - Investor Presentation

Barge Market Overview Inland barges serve a diverse set of commodity markets Dry cargo transported by inland barge, by commodity (%) Liquid cargo transported by inland barge, by commodity (%) Agricultural Iron/Ores / Scrap Manufactured Goods/Other 4% 11% Sand, Gravel, 23% Stone, And Other Coal and Coal Coke 33% 29% Food and Farm Products 1% Petrochemicals and Chemicals 22% 58% Refined Products 19% Black Oil Total hopper barge fleet: 18,819 barges Average age: 14.6 years Recent softness from oversupply of dry barges, but replacement demand as fleet continues to age Sources: US Corps of Engineers (2016-2017), Informa Economics 54 / Moving Infrastructure Forward - Investor Presentation, October 2018 Total fleet: 3,617 barges Average age: 14.7 years Strong demand for liquid barges in last 6 months across wide variety of commodity types ARCOSA
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