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STAYING AFLOAT IN CHOPPY WATERS March 2009 John Stokes Highstar Capital - Partner

STAYING AFLOAT IN CHOPPY WATERS March 2009 John Stokes Highstar Capital - Partner. THE TRANSPORTATION INDUSTRY IS IN TURMOIL. DECLINE IN IMPORT CONTAINER VOLUMES Port of Long Beach down 23.3% in January 2009 vs. January 2008 1 Port of Los Angeles down 7.6% in January 2009 vs. January 2008 2

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STAYING AFLOAT IN CHOPPY WATERS March 2009 John Stokes Highstar Capital - Partner