APL Joins Panel to Advise on California Bond Funds

At issue: $2 billion for goods movement infrastructure

Sacramento, March 27, 2007 - Global container steamship line APL will join government, environmental and transportation industry leaders in advising the state of California on how to spend $2 billion to improve goods movement. 

Scott Smith, APL’s Director of Corporate Relations, was named this month to join the Trade Corridor Improvement Fund work group, a public-private advisory panel that will recommend criteria for allocating funds under Proposition 1B, approved by state voters last November.  APL is the only ocean carrier represented on the 60-member work group appointed this month by the California Transportation Commission (CTC).  Scott Smith, Director of Corporate Relations, will be APL’s representative to the group. 

The $2 billion in Prop. 1B funds will finance port, rail and highway projects that can improve freight transport in key California trade corridors.  By June, the work group is expected to deliver guidelines and criteria to be used by the CTC in selecting projects for funding.

The work group includes representatives from the state’s Department of Transportation, Environmental Protection Agency, and Business, Transportation and Housing Agency.  Executive port directors from Long Beach, Los Angeles and Oakland, as well as representatives from BNSF and Union Pacific railroads are also members of the group.

About APL
APL is a global container transportation company offering more than 60 weekly services and nearly 300 calls at more than 90 ports in Asia, Europe, the Middle East and the Americas. It combines world-class intermodal operations with leading edge IT and e-commerce. APL is a unit of Singapore-based Neptune Orient Lines (NOL), a global logistics and transportation company. APL Web site: www.apl.com

Media Inquiries:
Mike Zampa
Telephone: (1) 510 272 7380
michael_zampa@apl.com