Richard Larrabee Selected as 2010 Person of the Year by NY/NJ Forwarders & Brokers Association

NEW YORK, N.Y. (November 30, 2009) - The New York/New Jersey Foreign

Freight Forwarders and Brokers Association, Inc. selected Richard M.

Larrabee, Director of the Port Commerce Department of The Port Authority of

New York and New Jersey, to receive the 2010 Person of the Year Award. For

93 years, this award has recognized those who significantly impact the

region's global trade community.

The award will be presented during the annual dinner at the Marriott

Marquis Hotel in New York on Wednesday, January 27, 2010. The dinner is one

of the largest transportation industry events in the country, attracting

approximately 900 guests every year.

Mr. Larrabee is being honored for his leadership in the management and

operation of the major marine terminal facilities within the largest port on

the East Coast in North America-the Port of New York and New Jersey, said

Matthew Brauner, Association President.

Mr. Larrabee manages a multi-billion dollar port redevelopment program that

includes reinvestment in marine terminal facilities, deepening harbor

channels and berths, improving intermodal connections and protecting

sensitive marine environments. The redevelopment program is positioning the

Port of New York and New Jersey to accommodate future growth that is

projected to double over the next decade and could quadruple by 2040.

Prior to joining the Port Authority, Richard Larrabee held the rank of Rear

Admiral in the United States Coast Guard. He served as Commander First

Coast Guard District in Boston, MA, where he oversaw all Coast Guard

operations in the Northeast United States. Within his 32 year Coast Guard

career, Rear Admiral Larrabee held a variety of operational and staff

assignments, including command at sea and shore assignments. For his

service, he has received two Distinguished Service Medals and three Legion

Merit Awards.

Mr. Larrabee holds a Master of Science degree in Ocean Engineering from the

University of Rhode Island and a Bachelor of Science degree from the United

States Coast Guard Academy.

Tickets and information about the award dinner are available from the

association office at (732) 741-1936 or info@nynjforwarders-brokers.org.

Guests may register online for the awards dinner at

www.nynjforwarders-brokers.org.