“But that was what we were intending to communicate is we can still get to a 55, but we're not going to be able to snapback into that range we don't believe in 2023.”

In context

“next year given uncertainty of the macro. Is that the only thing that's keeping you back from giving a 55 -- in other words, if we see even modest growth next year, is 55 achievable for next year? Jennifer Hamann : No. Hopefully, what you heard from us is say that while we still absolutely have that goal, the road to getting there is longer. And it would be a pretty big stretch for us to go from again, something less than a 60 when you take out the $92 million, but call it a high 59 kind of OR to get into that 55 range next year. That's not where we think that we can get to. We certainly believe that we can get improvement. And the level of that really is going to be dependent on how we see the macro environment shape up to a degree, and that's where we're still putting the plan together. But that was what we were intending to communicate is we can still get to a 55, but we're not going to be able to snapback into that range we don't believe in 2023. Walter Spracklin : And that's the swing factor to volume. You feel confident enough that network fluidity and all those issues will be kind of resolved next year that, that won't be a significantly constraining factor. Is that right? Lance Fritz: Yes. Running the railroad normally, being a normal kind of operation next year, that's not a constraint. The constraints are lots of incremental inflation. Volume, that's a question mark as to exactly what it's going to look like. So you've got that right. Next year is a normal railroad and basically back to squeezing out incremental efficiencies with a lot of inflation that we're going to have to find to overcome. Jennifer Hamann : Yes, I was just going to say, as you know, we don't have the access to reprice 100% of our contracts next year. So”