“We expect to outperform that market, however, through our new business with Schneider, as well as opportunities to grow with other private asset owners and our strong IMC partners.”

In context

“tural gas prices have come off their highs, low inventories will continue -- will support continued demand. We are keeping a close eye on natural gas prices, given the price impact of our index based contracts. In addition, we expect biofuel shipments for renewable diesel to continue to grow due to solid market demand, new production facilities coming online and business development wins. Moving on to Industrial. The forecast for Industrial production is to shrink slightly in 2023 and the demand is softening in forest products. However, we expect to see continued strength in metal with new business wins. And lastly, for Premium, we expect the entire Intermodal market to be challenged, both international and domestic by high inventory levels, lower truck rates and temper consumer spending. We expect to outperform that market, however, through our new business with Schneider, as well as opportunities to grow with other private asset owners and our strong IMC partners. We expect automotive growth to be another bright spot in this segment driven by production strength and inventory replenishment. As I wrap up my comments, I want to take a moment to express my gratitude to our customers and the operating team. Over the past month, extreme weather events impacted large portions of our network and I want to thank our employees who safely worked around the clock in harsh conditions to keep the railroad running for our customers. And with that, I will turn it over to Eric to review our operational performance. Eric Gehringer: Thanks, Kenny, and good morning. Starting on Slide 10, safety is at the foundation of everything we do. We have enhanced our training programs and are working to solidify our safety culture through ownership and personal accountability.”