“When fully implemented, our current forecast is an additional 400 to 600 employees.”

In context

“he quality of life for our employees and their families. Currently, we have a ratified agreement with our engineers that provides an 11 days on, 4 days off work schedule, and we are currently negotiating work rest with our conductors. For the company, this enables the railroad to better manage staffing levels as we receive a more predictable, available workforce. That reduces labor and failure costs, which combined support more consistent and reliable service, enabling long-term growth. We also believe it will improve our retention rate, reducing hiring expenses and loss productivity. Now these agreements come with a cost, which Jennifer will detail more later. As we implement them, we expect a larger training pipeline in the near term as well as elevated workforce levels in the future. When fully implemented, our current forecast is an additional 400 to 600 employees. Ultimately, the long-term benefit of these agreements is the positive impact on our employees and the service we provide for our customers. That enhanced service product will allow us to win in the marketplace. So to close, I would like to express my appreciation to both our customers for their support and the marketing and sales team for their continuous work to capture available demand and win in the new -- win new business. With that, I will turn it over to Jennifer to review our financial performance. Jennifer Hamann : Thanks, Eric, and good morning. Let me start with a look at the walk-down of our second quarter operating ratio and earnings per share on Slide 14, where we've outlined the major drivers. In the June 13 8-K, we disclosed a onetime ratification payment related to our”