“And significant inflation headwinds remain primarily in the form of the new labor agreements.”

In context

“as we continue to be A rated by our three credit agencies. Wrapping up now on slide seven. The overall financial story and outlook for the remainder of 2023 is largely unchanged. We're facing a demand environment where we don't expect full year volumes to exceed industrial production. We do, however, still expect to generate pricing dollars in excess of inflation dollars. Although as we've discussed through the year, not to the level that offsets the negative impact of elevated costs on our operating ratio. Fuel also remains a headwind on earnings per share, although moderating from the $0.34 negative EPS impact in the third quarter to approximately $0.10 of negative year-over-year impact in the fourth quarter. And that assumes fuel prices in the fourth quarter are around $3.30 a gallon. And significant inflation headwinds remain primarily in the form of the new labor agreements. We expect similar levels for fourth quarter paid sick leave expense to third quarter and the impact of the BLET work rest agreements will primarily be seen through elevated force levels. Finally, our capital plan is coming in a little bit higher at $3.7 billion. All that said, the important takeaway from today's results and our view of tomorrow is that we're making gains from maximizing growth opportunities and repricing our business to improving service and generating productivity, we're striving to build on the current momentum as we end 2023 and enter 2024 on a path to further financial improvement. With that, I'll turn it over to Kenny to give us a view of the business environment. Kenny Rocker: Thank you, Jennifer, and good morning. You just heard from Jennifer that freight revenue d”