“It's going to be like that in the first.”

In context

“know, 20, 30% margins that we have in the China to U.S. lane. So while we're seeing some offsetting volume growth, we are seeing margin pressure as a result of that. That also will abate as we go through the year. And what we expect to see is not only volume normalize but also margin improve as we go through the year. And look, I think the revenue quality actions that we're taking in international have helped to offset the volume declines in the third quarter and will continue to help drive revenue growth as we go through Q2, Q3, and Q4 of next year. Chris Wetherbee: Okay. But the EBIT decline, that's year over year sequential that you noted before? Year over year. Give me a moment. The way I would do it just simply is we were down 360 basis points in the fourth quarter. Yeah. Carol Tomé: It's going to be like that in the first. Yeah. Because nothing's changed until we actually anniversary, you know, Liberation Day and then the move of the de minimis exception. So just got some tough comparisons. But we'll manage through it and Kate's doing a really nice job of managing the network so that we can serve our customers because there is growth in parts of the world. Maybe you want to talk, Kate, about where you're seeing growth. Kathleen Gutmann: Yeah. Absolutely. We mentioned before, years ago, when we first saw the China lockdown, we invested heavily in Asia to burst diversification. And it has really unlocked growth. We're in Vietnam in a new air hub. And it's already 80% full for a five-year plan. So we've actually got double-digit growth going out of a lot of the Asian countries, but they're going to Europe and”