20 annotations
intermodal side and break up between both domestic and international
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2022 Q3
21 Oct 22
We have seen the inventory rise a little bit.
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2022 Q3
21 Oct 22
on the domestic side
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2022 Q3
21 Oct 22
we're seeing the percentage of traffic that goes on to the West Coast and move to our inland facilities increase.
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2022 Q3
21 Oct 22
We've seen the spot rates lower, but we haven't seen that in the contract rate.
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2022 Q3
21 Oct 22
domestic intermodal demand as spot truck rates fall
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2022 Q3
21 Oct 22
2023. While we are not yet ready to share our outlook
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2022 Q3
21 Oct 22
Intermodal volume was flat. Domestic intermodal was down 3% due to softening demand driven by a 16% decline in parcel shipments.
However, international volume strengthened by 4% from ocean carriers shifting more freight to inland terminals.
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2022 Q3
21 Oct 22
markets are softening a bit, and that is resulting in a slight reduction in our overall volume expectations, now more in the range of 3% growth for full year 2022
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2022 Q3
21 Oct 22
we are now A-rated across all 3 credit agencies
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2022 Q3
21 Oct 22
during the quarter, we received an upgrade from Moody's to A3
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2022 Q3
21 Oct 22
The operating team is executing on its plan to improve operating performance and capture additional unmet customer demand.
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2022 Q3
21 Oct 22
we expect construction to be a positive due to strong project demand in the south
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2022 Q3
21 Oct 22
The forecast for industrial production is decelerating, and demand is softening in forest products.
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2022 Q3
21 Oct 22
For coal, we anticipate continued favorable natural gas prices to generate demand
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2022 Q3
21 Oct 22
We expect biofuel shipments for renewable diesel to continue to grow due to solid market demand and business development wins.
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2022 Q3
21 Oct 22
We expect parcel and truckload demand to remain soft as consumer preferences have shifted more to experiences versus goods.
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2022 Q3
21 Oct 22
Although overall volume was up, we undoubtedly had left demand on the table as we continue to improve service across the network.
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2022 Q3
21 Oct 22
Third quarter volume was up 3% compared to a year ago
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2022 Q3
21 Oct 22
we had 310 basis points of margin deterioration in terms of the service inefficiencies and the inflation
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2022 Q3
21 Oct 22
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