Mike. you, Thank
In segment. our our the our industry RUPS with in each businesses, traffic for Railroad slow rail business, start Regarding and the legacy as outlook Services lackluster, to was quarter. like Products Utility remains second of I'd data again, the and
first carload of Association Railroads units that down year. the XXXX total X.X%, AAR, X.X%. American down and or traffic U.S. six intermodal from the was containers of same months, period The With as reported trailers defined, last for
the was and weeks XX a Total decrease of X.X%, which combined units, for first traffic to XXXX, was year. million intermodal last XX.X carloads compared U.S. approximately of
a in the Now was, continuing sluggish housing with partners. to lower combination of manufacturing tensions decline traffic and market overseas rail trading output, likely due
asset At of railroading being spending cash on time, heavy-haul and railroads ways levels, historical weight focused I operating precision Class improve less ties. declined, tracks reduce same loads wear or to from yielding loads on flows. and finding number ratios transported, meaning and The has remain lighter utilization, are the
maintains As replacements relatively having the having contingent Railway levels, million flat, the Association lumber. activities for near supply an over of reverted to current years. crossties projection have or XXXX, to in nearly below historic of on result, tie its crosstie RTA, or to adequate, approximately forecast million XX.X According a remained industry replacement recent XX
I'd six is year, first the to estimate of industry months upon closer end tracking the the Based of low that range. this
be of the less untreated As continues in to the to levels surveys, ideal of with fuel a buyers according than whole, RTA industry challenged crossties. inventory of
inventory crosstie, for said procurement Now seen has us would the improving tie treatment. for available to success of have building sufficient been one we've the demand I challenge while keys coming for year, into the this dry in crossties, be XXXX.
and the treatment. of coming That improves second less quarter, tie X% in than The for This levels news utilization, off helps year-over-year saw XX%. up that, is improvement. our effective year-over-year, fixed by to both for saw procurement Koppers we first funnel where was close quarter we good the cost cost
A, big Thanks extremely, goes been to his who doing shout Heller out and amazing an job have crew, challenging John. John conditions. under
years trough tie and volume demand to after XXXX treated of volumes in ties year-over-year dry line untreated last likely We due improvements with to reflect availability. expect for year will and XXXX the while XXXX, remain
Just are to discussions business being be to due availability. demonstrate on us the that this some The industry, that, crosstie crosstie traction field, been lead several on in rail opportunity, primarily car enables we're gaining our to will in as our leading replacement. we But capabilities we thus loop the far given it close to has importantly, hopeful challenged seem industry. this rail the the to year, to recovery business
Regarding our some UIP utility saw second in softness and our by performance industrial business in Australia. quarter, business, strong in products, U.S.-based our we partially the offset
ongoing relating of at office to this support solid, goods. remains this ways to reduce our which throughout is with will of while we've safety remain the mostly Integration point, most back of work Demand the complete uncovered innovative cost systems, remaining year. and functions
more As very and and synergies touch we deploy each find to the the we organization, across many passes, expertise and arena. points treating in our industrial residential leverage to wood opportunities day both that due
the we UIP For overall, subsequent identification we strong our business our the expect from into of expect for level synergy with profit that year. business, RUPS XXXX, balance of which our this this procurement year continued underpins cross-tie for will Likewise, current expectations throughout years. maintain performance roll capture and additional to
increasing at slide to the the As end by we're eight, keeping million adjusted slightly end RUPS $XX and by $X guidance for on higher our million. increasing reflected lower range the of $XX EBITDA segment, million
will difficult environment. a supply continue, strength the expect despite half that our first of We
May. slightly And an that to mixed. home following of million to continue of with According to an Realtors $XX trends would existing June million National approximately And the increase to our Performance year. prior compared adjusted an fell margin business, EBITDA uptick or X%. NAR economic be Association $XX sales equate in the In of in Chemicals
sales May ago. Total fell were X.X% June in existing down X.X% from home year a and from
increase major the experienced in regions region U.S. the declines. an south saw four the west With sales and while
uneven According the largely the to the homebuyers. traditional demand prices national first shortage sales is of housing causing rise to performance, for homes, and above supply with budgets time NAR, blame of the to outstripping
considerably Center of Remodeling XXXX quarter Activity Harvard the by by Studies remodeling X.X% Joint LIRA middle Indicator growth As is forecasted X.X% slow by Leading XXXX. year-over-year the or to at Housing of currently in from for homeowner of University the expenditures second of expected to the
billion is even nationally the related to considering expected improvements decline and Spending to projected $XXX home long-term grow to repairs.
help However this it's some possible that more favorable mortgage soften rates to may slowdown degree. to
Consumer further in its but business Board tensions and Confidence result in any favorable rose compares to June trade conditions, Conference in consumers May. July The in labor are XXX.X optimistic in XXX.X tariff and Near-term with market outlook can in level Index about relatively a and highest less XXX.X and escalation This XXXX. volatility.
annualized out raw at Our direct actions that's material some business most minimally our segment form pricing. source could components not we escalate, of to $X that have be been to the is if impacted, have million million able risk but do higher China. continues of we of but try $X as of will tariff PC we may exposure the segment to of in recoup To-date situation the we
cautious to in Another to where we've first an inventory to building as in have a is and When in they could increase in XXXX, were recently good treaters is lumber important prices of and lumber are be treating that activities. factor trend prices the that volatile seen expected half stabilized consider in tend as prices. their orders. news The lead the decrease
and have or higher materials incurred average year overseas. from material XXXX in supply our costs sourced to higher for prices side, volatility chain for we prior cost raw the and due related than copper hedge On
action the partially higher processing expect material key from the savings Also raw To our we this due our price our pricing year plan expansion improved with capacity XXXX additional position of of offset feedstocks. impact costs cost internally and for increases implementing some XXXX. half we input in began have second to additional
be As in help the goals locked we've our other profit we side PC spending of achieve action, forms relatively of should year. also ensure equation as as the avoid for for we tariff long can to further this cost attacked
be for XXXX tracking some currently would have below us on quarter, that PC a second we're in dependent environment see relatively and got start acceleration slow quarter. to the X% to healthy in expectations to in continue a growth but Our X% we demand began that first as achieve to off volume the
are should the we wins secured trends the the earlier get account fully converted year. that that end market overall has picked low we've at range Recent major this to and least indicating up now as we the of
of EBITDA million and of the lower at we the presentation, primarily keeping of are we for X $XX That's end damaged due to higher XXXX. $XX the in to million and range PC about the half by end fire of million. in at slide adjusted Zealand Page estimated that million received $X facility our our related increasing New to QX the the On end the QX $X insurance at in that proceeds half
Since we've prior we and result $XX million bearing our third-parties expect [Technical rebuild The time to for as running additional to that the adjusted this securing through Difficulty] equate expectations PC approximately net rebuild EBITDA later continue million that have of an compared and $XX been supply the plant of and an margin up of year. increase year. of with to it to -- of cost
production aluminum Chemicals at Trade benefiting helped from imported to Next, levels pitch pitch. on steel and demand leading favorable business. have the and Europe U.S. car we're demand and increased aluminum in for domestically. Australia, increase carbon carbon tariffs our let's Materials America look In North
share. in work pressure market pricing as some increase to various regions seeing are their competitors We
globally pitch and in constrained in furnace gains tar capacity. markets coal remains raw carbon to reductions due Europe in blast material offset supply have sales steel Softer
begun play, maximize anhydride our consider its soften a our true cost these Phthalic quarter profitability. have streamlining to in CM&C on focus somewhat second performance all we markets achievement well. With to structure a factors this testament relentless segment and to as in
for Regarding but makes our China dispute, towards resolution reach a subsidiary work KJCC, our yet the parties. on to customer sense will that continue we've to resolution both
evaluate that this we continues whether in say assess and quite to sense it determined our the future we be fair fit. for much makes them I objectives of various against there will portfolio, we businesses in could whether and receive the only as to test While be constantly something speculation business strategic our we're return not to in that a value
while customer-focused And delivering serve our of this technologies and safely doesn't of core exactly solutions markets development vision enhance the in through wood. the reliably and outlined application to
We a our return at shareholders. less fair any we than a is believe will asset not divest for that value
We the finance that by a year-old valuable our the our debt believe expectation construction off end this of of remaining five as facility by asset used year. paying evidenced is to the
on In and requirements quality that comment further and and with serving any guidelines we'll time, the this or products Until with the matter. resolving cannot meantime, cash help to continue generating earnings we outcomes due high legal our leverage. our reduce to work to dispute customers the speculate on associated
reduction raw cost our include higher in assumptions materials new for Chinese savings half partially primarily XXXX, of by a this of facility. joint cost during year In venture first from the CM&C all realized contribution our naphthalene offset from the was of which significant and
and sentiment CM&C at shifts $XX approximately EBITDA the As million $XX forecast range of some of compared XX% still million to in regions million of in million operate. for margin XX% some prior adjusted reflecting That by the Slide and of million $XX decrease good, bad we $X an to ends the in anticipate to adjusted the we equates a to year. the some $XX XX, with of to range global reducing of each both on the where shown EBITDA
from around which various drivers improved billion. our for PC crosstie anticipate consolidated contribution growth assumes, The guidance sales shows solid acquisitions forecast in XX in the $X.X full-year being Slide business. in our we production, of and a XXXX
the consolidated EBITDA $XXX range our a with Turning to to for million. is of the million adjusted reflecting midpoint. $XXX of XX, previous million This on to basis the slight guidance $XXX XXXX increase an now slide $XXX to range in million, compares
various product half meet wood for cost reduction generated Our keeps treated to performance market Also, drive second initiatives our on have first market continue strategies. strong goals expect track and in XXXX. half should our or exceed of well The we additional benefits financial performance preservative to from profitability the penetration our us XXXX. and wood to from
model, We as remain further optimizing new in naphthalene generate million U.S. from unit uniquely to to our markets benefits penetration our XX material of $XX other XX result cost at to initiatives on the certain raw of savings. million in XXXX, and and the network, in $XX from targeted balance target integrated our a business
chain. another to to Beyond to achieved of development value our $XX benefits of of new the product ratably annualized the move see and opportunities XXXX, $XX optimization technologies further development be due million we through commercial up million reduce to cost XXXX, network, or operating
we improved return. near-term Additionally, our reducing leverage part cash total of should as annual This turn on to half typical shareholder see the pattern. second which improve will in should focus and in our us allow operating the of risk, priority of flows year
XXXX than improve market choice further across the remain protection serve focused XXXX, opportunities we model efforts will continue position strength, focused built supplier with I technologies integrated profitability and breadth we business evaluating us units. to significantly technological of as optimize believe business in on very that leverage markets our term, Longer make our serve. and markets wood reducing diverse the the that unique In to to around a In business all portfolio. trying we to our short our of to see path will summary, term, better our
like it questions. up Now, for I to open would
