Challenging Market ConditionsThe company is facing macroeconomic challenges across various markets, including intermodal, export coal, and autos.
Competitor PressureManagement cautioned that competitor pressure has increased in response to the merger announcement, anticipated to impact intermodal volumes and be a headwind to the top line.
Volume HeadwindsContinued volume headwinds are expected due to competitor response to the merger announcement, negatively impacting intermodal volumes, specifically domestic, non-premium business.