Sep 12, 2019 / 04:20PM GMT
Ravi Shanker - Morgan Stanley, Research Division - Executive Director
All right. Keep this going. Next up, we have the management of Union Pacific here with us. Very happy to have you. Obviously, very interesting times in the space from a macro perspective and also from an idiosyncratic perspective given everything Union Pacific has been doing for the last 12 months.
Questions and Answers:
Ravi Shanker - Morgan Stanley, Research Division - Executive DirectorMaybe we can start with the macro because obviously that's been the big theme of the conference. Rob, where are you right now in the cycle? Obviously, carloads have been weak across the sector. Do you think you've seen a bottom? Do you think there's more to come? Maybe a little bit of a round-up.
Robert M. Knight - Union Pacific Corporation - Executive VP & CFO
Yes, sure. I'll say a lot here in response to that. Thank you for having us, by the way. With me on stage here today is Jennifer Hamann. She's our Senior Vice President of Planning and Treasury