Christopher Adkins: Sure. No, I appreciate you asking that clarifying question. So, yes, if you look at historically sequential performance, second quarter, third quarter has typically been roughly flat. But, certainly we talked about some of the costs increases that we’re experiencing, in the third quarter related to the contract. And so you can think about that, in the neighborhood of 300 to 400 basis points. And so what we’ve said is, we should be able to with some expectation that we had, even going back to when we started the quarter for some shift in business mix, towards core published business, that combined with some of the other areas that we talked about around productivity, efficiency, reducing cartridge, purchase, transportation.
All that should put us in a spot where we can still manage to historical expectations, even with some of those increases in costs that we’re experiencing in the third quarter. The other part of that comment, though, was if the uptick in core business that we’ve seen over the past week, if that continues and persists through the quarter, then there is some upside to what we’ve described in terms of in terms of the AOR expectation for the quarter.
Ken Hoexter : Great. Thanks for time, everybody. Appreciate it.
Christopher Adkins: Thanks. Thanks.
Operator: Our next question is coming from the line of Ravi Shankar with Morgan Stanley. Please go ahead.
Ravi Shankar: Great. Thank you everyone. Judy just wanted to confirm again, just be sure that the earlier comments, so you’re seeing the 10% Plus increase you’ve seen recently, that is primarily you think, Yellow-driven, rather than actual cyclical improvement. Just wanted to confirm that. And also, there’s a lot of talk of, if 10% of the industry capacity kind of permanently exits, that raises the floor, kind of pricing for the rest of the industry, which sort of makes sense. But what are some of the kind of constraints on new capacity adds do you think I mean, what’s the risk that the industry, the rest of the industry, kind of backfill that lost capacity in the coming years?
Judy McReynolds : Well, I mean, I certainly think over time, that risk is there, Ravi? I do, but I do think that it would take some time. And, I think you you’re as an observer of things, just like I am, it seems like, over time, we’ve seen a greater discipline in the industry on adding resources, and then also, how to, or maybe the expectation of profitability of business that’s run. But for us, we just have to be sure that as we’re adding business, on account basis, it’s profitable for us, that it doesn’t bottleneck things or create issues in serving our core customers. And we’re really very focused on our already existing customers, as much as we are these new opportunities, and we want to make sure that we serve them well.
For us, we like to see things progress over time. Certainly, one-time events or big changes typically are harder to deal with that right now things are kind of progressing in a in a good positive way. And with that costing system that we have that’s been in place for 40 years. We have good visibility after maybe a week or two, we can look at the different profile of the freight profitability of the freight, and just make good decisions. But all of that takes a little bit of time, to be sure. And right now we are making some decisions based on history and what we’ve known about some of these accounts. But again, one thing we know is that we, we love good core business, but we want it to be that. And so, we’re trying to be really good and thoughtful and careful about it.
