Tom Schmitt: Yes. Scott, on the first topic, I think I said what at this point, I should say and can say we feel very strongly that the obligation to close is not there, and the termination is an option. Obviously, Omni has been a business partner and a good customer of ours. We’re going to see — looking for ways to make sure that, that’s getting preserved and enhanced. But there’s no more I can say. I mean I think I did say, Scott, I mean I just talked with Jack, that longer is not better. So we are looking for a resolution, obviously, quickly, but that’s all we should be talking about this. It’s much more, I think, full calories and useful calories spent on kind of what we do and what we can control, and that’s what I just gave some highlights on with the building out of the direct sales force in addition to serving our world-class intermediaries and make them win more.
On portfolio review, it is what we always do. If you remember, every single supporting business line has to make the LTL business better and has to be essential for it, and it also has to live up to its own financial expectations. If you remember 3 years ago, that was no longer the case for one of our supporting business lines. It had to fulfill its service to pool retail distribution business, and we sold it. And all I’m making sure that we are clear on is, we are accelerating that portfolio review, looking at other supporting businesses. But obviously, we don’t talk about M&A one direction or the other before it’s done. But just be rest assured, we hear loud and clear that supporting business lines have to be essential to making LTL the main show.
And when that’s no longer the case, and they serve their purpose than graduation is coming.
Scott Group : Okay. And I guess, I understand you’re limited in how much more you can say, but can you at least share what conditions have not been met?
Tom Schmitt: There is actually — in our release that we put out on Thursday last morning, Scott, we do speak to access to material information, for instance, in a timely manner. But we actually, I think, are putting out there 2 specific paragraphs in the merger agreement. So that’s — and the merger agreement is public record. So that’s certainly something you can look up. The most important part of it is we control what we control. We are managing our business. We are — we did say on August 10, we are going after all of the high-value LTL market direct and indirect, and we are just doing more of that faster now organically.
Scott Group : Okay. And then just shifting gears to the guidance, maybe either Tom or Rebecca. Can you just share what’s — I know that we did some debt transactions in the quarter, are we capturing higher interest expense in this guidance? What are the margin assumptions in here? I just want to understand the moving pieces here with the guide.
Rebecca Garbrick: Yes. So first, Scott, happy to talk through some of that. So we gave an adjusted guidance and we put up a note into our earnings release suggesting that we wouldn’t be able to reconcile those adjustments, but we believe that, that interest expense that we’re putting on is high-yield notes and then other fees on our term loan B that those would be considered part of our non-GAAP. So it wouldn’t be part of the adjusted EPS that we’ve provided. I think from a margin standpoint, Q4 is looking a bit like Q3. When we think about it, we think there’s a bit of a muted peak. For the LTL business, Intermodal gets a bit worse in Q4 just from a seasonality standpoint. So there was a little bit of a comparison, if you will, between Q3 and Q4 as you’re thinking about it from a guidance standpoint.
