What Do You Think of Intermodal Rail Traffic?

Between 2010 and 2015 Intermodal Rail Traffic enjoyed double-digit rates of revenue growth as shorter haul freight converted from truck to rail. During the past year or so though cheaper diesel prices and more readily available truck load capacity have made trucking more competitive leading to a decline in intermodal rail traffic. While car load growth is expected to be solid longer term helping to offset weakness in other segments like coal, what impact do you expect the widening of the Panama Canal which was completed last year will have on West Coast port shipments that BNSF has traditionally carried through.