Last quote by Lance Fritz
Lance Fritz quotes
The macroeconomic environment still has its challenges - an unstable global economy, the relatively strong U.S. dollar, and continued soft demand for consumer goods.
There's plenty for consumers to be concerned about, whether it's the global economy, terrorism, some of the acts of violence that they see randomly occurring. Even the Great Recession is not too distant in a lot of people's memories. So I think all of that could be creating cautious behavior.
There are probably opportunities for coal to grow in (power) generation. We just to don't see it growing back to where it used to be.
We're still facing some of the very same headwinds we've faced in the last four or five quarters; natural gas pricing, replacing coal for a source of electricity, a strong U.S. dollar getting in the way of exports, the shale energy related activity being pretty depressed. But we are seeing sequential improvement.
In this challenging volume environment, we have continued our intense focus on operating safely and efficiently, managing our resources, and improving our customer experience.