Our industries are under intense competition and for many of us, rail has been the most economical means of transporting in our raw goods and shipping out our finished products. Unfortunately, since most of our businesses are captive to only one major railroad, there is a monopoly of power and the railroads have been using this to dramatically increase prices and reduce service.

That's neither good nor bad. It just shows the change that's taking place.

We are not losing production. We have highly productive operations with fewer employees.

It's clear the overall demand for paper, like white office paper, is declining. Electronic communications has really hurt that. But there's demand for paper board. There's a demand for tissue and certain specialty papers. There's always going to be a need for paper.