We lose it to trucks. We lose it to pipelines. We lose it to a combination of trucks and railroads. We lose it to other railroads. We lose it because we compete in every business we deal with.
It only takes a regulatory lawyer like François to tell us that we are in a non-functioning market. The reality is there is no difference between two railroads and two coal terminals, or three grain elevators, or two airline carriers. The only difference between airline carriers, grain elevators, and the waterfront terminals is that the railroad is still regulated, and we have regulatory lawyers trying to convince you that it's a non-functioning market.