On the expense side, second quarter warehousing, delivery, selling, general, and administrative expenses increased to $204 million, or by $1.5 million, compared to the first quarter as a result of one additional business day. Expenses decreased sequentially both on a percentage of revenue and on a per-day basis, illustrating our continued commitment to expense management.

Jul 30, 2025 / receipt, needs a key / Molly Cannon, Chief Accounting Officer and Corporate C | earnings call 2025-07-30 | transcript 78889bf6-f06e-407e-b6a7-d42bae59852f | chars 10548-10922 | segment 10

In terms of expense management, we maintained our $60 million expense reduction target, which is evidenced by a $32 expense per ton reduction when comparing the first quarter of 2024 versus the first quarter of 2025, and annualizes above our $60 million target in cost savings.

May 1, 2025 / receipt, needs a key / Jim Claussen, CFO | earnings call 2025-05-01 | transcript 1d74aba3-1cab-4939-b0e3-7285fc389641 | chars 6800-7077 | segment 6

We have managed the business exceedingly well despite being far from perfect as evidenced by our EBITDA generation, debt reduction, legacy liability de-risking, asset monetizations, working capital management, expense management, and safety performance.

Aug 5, 2021 / receipt, needs a key / Eddie Lehner, CEO | earnings call 2021-08-05 | transcript 21d82ab7-1e09-4ab0-aae9-acc209408b36 | chars 3987-4240 | segment 3