listen to and/or take guidance from the white house and these executive orders the stb is made up ofs they have three democrats and two republican appointees, led by a gentleman named martin oberman. it's unclear this deal is operating under the stb's new rules, and i don't want to get too into the weeds on this. it does make it more favorable for them they are waiting to get approval on this voting trust that will allow them to do the deal without risk to shareholders and to kansas city southern's share shareholders they submitted their filing on it yesterday. >> the rails were huge yesterday. the investors are savvy enough to recognize this is coming down that's why i say this is mercurial. the reason why rails a monopoly is because there's only one rail, right? i mean, norfolk southern is not going to suddenly to please the president compete with -- >> although there is this rule on reciprocal or competitive switching. that's a practice whereby shippers served by a single railroad can request bids by a competing railroad if service is available. >> i have not heard many companies

our concern is just what you point out, that this eo kind of looks like it wants the stb to reregulateadministration to help them understand whether it is the epa or the department of transportation or the omb or amtrak what the eo might do from a head wind perspective in terms of keeping us from performing the role that we're performing right now, to help the administration achieve its objectives. >> quickly, i know you just mentioned private infrastructure, that the railroads already invest in. if we were to see an actual bigger infrastructure package pushed and approved by congress, what would that mean for your railroad >> we're very strong supporters of the bipartisan infrastructure bill i hope it does get passed. i hope they find a way to the finish line. we rely on the united states to have really good power distribution to have good broadband broadly available, to have a good road infrastructure that is safe and efficient because that informs both the overall economy and the first mile, last mile. and when the economy is healthy, and we can reach industry effectively in the fir