This excerpt taken from the EXPD 8-K filed Aug 27, 2008.
This is a combination of having leases with escalation clauses in them, having more offices with rent and increases in property taxes. You will note, however, that both the 1st quarter and the 2nd quarter of 2008 amounts are very comparable.
43. One of your international forwarding peers has noted their expectation for Air and ocean freight yield growth during 2008, does this conform with your expectations?