"We'll see how the winter plays out," Boone said. The railroad said it anticipates higher full-year coal shipments due to strong export demand and good cycle times, but that domestic shipments are likely to soften amid low natural gas prices. CSX mainly exports met coal priced around $225/mt, according to Boone. The higher coal volume was driven by more export shipments as domestic utilities sought to move tons into higher-priced international markets, CSX said. For the first six months of 2023, CSX coal volumes rose 11% on the year to 370,000 units as revenue per unit fell 3% to $3,432. CSX's revenue per coal unit was $3,443 in Q2 2023, down 6% from the year-ago quarter. Thermal coal prices were weaker in Q2 amid low-cost natural gas and softer global coal demand.Ĭentral Appalachia 12,500 Btu/lb CSX rail coal averaged $75.46/st in Q2, down 49.9% from $150.70/st in the year-ago quarter, according to the Platts assessments by S&P Global Commodity Insights.ĭue to lower coal prices, CSX coal revenue fell 2% on the year to $637 million in Q2 even as coal volumes rose 4% to 185,000 units. While the summer heat has been a "helpful tailwind" so far in Q3 with customers seeking more sets, overall utility coal stockpiles are projected to be stable in the second half of 2023, according to the company's July 20 investor presentation. "Weather is a surprise from a heat perspective to the upside here over the last few weeks, and we're seeing that with a lot of our customers running full out here and deploying some of the inventory levels," Boone said. But just recently, we're getting a lot more interest and a lot more inbounds on what we can do, given some of the heat waves we're having."īoone said inventory destocking is expected to slow in many CSX-served markets, but the specific timing around this shift was uncertain. "Look, two weeks, three weeks ago, before this hot summer started, probably a little bit lower outlook for domestic coal business. "Coal is a dynamic market right now," said CSX Executive Vice President Kevin Boone. Anything after the backup won't be recoverable.Receive daily email alerts, subscriber notes & personalize your experience. Also, you must be proactive in creating backups because you can only recover items until the last backup timestamp. If you want to back up your files, you should use OneDrive or File History. Remember that this feature has been designed to recover the whole system, not individual files. Or when you have to replace the hard drive or need a quick way to transfer the installation and files without reinstallation.Īlso, it's always a good idea to periodically back up your computer to have a fresh copy to revert to if the unexpected happens, such as system or hardware failure, malware, ransomware, or hacker attacks. You have to make system changes and want to have a quick way to roll back. For example, when you have to back up the system before an upgrade to a new version. While you can find many alternative solutions, they are still benefits to using the System Image Backup feature on Windows 11. Once the backup has been applied, the device may likely be missing some updates, so it's a good idea to open Settings > Windows Update and click the "Check for Updates" button to update the system and drivers. On the "Windows Setup" page, click the Next button.Īfter you complete the steps, the recovery process will start, and the restoration time will depend on the device's amount of data and hardware configuration.However, since these steps are different per manufacturer and device model, it is recommended to check your manufacturer support website for more specific details. Quick tip: If the computer does not start in the Windows Setup wizard, you will need to access the Unified Extensible Firmware Interface (UEFI) to change the boot order settings.On the USB bootable drive startup prompt, press any key to continue.To restore a Windows 11 backup, connect the drive with the backup and a Windows 11 bootable USB flash drive, and use these steps: If you want to avoid problems, it's recommended to maintain the laptop connected to a power source and a desktop connected to an uninterruptible power supply (UPS). Whenever you restore a backup, avoid interrupting the process, as it will cause the backup to fail, and the computer will no longer boot. In case of a hardware failure or upgrading the system drive, you can use a previous backup to restore the device installation. The WD My Book might not be particularly fast or have the most compact design, but it does deliver massive and reliable storage for backups and other files at a great price.
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