Well, thanks David and good morning everyone. On a consolidated basis UPS fundamentals are strong as ever. We wrapped up the year with free cash flow of approximately $5.4 billion and although we feel short of our target for the year, UPS generated record earnings per share of $4.53. This was achieved in the face of weak global trade and in spite of superstorm Sandy which cost us about $0.05 a share.UPS annual revenue of $54.1 billion was our highest ever, as were the 4.1 billion packages we delivered globally. Pricing improvements, along with the efficiencies that David highlighted, led to margin expansion. For the quarter, consolidated package volume grew 3% per day. Revenue of $14.6 billion set a record as did operating profit at $2 billion.While the U.S domestic segment improved profitability, international experienced a slight decline and faced with a margin squeeze in forwarding, the supply chain and freight segment also exhibited lower profit.Now let’s review our results in detail, starting with the U.S domestic segment. In the U.S, we fired on all cylinders. Operating profit was nearly $1.4 billion, a new high. Average daily volume grew 3% with Next Day Air up almost 8% and Ground up 3%, driven by expansion in B2C shipments.Despite slightly weaker than forecast holiday retail sales, shoppers went online like never before. We experienced strong growth in Next Day Air Saver and traditional UPS Ground and of course our lightweight solution SurePost, was also popular this holiday season. We continued to see strong growth there, even though we wrapped last year’s rollout of this product.Revenue for the segment grew 3%, with Next Day Air and Ground up 5.4% and 3.4% respectively. Revenue per piece increased 1.7%, driven by base rate improvements in both Ground and Air. As a result of increased demand…

Well, thanks David and good morning everyone. On a consolidated basis UPS fundamentals are strong as ever. We wrapped up the year with free cash flow of approximately $5.4 billion and although we feel short of our target for the year, UPS generated record earnings per share of $4.53. This was achieved in the face of weak global trade and in spite of superstorm Sandy which cost us about $0.05 a share.UPS annual revenue of $54.1 billion was our highest ever, as were the 4.1 billion packages we delivered globally. Pricing improvements, along with the efficiencies that David highlighted, led to margin expansion. For the quarter, consolidated package volume grew 3% per day. Revenue of $14.6 billion set a record as did operating profit at $2 billion.While the U.S domestic segment improved profitability, international experienced a slight decline and faced with a margin squeeze in forwarding, the supply chain and freight segment also exhibited lower profit.Now let’s review our results in detail, starting with the U.S domestic segment. In the U.S, we fired on all cylinders. Operating profit was nearly $1.4 billion, a new high. Average daily volume grew 3% with Next Day Air up almost 8% and Ground up 3%, driven by expansion in B2C shipments.Despite slightly weaker than forecast holiday retail sales, shoppers went online like never before. We experienced strong growth in Next Day Air Saver and traditional UPS Ground and of course our lightweight solution SurePost, was also popular this holiday season. We continued to see strong growth there, even though we wrapped last year’s rollout of this product.Revenue for the segment grew 3%, with Next Day Air and Ground up 5.4% and 3.4% respectively. Revenue per piece increased 1.7%, driven by base rate improvements in both Ground and Air. As a result of increased demand…

Justin B. Yagerman – Deutsche Bank AG:

Justin B. Yagerman – Deutsche Bank AG:

Benjamin J. Hartford –Robert W. Baird & Co. Inc.:

Christopher J. Ceraso - Crédit Suisse AG:

Ken Hoexter – Bank of America Merrill Lynch:

Arthur W. Hatfield – Raymond James & Associates, Inc.:

Christian Wetherbee – Citigroup Inc.:

Kevin Sterling - BB&T Capital Markets:

Nathan Brochmann - William Blair & Company:

Jeff Kauffman – Sterne Agee:

Brandon Oglenski – Barclays:

Helane Becker - Dahlman Rose & Company:

Peter Nesvold - Jeffries & Company: