Jim Blaze: ALERT on Auto Sales — as freight. Bad news from one source.

Jim Blaze

Reminder — try and get a 2nd source.

 
Group 1 Automotive reports a 50% to 70% decline in March sales across its 428 dealerships in the US and the UK. 
 
The company has laid off 3,000 US employees and 2,800 UK employees.
 
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From a reliable personal source but unpublished —. 
Conrail Shared Assets seems to be witnessing its rail freight traffic holding up well — Exceptions are finished autos — and of course intermodal units. 
  
Cheers!
Jim