Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.

Existing home sales fell 0.8% in June to a seven-month low, the National Association of Realtors said Wednesday.

CSX Corp. late Tuesday reported record second-quarter earnings, as its profit rose to $506 million, or 46 cents per share, from $414 million, or 36 cents, a year ago.

The National Industrial Transportation League has filed a petition with the Surface Transportation Board asking the agency to adopt new reciprocal switching rules to allow captive rail shippers to use a second railroad.

Container shipping line APL, which is part of Singapore’s Neptune Orient Lines Ltd., said it will build a new intermodal terminal in Joliet, Ill.

The Los Angeles region is bracing for a 53-hour shutdown of Interstate 405 in mid-July that will cut off a critical, high-traffic trucking route.

Menlo Worldwide Logistics said Tuesday it is expanding its presence in Singapore.