Existing home sales declined 5.4% in June, an eight month low, the National Association of Realtors said Thursday.

CSX Corp.’s second-quarter earnings rose as growth in container-car shipments eased the effects of sliding coal volumes, Bloomberg reported.

Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.

Technology distributor Ingram Micro Inc. said it has agreed to purchase BrightPoint Inc., a provider of logistics services to the wireless industry, for about $840 million, the companies announced in a joint statement July 2.

Investor Wood Creek Capital Management, along with Bowman Sales and Equipment Inc. and Milestone Trailer Leasing, last week bought 27,000 U.S.-based trailers from GE Capital, continuing the transformation of the highway leasing market.

This story appears in the July 16 print edition of Transport Topics.   Intermodal shipments that surged late in the second quarter have pushed 2012 truck/rail freight volume ahead of the record pace set in 2006, the Association of American Railroads reported.

Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.

The produce shipping season is in full swing this year and affected by unpredictable weather patterns that have created shipping peaks in parts of the South and Pacific Northwest and weaker-than-usual demand in California, experts said.