Existing home sales fell 0.8% in December and purchases for the year fell by the most since 1989, the National Association of Realtors said Thursday.

Western freight railroad Union Pacific Corp. said Thursday its fourth-quarter profit jumped to $485 million or $1.78 a share, from $296 million or $1.10 cents for the same quarter a year earlier.

Eastern freight railroad Norfolk Southern Corp. said Wednesday its fourth-quarter profit rose 6%, as record revenue from coal shipments offset declines in intermodal shipments.

Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.

Eastern freight railroad CSX Corp. reported fourth-quarter earnings of $347 million or 75 cents a share, up from $237 million or 52 cents a year earlier.

Freight railroads Union Pacific Railroad and Norfolk Southern Railway said Tuesday that they will launch a new intermodal train service in February that will add rail capacity and expand intermodal rail service between Los Angeles and the Southeast.

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Penske Logistics plans to close a trucking terminal in Richfield, Ohio, and lay off 92 employees by the end of March, the Cleveland Plain Dealer reported Friday.

Ceva Logistics said Thursday that it named John Pattullo chief executive officer of the company.

The average national retail price of diesel fuel fell 7.4 cents to $2.463 a gallon, the Department of Energy reported Tuesday.