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Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.

The average national retail price of diesel fuel rose 1.5 cents to $2.491 a gallon, the Energy Department reported Tuesday.

A strike by Canadian National Railway workers stretching into its second week has Canadian federal officials concerned and the federal government has appointed a mediator to try to solve the dispute, Bloomberg reported.

Truckload carrier Schneider National said Thursday it received a business license from the Chinese government to begin trucking and logistics operations in that country.

Trailer maker Wabash National Corp. reported a fourth-quarter loss of $5 million or 16 cents a share, compared with earning $20 million or 55 cents a year earlier.

Logistics firm Expeditors International of Washington on Tuesday said its fourth-quarter profits fell to $62.6 million or 28 cents a share, down from $74.3 million or 34 cents a year ago.

The average national price of retail diesel fuel jumped 4.1 cents to $2.476 a gallon, the Department of Energy said Monday.

Third-party logistics provider Hub Group said late Monday it earned $13.5 million or 34 cents a share in the fourth quarter, up from $10.1 million or 25 cents a share for the same quarter a year earlier.

Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.