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Click here to write a Letter to the Editor.A federal appeals court heard oral arguments Wednesday on a motion by CSX Transportation seeking to overturn a District of Columbia law restricting rail hazardous materials shipments in the capital.

Eastern freight railroad Norfolk Southern Corp. reported Tuesday it earned $194 million or 47 cents a share, a 23% rise from last year’s $158 million or 40 cents.

CNF Inc. said Tuesday that its Board of Directors elected Douglas Stotlar the company’s new chief executive officer.

Transportation and logistics services company Segmentz Inc. said Tuesday that its chief executive officer and chief operating officer had resigned and that it added a new board member.

After falling a week earlier, the average price of U.S. retail diesel fuel bounced back up, rising 3 cents to $2.289 a gallon, the third-highest price on record, the Department of Energy reported Monday.

Truck maker Paccar Inc. said Tuesday its first-quarter profit rose 50% to a record $274 million or $1.56 a share, compared with $182.2 million or $1.03 a year ago.

Truckload carrier Transport Corp. of America Inc. reported Tuesday its first-quarter earnings were $94,000 or 1 cent a share, compared with $71,000 or 1 cent the year before.

The Conference Board said Tuesday its index of U.S. consumer confidence declined to 97.7 in April from a revised 103 in March.

The number of new home sales exceeded expectations, rising 12.2% to a record high annual rate of 1.431 million, the Commerce Department reported Tuesday.

The oversight board of the New York Thruway voted to raise tolls on the highway for the first time since 1988 as part of a $2.6 billion highway improvement program, the New York Times reported Tuesday.