The transportation sector experienced an estimated 20% jump in reported cargo thefts amid changing criminal tactics in 2022.
February 9, 2023Government, Business, Equipment, Safety
Reported Cargo Thefts Increased 20% in 2022
Business, Equipment
Nissan Reports Better Profit as Chip Crunch Eases
TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.
February 9, 2023Government, Business, Technology, Equipment, Autonomous, For-Hire
Electric, Autonomous Trucks Hold Promise, Executives Say
LAS VEGAS — Autonomous and electric-powered trucks hold great potential to improve safety and efficiency in the freight transportation sector, but it will take time for these emerging technologies to overcome various market challenges and achieve widespread commercialization, industry executives said.
February 8, 2023Business, Technology, Equipment, Fuel
Another $237 Million for Honda Battery Plant Project in Ohio
COLUMBUS, Ohio — Ohio’s privatized economic development office has finalized an agreement with Honda to infuse $237 million into development of a massive battery plant project that the Japanese automaker plans to use to transform the state into its North American electric vehicle hub.
February 8, 2023Business, Equipment
January Class 8 Truck Orders Continue Monthly Decline
North American Class 8 orders in January hit 18,400 units, continuing a monthly decline since peaking in September, ACT Research reported.
February 8, 2023Business, Equipment, Global Freight
Maersk Sees Global Trade Contracting as Much as 2.5% in 2023
A.P. Moller-Maersk A/S said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year.
February 8, 2023Business, Equipment, Logistics, Global Freight
Supply Chains Must Change, Says Maersk’s Ditlev Blicher
Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.
February 8, 2023Government, Technology, Equipment
Illinois Supreme Court Extends Statute of Limitations for Biometric Lawsuits
The Illinois Supreme Court has issued a decision that strengthens the state’s Biometric Information Privacy Act — one of the nation’s strictest laws regulating the collection and storage of biometrics.
February 7, 2023Government, Business, Technology, Equipment, Safety
Senators Introduce Catalytic Converter Theft Bill
Legislation aimed at reducing the theft of catalytic converters was introduced in the U.S. Senate this month.
February 6, 2023Business, Equipment, Top 100
Daseke Reports Q4 Revenue Growth, Earnings Decline
Daseke Inc. experienced an increase in revenue but a decline in earnings year-over-year during the fourth quarter of 2022, the company reported Feb. 6.
February 6, 2023