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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.

North American Class 8 orders in January hit 18,400 units, continuing a monthly decline since peaking in September, ACT Research reported.

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.

Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S.

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.

Legislation aimed at reducing the theft of catalytic converters was introduced in the U.S. Senate this month.

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.

Carriers have weathered years of insurance premium increases and may see slight relief in 2023, but insurance providers continue to face inflation, economic pressures and larger verdicts in both average loss and nuclear verdicts.

A group of around 86 Nissan North America Inc. technicians at a Tennessee manufacturing plant can vote on unionization, the U.S. labor board ruled.

Brakes and telematics will take center stage at two important technical sessions during TMC’s 2023 Annual Meeting & Technology Exhibition at the Orange County Convention Center in Orlando, Fla., Feb. 27-March 2.