Echo Global Logistics will buy third-party logistics provider ITS Logistics for an undisclosed sum from private equity firm GHK Capital Partners, the companies said Jan. 21.

Volkswagen ended up with more cash in its automotive division than forecast in 2025 as the German carmaker delays projects and investments as part of an overhaul of its EV strategy.

Ontario Premier Doug Ford doubled down on their opposition to Canada’s trade truce with China, warning that opening the door to Chinese EVs risks gutting the Canadian sector.

President Trump said he would not impose tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework" of a deal he has reached for the island.

The increase in rationing threatens to widen the discount for Canadian oil at a time when crude prices are already falling amid a glut of supplies.

A massive winter storm will sweep across a huge swath of the U.S. starting Jan. 23, freezing Texas before roaring up the East Coast, where New York City is seeing a strong chance of heavy snow.

The Parliament’s trade committee postponed the vote indefinitely on Jan. 21, casting doubt on whether the pact will ever get across the finish line. 

The goal is to finalize a preliminary agreement that cuts U.S. levies on Swiss goods to 15% from 39%, which was the highest level among advanced economies.

The Atlas robot is built by Hyundai’s Boston Dynamics unit and is set to work in the carmaker’s plants in 2028.  Partnerships with Nvidia and Google DeepMind in robotics have further fueled interest. 

Continental's industrial ContiTech unit is set to miss targets because of weak demand and other expenses, raising doubts about the price the division will fetch in its sale process.

Rattled by President Trump's aggression toward Greenland, the EU is readying counter-measures against the U.S., including the  “trade bazooka" touted by French President Emmanuel Macron.

Zipline, a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion, as it expands commercial deployments.

U.S. military forces seized a seventh tanker near Venezuela on Jan. 20 as the Trump administration continues to pressure the South American country to halt its use of sanctioned ships.

Classes 4-7 retail truck sales for the month decreased 15.5% to 19,082 units from 22,586 a year earlier. Medium-duty sales haven’t trended ahead of the prior year since January 2025.

International Motors’ sales volumes dived 34% year over year in the fourth quarter of 2025 to 15,800 trucks and buses from 23,800 in the year-ago period, parent company Traton said Jan. 20.

The US government plans to allow more trading companies beyond Vitol Group and Trafigura Group to purchase Venezuelan crude, a Trump administration official said.

Trump's threats have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider retaliatory tariffs and the first-ever use of the EU’s anti-coercion instrument.

The court is preparing to begin a four-week recess, and under its usual procedures for releasing opinions, the next potential day for a tariff decision is Feb. 20.  

President Donald Trump said he would charge a 10% import tax on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland because they oppose his Greenland threats.

Treasury Secretary Scott Bessent said Jan. 20 in an interview on Fox Business that Vice Premier He Lifeng confirmed to him that China has completed their soybean purchases.