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.
January 21, 2026Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Trump Drops Greenland Tariff Threat, Cites ‘Framework’ Deal
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.
January 21, 2026VW Posts Higher-Than-Expected Auto Cash Flow on Less Spending
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.
January 21, 2026Ontario’s Leader Pushes Auto Sector to Reject China EV Deal
Ontario Premier Doug Ford doubled down on opposition to Canada’s trade truce with China, warning that opening the door to Chinese EVs risks gutting the Canadian sector.
January 21, 2026Canada’s Pipeline Problem Returns as Oil Sands Output Surges
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.
January 21, 2026Winter Storm to Sweep Across US This Week
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.
January 21, 2026EU Freezes US Trade Deal Approval Over Greenland Threats
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.Â
January 21, 2026US-Swiss Talks on Final Trade Deal to Start in February
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.
January 21, 2026Hyundai's Value Leaps Past GM’s on Robotics
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.Â
January 21, 2026Continental’s Unit Sale Faces Uphill Struggle
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.
January 21, 2026Trending
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