Company Happenings
Transport Topics
- Echo Global Acquires 3PL ITS Logistics From GHK January 21, 2026Echo 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.
- Trump Drops Greenland Tariff Threat, Cites ‘Framework’ Deal January 21, 2026President 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.
- VW Posts Higher-Than-Expected Auto Cash Flow on Less Spending January 21, 2026Volkswagen 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’s Ford Pushes Auto Sector to Reject China EV Deal January 21, 2026Ontario 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.
- Canada’s Pipeline Problem Returns as Oil Sands Output Surges January 21, 2026The 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.
- Winter Storm to Sweep Across US This Week January 21, 2026A 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.
- EU Freezes US Trade Deal Approval Over Greenland Threats January 21, 2026The Parliament’s trade committee postponed the vote indefinitely on Jan. 21, casting doubt on whether the pact will ever get across the finish line.
- US-Swiss Talks on Final Trade Deal to Start in February January 21, 2026The 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.
- Hyundai's Value Leaps Past GM’s on Robotics January 21, 2026The 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 Unit Sale Faces Uphill Struggle January 21, 2026Continental'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.




