Canadian Prime Minister Mark Carney said Jan. 25 his country has no intention of pursuing a free trade deal with China, in a response to Trump’s tariff threat.

Secretary of Defense Pete Hegseth announced an immediate update to processes linked to the personal property moving system, designed to improve the experience for service members. 

Deep snow — over a foot extending in a 1,300-mile swath from Arkansas to New England — halted traffic, canceled flights and triggered wide school cancellations Jan. 26. 

The recall affects model year 2024-2025 Tundra and Tundra Hybrid trucks. Affected customers are currently being notified, according to a statement from Toyota.

The winter storm is estimated to have knocked offline almost 10% of U.S. natural gas production, just as demand for the heating and power plant fuel jumped.

Volkswagen’s plans for a possible Audi factory in the U.S. aren’t progressing as U.S. tariffs add a burden and talks for local incentives haven’t yielded results, CEO Oliver Blume said.

Eaton on Jan. 26 announced it is pursuing a separation of its Vehicle and eMobility segments, as the electrical equipment maker looks to focus on high-growth businesses under new CEO Paulo Ruiz.

U.S. natural gas futures for February delivery surged 70% as the market braced for a historic winter storm that’s poised to send temperatures plummeting and boost demand for the heating fuel.

PacLease reported continued growth in 2025, adding 17 U.S. franchise locations as the company said it outperformed much of the broader lease-and-rental market.

Knight-Swift expressed optimism that capacity reductions will help improve market conditions, though the truckload carrier posted a net loss attributable to itself of $6.8 million in Q4.

A winter storm expected to be the largest of the season is already causing major disruptions across the U.S., with airlines cutting more than 2,300 flights for Jan. 24.

Commercial truck drivers holding B-1 visas can haul freight between the U.S. and Mexico but are prohibited from domestic U.S. transport of goods, even if those goods are foreign in origin.

Distressed-debt giants Oaktree Capital Management and Anchorage Capital have amassed positions in the bankruptcy financing for First Brands Group.

Frigid weather sweeping across much of the U.S. is starting to freeze oil and natural gas wells, threatening to disrupt production from North Dakota to Texas.

DoorDash and Uber Technologies lost a bid to block a New York City law requiring a tipping option be presented to customers at checkout from going into effect Jan. 26.

The U.S. sanctions aim to prevent the targeted Iranians from doing business with Americans or accessing U.S. accounts. The targeted vessels are from Palau, Panama and other jurisdictions.

Thyssenkrupp is in the midst of a broader streamlining program aimed at shedding legacy units and giving it more space to focus on higher-margin engineering and technology businesses. 

Some fleet operators are mitigating the struggles of driver retention by fine-tuning their driver compensation programs and structuring operations to offer lifestyle improvements.

After implementing substantial driver pay increases in recent years, carriers are now looking to protect their margins in a freight market downturn without cutting wages and risking capacity.

Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline. But the amendment was scrapped Jan. 22, in a blow to ethanol producers and large refineries.