UPS confirmed plans to file claims for refunds on tariffs paid since they were ruled illegal by the Supreme Court in February. The company expects to seek its share of the $166 billion in eligible collections via US Customs’ new portal and has committed to passing recovered funds on to shippers who paid higher invoice fees.

UPS will announce Q1 results on April 28, facing headwinds from oil price spikes, tariff expenses and declining volumes from Amazon. Management is shifting emphasis toward higher-margin segments, specifically small and medium-sized businesses and healthcare logistics, to offset revenue pressures.