US Says 15% of Tariff Refund Requests Denied So Far: TT Daily

April 29, 2026

Sponsored By:
Volvo

US Says 15% of Tariff Refund Requests Denied So Far

Businesses and individuals paid the contested tariffs on approximately 53 million entries, according to information shared earlier by the government. Read more…

TODAY’S NEWS

FUEL

Oil Prices Jump 5%

Brent for delivery in July, which is where more of the trading is happening in the oil market, rose 4.9% to $109.51. Read more…

BUSINESS

ArcBest Posts Q1 Revenue Gain in Tenuous Freight Environment

ArcBest posted an increase in first-quarter revenue despite freight market uncertainty, the company reported April 28. Read more…

SPONSORED CONTENT

Scotseal X-treme HD Keeps Vehicles on the Road

Reliability is crucial in the world of heavy-duty vocational vehicles. When it comes to operating in harsh environments and demanding applications such as waste management, construction, mining, and forestry operations, vehicle equipment is constantly pushed to its limits. It’s these operating conditions that drive the development of the latest innovation from SKF Automotive: the Scotseal X-Treme HD seal. Read more…

BUSINESS

TFI Beats Q1 Expectations as TL Flatbed Ops Boost Results

TFI International posted a stronger first quarter than expected, aided by acquisitions made during the freight downturn that grew its industrial customer base. Read more…

GOVERNMENT

ATA Pushes Truck Parking Funding in Next Highway Bill

The trucking industry is insisting lawmakers include long-term funding for truck parking in the next surface transportation reauthorization. Read more…

GOVERNMENT

FMCSA Expands ID Checks to Drug and Alcohol Clearinghouse

FMCSA has begun rolling out new identity-verification requirements for its Drug and Alcohol Clearinghouse aimed at curbing fraud in the online database. Read more…

TECHNOLOGY

Amazon to Sell OpenAI Models After Microsoft Ends Exclusivity

For the first three years of the AI boom, Amazon watched as cloud customers seeking the latest and greatest from OpenAI took their business to Microsoft. Read more…

EQUIPMENT

Toyota Suppliers Warn of Parts Shortages Tied to Iran War

Supply chain disruptions stemming from the Iran war are starting to create choke points across Japan, including the network of companies surrounding Toyota. Read more…

EQUIPMENT

PREMIUM Trailer Sensors Bring Missing Visibility to Maintenance

Fleets are increasingly adopting connected trailer technology for real-time monitoring, better trailer health visibility and to diagnose and address problems early. Read more…

FUEL

US Imports More Used Cooking Oil From China for Biofuels

American imports of Chinese used cooking are set to accelerate as increased U.S. biofuel-blending requirements kick in and the Iran war drives up energy costs, making the feedstock a relative bargain. Read more…

BUSINESS

Crop Prices Highest Since 2023 on Hits From War, Weather

The extended closure of the Strait of Hormuz and extreme weather have jolted farm commodities prices to a two-year high. Read more…

SAFETY

Iran War Fuels Surge in Piracy Off Somalia Coast

There were three confirmed hijackings in the past week alone, with pirates boarding two cargo vessels and a tanker, according to the U.K. Maritime Trade Operations. Read more…

BUSINESS

Cosco’s Profit Drops by Half as Lower Freight Rates Bite

Revenue dipped 11%, with the transpacific route seeing the biggest growth decline. Read more…

EQUIPMENT

USGS Says Appalachian Lithium Could Support EV Battery Demand

The Appalachian region holds enough lithium — a key ingredient in EV batteries — to curb U.S. reliance on imports for centuries, the U.S. Geological Survey says. Read more…

FUEL

Shell Sees Tight Oil Supplies as Hormuz Remains Blockaded

The oil and LNG shortages caused by the blockade of the Strait of Hormuz are likely to drag on for months and possibly into next year, Shell CEO Wael Sawan said. Read more…

EDITOR’S PICK

Top 100 3PLs Adapt to Market Pressures, Trade Upheaval

The largest 3PLs in North America continued to face volatile business conditions last year, from compressed margins to tariff-driven supply chain upheaval. Read more…

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US Says 15% of Tariff Refund Requests Denied So Far: TT Daily

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