Pending UPS Strike Will Likely Disrupt The Package Delivery Sector
A looming strike by the United Parcel Service could disrupt deliveries, in the largest strike against a single employer in American history.
Contract negotiations between UPS and the Teamsters stalled last week, raising the likelihood of a strike in early August, as well as major disruptions in a highly competitive package delivery market.
On June 16, the Teamsters Union, which represents about 340,000 workers at UPS, voted overwhelmingly at 96 percent to authorize a strike if no agreement was reached by the time the current contract expires on July 31.
Workers across the country are already holding practice picket lines.
UPS posted an adjusted profit of nearly $14 billion in 2022, which the Teamsters point to as evidence that the company can and should increase workers’ wages….