Current:Home > StocksUPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn -WealthMindset Learning
UPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn
View
Date:2025-04-14 01:11:57
The union representing UPS workers has warned that a strike is "imminent" if the company doesn't come to the table with a significantly improved financial offer by Friday.
The Teamsters union, which represents about 340,000 UPS workers, has been negotiating with UPS for months on a new contract. But talks have stalled, according to the labor union, which called UPS' latest counteroffer on pay "insulting."
Earlier this week, Teamsters gave the company a deadline of Friday, June 30, to bring its "last, best and final offer" to the table, putting pressure on negotiations ahead of what could be the largest single-company strike in U.S. history.
- UPS workers vote to strike, setting stage for biggest walkout since 1959
- Here's what the potential UPS strike could mean for your packages
"The world's largest delivery company that raked in more than $100 billion in revenue last year has made it clear to its union workforce that it has no desire to reward or respectfully compensate UPS Teamsters for their labor and sacrifice," the union said in a statement.
In a statement, UPS said it improved on its initial offer and remains "at the table ready to negotiate."
"Reaching consensus requires time and serious, detailed discussion, but it also requires give-and-take from both sides," the company said.
Practice pickets forming
UPS workers voted overwhelmingly this month to strike if an agreement isn't ratified by August 1. The June 30 deadline is intended to give members time to ratify the contract, which a majority of workers must do for the contract to take effect.
"We want to have a contract in place August 1 with more money," said Kara Deniz, a spokesperson for the national union.
Local leadership in places including Boston; Des Moines, Iowa, and Warwick, Rhode Island, have been holding so-called practice pickets to prepare for a potential walkout and to put more pressure on the company.
"If UPS wants to make 1997 style offers it should be ready for a 1997 style strike," a local leader said on an organizing call Wednesday.
Standstill on pay raises
The two sides have come to agreements on a number of non-economic issues, including air conditioning in UPS delivery vehicles — something drivers have long demanded. But pay remains a sticking point, with the union seeking significant raises and higher company contributions to the benefits fund.
According to union leadership, UPS wants a contract that keeps overall labor costs the same — meaning, if workers want higher pay, they'll need to give up something else. The company declined to comment on the specifics of its current offers.
UPS workers' pay starts at around $15 an hour and can go up to $38 for longtime employees, although pay for more recently hired employees caps out at a lower level.
- In:
- Strike
- UPS
veryGood! (17136)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Panama’s Supreme Court declares 20-year contract for Canadian copper mine unconstitutional
- Pope punishes leading critic Cardinal Burke in second action against conservative American prelates
- Bears outlast Vikings 12-10 on 4th field goal by Santos after 4 interceptions of Dobbs
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Oshkosh and Dutch firms awarded a $342 million contract to produce equipment trailers for US Army
- Tiffany Haddish says she will 'get some help' following DUI arrest
- Body of man reported missing Nov. 1 found in ventilation system of Michigan college building
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- See The Crown Recreate Kate Middleton's Sheer Lingerie Look That Caught Prince William's Eye
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Jimmy Carter set to lead presidents, first ladies in mourning and celebrating Rosalynn Carter
- Indonesia opens the campaign for its presidential election in February
- Numerous horses killed in Franktown, Colorado barn fire, 1 person hospitalized
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Reba McEntire gets emotional on 'The Voice' with Super Save singer Ms. Monét: 'I just love ya'
- Reba McEntire gets emotional on 'The Voice' with Super Save singer Ms. Monét: 'I just love ya'
- Israel-Hamas cease-fire extended 2 days, Qatar says, amid joyous reunions for freed hostages, Palestinian prisoners
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
Sydney Sweeney Looks Unrecognizable After Brunette Hair Transformation for New Role
Taika Waititi says he directed 'Thor' because he was 'poor' with 2 kids: 'I had no interest'
China warns Australia to act prudently in naval operations in the South China Sea
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Peru’s top prosecutor blames President Boluarte for deaths of protesters as political crisis deepens
Kourtney Kardashian Shares Glimpse of Her Holiday Decorations With Elf Season Preview
Erdogan to visit Budapest next month as Turkey and Hungary hold up Sweden’s membership in NATO