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:2025-04-12 02:36:01
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! (7564)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- White House to establish national monument honoring Emmett Till
- Fox News settles blockbuster defamation lawsuit with Dominion Voting Systems
- 45 Lululemon Finds I Predict Will Sell Out 4th of July Weekend: Don’t Miss These Buys Starting at $9
- The company planning a successor to Concorde makes its first supersonic test
- Texas’ Wildfire Risks, Amplified by Climate Change, Are Second Only to California’s
- AI could revolutionize dentistry. Here's how.
- YouTuber MrBeast Shares Major Fitness Transformation While Trying to Get “Yoked”
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Kelsea Ballerini Struck in the Face By Object While Performing Onstage in Idaho
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Netflix’s Seven Husbands of Evelyn Hugo Movie Reveals Fiery New Details
- A tech consultant is arrested in the killing of Cash App founder Bob Lee
- Louisville appoints Jacquelyn Gwinn-Villaroel as first Black woman to lead its police department
- Former longtime South Carolina congressman John Spratt dies at 82
- Biden Tightens Auto Emissions Standards, Reversing Trump, and Aims for a Quantum Leap on Electric Vehicles by 2030
- Rural grocery stores are dying. Here's how some small towns are trying to save them
- Oil and Gas Companies ‘Flare’ or ‘Vent’ Excess Natural Gas. It’s Like Burning Money—and it’s Bad for the Environment
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
ConocoPhillips’ Plan for Extracting Half-a-Billion Barrels of Crude in Alaska’s Fragile Arctic Presents a Defining Moment for Joe Biden
Amid Delayed Action and White House Staff Resignations, Activists Wonder What’s Next for Biden’s Environmental Agenda
Honoring Bruce Lee
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Jaden Smith Says Mom Jada Pinkett Smith Introduced Him to Psychedelics
Jon Hamm Details Positive Personal Chapter in Marrying Anna Osceola
Inspired by King’s Words, Experts Say the Fight for Climate Justice Anywhere is a Fight for Climate Justice Everywhere