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:2025-04-18 09:00:10
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! (8)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Georgia-Alabama predictions: Our expert picks for the 2023 SEC championship game
- Prince William and Kate Middleton Brush Off Questions About Omid Scobie's Royal Book During Night Out
- Brewers top prospect Jackson Chourio nearing record-setting contract extension, sources say
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Franklin Sechriest, Texas man who set fire to an Austin synagogue, sentenced to 10 years
- Haslam family refutes allegation from Warren Buffett’s company that it bribed truck stop chain execs
- Lead water pipes still pose a health risk across America. The EPA wants to remove them all
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Which NFL teams could jump into playoff picture? Ranking seven outsiders from worst to best
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Cockpit voice recordings get erased after some close calls. The FAA will try to fix that
- You’ll Swoon Hearing Kelsea Ballerini Describe First Kiss With Chase Stokes
- Golden Bachelor’s Gerry Turner Is Getting a Live Wedding Special: Save the Date
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Indiana man suspected in teen girl’s disappearance charged with murder after remains found
- Brewers top prospect Jackson Chourio nearing record-setting contract extension, sources say
- Philippines opens a coast guard surveillance base in the South China Sea to watch Chinese vessels
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Why Kris Jenner Wasn’t “Very Happy” About Kourtney Kardashian’s Public Pregnancy Reveal
House passes resolution to block Iran’s access to $6 billion from prisoner swap
Las Vegas man accused of threats against Jewish U.S. senator and her family is indicted
Military service academies see drop in reported sexual assaults after alarming surge
Watch two sea lions venture back into the ocean after rehabilitating in California
Latest hospital cyberattack shows how health care systems' vulnerability can put patients at risk
Cristiano Ronaldo faces $1B class-action lawsuit for promoting for Binance NFTs