Current:Home > StocksUPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn -GrowthSphere Strategies
UPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn
View
Date:2025-04-18 00:06:08
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! (6844)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- These Best Dressed Stars at the Emmy Awards Will Leave You in Awe
- After Explosion, Freeport LNG Rejoins the Gulf Coast Energy Export Boom
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- Trump's 'stop
- EPA Moves Away From Permian Air Pollution Crackdown
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- Outdated EPA Standards Allow Oil Refineries to Pollute Waterways
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kim Zolciak Spotted Wearing Wedding Ring After Calling Off Divorce From Kroy Biermann
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Holiday Traditions in the Forest Revive Spiritual Relationships with Nature, and Heal Planetary Wounds
- A Rare Plant Got Endangered Species Protection This Week, but Already Faces Threats to Its Habitat
- Public Lands in the US Have Long Been Disposed to Fossil Fuel Companies. Now, the Lands Are Being Offered to Solar Companies
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Mono Lake Tribe Seeks to Assert Its Water Rights in Call For Emergency Halt of Water Diversions to Los Angeles
- Puerto Rico Hands Control of its Power Plants to a Natural Gas Company
- In the Race to Develop the Best Solar Power Materials, What If the Key Ingredient Is Effort?
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Get 4 Pairs of Sweat-Wicking Leggings With 14,100+ 5-Star Amazon Reviews for $39 During Prime Day 2023
Ambitious Climate Proposition Faces Fossil Fuel Backlash in El Paso
Legislative Proposal in Colorado Aims to Tackle Urban Sprawl, a Housing Shortage and Climate Change All at Once
Tom Holland's New Venture Revealed
Relentless Rise of Ocean Heat Content Drives Deadly Extremes
Illinois Put a Stop to Local Governments’ Ability to Kill Solar and Wind Projects. Will Other Midwestern States Follow?
38 Amazon Prime Day Deals You Can Still Shop Today: Blenders, Luggage, Skincare, Swimsuits, and More