Current:Home > StocksUPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn -Stellar Financial Insights
UPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn
View
Date:2025-04-17 06:51:55
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! (3)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Erection shockwave therapy may help with erectile dysfunction, but it's shrouded in shame
- Wendy's is giving away free cheeseburgers this week. Here's how you can get one.
- WrestleMania 40 kickoff: Time, how to watch, what to expect at Las Vegas press conference
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Judge criticizes Trump’s midtrial mistrial request in E. Jean Carroll defamation case
- Video shows New York man driving truck into ocean off Daytona Beach in bizarre scene
- Mass. FedEx driver gets 6-day prison sentence for selling guns stolen from packages
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- US Homeland chief joins officials in Vegas declaring Super Bowl a ‘no drone zone’
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Aaron Rodgers tells Joe Rogan he's lost friends, allies, millions over his COVID-19 beliefs
- Why Tish Cyrus Said “I Love You” to Husband Dominic Purcell One Day After Meeting Him
- Disney posts solid Q1 results thanks to its theme parks and cost cuts
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Two US senators express concerns with SafeSport, ask sports organizations for feedback
- A 94-year-old was lying in the cold for hours: How his newspaper delivery saved his life
- Pakistan votes for a new parliament as militant attacks surge and jailed leader’s party cries foul
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
10 cars of cargo train carrying cooking oil and plastic pellets derail in New York, 2 fall in river
CPKC railroad lags peers in offering sick time and now some dispatchers will have to forfeit it
Taylor Swift doesn't want people tracking her private jet. Here's why it's legal.
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Satellite images show scale of Chile deadly wildfires, destroyed neighborhoods
Precious Moments figurines could be worth thousands of dollars if they meet these conditions
Minnesota officials say lodge that burned had 3 unresolved inspection violations