After rail strike averted, the next big labor deal to watch is UPS:
Drivers could strike if there's no deal by July.
axios.com/2023/04/17/ups-begin-bargaining-with-union
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UPS, Teamsters open high-stakes US labor talks: United Parcel Service (UPS.N) and the International Brotherhood of Teamsters union on Monday started U.S ...
reuters.com/business/ups-teamsters-open-high-stakes-us-labor-talks-2023-04-17/
UPS, Teamsters poised for massive contract talks for 330,000 workers: UPS and the International Brotherhood of Teamsters are set to soon start national ...
ajc.com/news/business/ups-teamsters-poised-for-massive-contract-talks-for-330000-workers/KX4CBBBLUFGSHAJLDSKFENZTWQ/
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UPS to offers voluntary buyout packages to its US drivers: Parcel giant UPS said on Thursday it will offer voluntary buyouts to its full-time U.S ...
reuters.com/business/world-at-work/ups-offers-voluntary-buyout-packages-its-us-drivers-2025-07-03/
UPS fires about 35 newly organized US workers, Teamsters union says: The Teamsters union that represents U.S. workers at United Parcel Service (UPS ...
reuters.com/business/autos-transportation/ups-fires-about-35-newly-organized-us-workers-teamsters-union-says-2023-12-07/
/cloudfront-us-east-2.images.arcpublishing.com/reuters/KXLTT3PXWVKCXN3UMSJTND5I3Q.jpg)
UPS CEO says new labor deal with Teamsters to cost less than $30 bln - CNBC: United Parcel Service's (UPS.N) new five-year deal with Teamsters-represented ...
reuters.com/business/ups-ceo-says-new-labor-deal-with-teamsters-cost-less-than-30-bln-cnbc-2023-09-12/
/cloudfront-us-east-2.images.arcpublishing.com/reuters/EMGNH4ZIHVPNFGSEH2FDG7JD3E.jpg)
Key FactsUPS CEO: New labor deal with Teamsters to cost less than $30 billion
Sep 12, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- United Parcel Service's (UPS) new five-year deal with Teamsters will cost less than the $30 billion outlined by the union, according to CEO Carol Tome in a CNBC interview.
- The contract covers approximately 340,000 UPS workers in the United States and will increase wage and benefit costs at a 3.3% compound annual growth rate over the agreement's lifespan.
- The new deal expires on July 31, 2028, with 46% of wage and benefit costs being accounted for this year. Contract-related costs in the second half of 2023 are expected to be approximately $500 million higher than anticipated by UPS.
- Last month, the Atlanta-based company lowered its full-year revenue and profitability targets due to higher-than-expected labor costs and business lost during the turbulent contract talks with Teamsters.
Drop Off Your Old Gig, Pick Up This Pay Package: UPS Drivers Make $170K Under New Deal - United Parcel Se
benzinga.com/news/23/08/34101423/drop-off-your-old-gig-pick-up-this-pay-package-ups-drivers-make-170k-under-new-deal
Teamsters tout UPS deal as it aims to unionize Amazon workers: The UPS-Teamsters contract — which some 340,000 workers are voting on this month — is the ...
ajc.com/news/atlanta-news/teamsters-tout-ups-deal-as-it-aims-to-unionize-amazon-workers/MWTVYJFC3BAOFJMDMWAEJG2ZYA/
Full-time UPS drivers will earn $170,000 a year, on average, in new contract, CEO says
usatoday.com/story/money/2023/08/10/ups-driver-pay-new-contract/70571518007/
Key FactsAverage annual earnings of $170,000 for full-time UPS drivers in new contract
Aug 11, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: usatoday.com
Summary created with AI assistance · Source: usatoday.com
- Full-time UPS drivers earn an average of $170,000 per year according to CEO Carol Tomé.
- Salary ranges for full-time and part-time drivers have been announced.
- The Teamsters union is authorized to strike if no agreement is reached.
- Voting on the proposed contract has commenced and will continue until August 22nd.
UPS and other shippers have a new vulnerability: their workers: Package delivery companies are wrestling with higher worker pay while demand shrinks across the ...
finance.yahoo.com/news/ups-and-other-shippers-have-a-new-vulnerability-their-workers-154100279.html
Teamsters local unions endorse agreement with delivery giant UPS: The Teamsters local unions, which represent 340,000 workers at United Parcel Service (UPS.N) ...
reuters.com/business/teamsters-local-unions-endorse-agreement-with-delivery-giant-ups-2023-07-31/
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BRULYKIPUFLWPKSTD6573SC3YE.jpg)
In era of tech disruption and instant gratification, workers say they're pushed to the brink
pbs.org/newshour/economy/in-era-of-tech-disruption-and-instant-gratification-workers-say-theyre-pushed-to-the-brink
Key FactsDemands for Speed and Convenience Drive Strikes in Various Industries
Jul 30, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: apnews.com
Summary created with AI assistance · Source: apnews.com
- Complaints from workers in different industries: UPS drivers and Hollywood actors and writers
- Workers push back against forced overtime, punishing schedules, and reliance on lower-paid, part-time, or contract workers
- Hollywood screenwriters and actors strike due to the impact of streaming on the entertainment industry
- UPS agrees to end forced overtime on days off and convert lower-paid drivers to full-time positions
7 things to know about Carol Tomé, UPS’s CEO: On Tuesday, UPS announced it had reached a deal with the Teamsters union, avoiding one of the largest strikes ever ...
fastcompany.com/90928344/7-things-to-know-carol-tome-ups-ceo-strike
United Parcel Service, Teamsters union to resume labor talks on Tuesday: United Parcel Service (UPS.N) said it plans on Tuesday to resume labor talks with the ...
reuters.com/business/united-parcel-service-teamsters-union-resume-labor-talks-tuesday-2023-07-22/
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MQVBEQXMDNOOVB6EVSUQYEPI54.jpg)
UPS strike would deal blow to U.S. inflation fight, supply chain: A walkout by UPS workers would snarl shipments of the 19 million packages that UPS moves daily ...
bloomberg.com/news/articles/2023-07-21/ups-strike-looms-will-my-amazon-packages-be-delayed
What happens if UPS goes on strike?: A strike by the shipping giant could put a crimp in America’s ecommerce habit.
bostonherald.com/2023/07/10/what-happens-if-ups-goes-on-strike/
US labor secretary sees no need now to step into UPS-Teamsters talks: Acting U.S. Labor Secretary Julie Su said on Friday she does not see a need at this stage ...
reuters.com/world/us/us-labor-secretary-sees-no-need-now-step-into-talks-between-ups-teamsters-2023-07-07/
Revised UPS contract offer makes 'significant' movement on pay, Teamsters say: United Parcel Service (UPS.N) delivered a revised contract offer with "significant ...
reuters.com/sustainability/boards-policy-regulation/revised-ups-contract-offer-makes-significant-movement-pay-teamsters-2023-06-30/
Teamsters strike with UPS could snarl commerce as labor flexes muscle: A strike authorized Friday by Teamsters working for shipping giant UPS is the latest flash ...
thehill.com/business/4058901-teamsters-strike-with-ups-could-snarl-commerce-as-labor-flexes-muscle/
340,000 UPS workers are voting whether to authorize a massive strike: As Americans become even more reliant on delivery, hundreds of thousands of UPS workers ...
cnn.com/2023/06/06/business/ups-strike-vote-authorization/
UPS strike looms in a world grown reliant on everything delivered everywhere all the time
apnews.com/article/ups-strike-delivery-supply-chain-union-labor-16270bd5699419398de376e07ada06ba
UPS drivers record temperatures above 100F in trucks without air conditioning: Drivers post pictures of thermometers reaching 116F, 117F and 121F inside ...
theguardian.com/us-news/2022/aug/03/ups-drivers-trucks-heat-temperatures
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