Current:Home > FinanceUPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn -Achieve Wealth Network
UPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn
View
Date:2025-04-16 15:36:11
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! (9557)
Related
- South Korean president's party divided over defiant martial law speech
- Pink's Reaction to a Fan Giving Her a Large Wheel of Cheese Is the Grate-est
- Now on Hold, Georgia’s Progressive Program for Rooftop Solar Comes With a Catch
- Can forcing people to save cool inflation?
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Kelsea Ballerini Struck in the Face By Object While Performing Onstage in Idaho
- Whatever His Motives, Putin’s War in Ukraine Is Fueled by Oil and Gas
- An indicator that often points to recession could be giving a false signal this time
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Biden Administration Stops Short of Electric Vehicle Mandates for Trucks
Ranking
- Could your smelly farts help science?
- Texas A&M University president resigns after pushback over Black journalist's hiring
- Inside Clean Energy: In California, the World’s Largest Battery Storage System Gets Even Larger
- Jaden Smith Says Mom Jada Pinkett Smith Introduced Him to Psychedelics
- All That You Wanted to Know About She’s All That
- Behati Prinsloo Shares Glimpse Inside Family Trip to Paris With Adam Levine and Their 3 Kids
- Noah Cyrus Shares How Haters Criticizing Her Engagement Reminds Her of Being Suicidal at Age 11
- There are even more 2020 election defamation suits beyond the Fox-Dominion case
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Florida's new Black history curriculum says slaves developed skills that could be used for personal benefit
Why Did California Regulators Choose a Firm with Ties to Chevron to Study Irrigating Crops with Oil Wastewater?
Restock Alert: Get Hailey Bieber’s Rhode Glazing Milk Before It Sells Out, Again
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Inside Clean Energy: Here’s Why Some Utilities Support, and Others Are Wary of, the Federal Clean Energy Proposal
Banks are spooked and getting stingy about loans – and small businesses are suffering
Biden Administration Stops Short of Electric Vehicle Mandates for Trucks