Current:Home > FinanceUPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn-Angel Dreamer Wealth Society D1 Reviews & Insights
UPS strike "imminent" if pay agreement not reached by Friday, Teamsters warn
View Date:2024-12-23 19:00:32
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! (52125)
Related
- Kathy Bates likes 'not having breasts' after her cancer battle: 'They were like 10 pounds'
- Hollywood actors to resume negotiations with studios on Monday as writers strike ends
- NASCAR to return $1 million All-Star race to North Wilkesboro again in 2024
- Pregnant Kourtney Kardashian's Second Sustainable Boohoo Collection Is Here!
- Song Jae-lim, Moon Embracing the Sun Actor, Dead at 39
- Who won 'AGT'? Dog trainer Adrian Stoica, furry friend Hurricane claim victory in Season 18 finale
- Chiefs linebacker Willie Gay takes subtle shot at Jets quarterback Zach Wilson
- Powerball jackpot nears $1 billion after no winners: When is the next drawing?
- Mississippi expects only a small growth in state budget
- Rock & Roll Hall of Fame ceremony live this year, with Elton John and Chris Stapleton performing
Ranking
- Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
- Her son died, and she felt alone. In her grief, she found YouTube.
- Taylor Swift has power to swing the presidential election. What if nothing else matters?
- Costco membership price increase 'a question of when, not if,' CFO says
- CFP bracket prediction: SEC adds a fifth team to field while a Big Ten unbeaten falls out
- Jury to decide fate of delivery driver who shot YouTube prankster following him
- After Inter Miami loses US Open Cup, coach insists Messi will play again this season
- FDA panel overwhelmingly votes against experimental ALS treatment pushed by patients
Recommendation
-
Daniele Rustioni to become Metropolitan Opera’s principal guest conductor
-
Senior Baton Rouge officer on leave after son arrested in 'brave cave' case
-
Tired of pumpkin spice? Baskin-Robbins' Apple Cider Donut scoop returns for October
-
Teen testifies about boy’s death and firearms training at New Mexico compound
-
Are banks, post offices, UPS and FedEx open on Veterans Day? Here's what to know
-
TikTok videos promoting steroid use have millions of views, says report criticized by the company
-
Inspired by llamas, the desert and Mother Earth, these craftswomen weave sacred textiles
-
Authors discuss AR-15’s history from LA garage to cultural lightning rod