Teamsters says UPS walks away from negotiations, elevating odds of strike

Teamsters says UPS walks away from negotiations, elevating odds of strike


The United Parcel Support Inc. (UPS) brand is exhibited on a truck parked in New York.

Michael Nagle | Bloomberg | Getty Photos

The Teamsters union, which signifies around 340,000 employees at United Parcel Assistance, explained on Wednesday the parcel supply firm experienced “walked away” from negotiations above a new agreement, increasing the prospect of a strike.

Teamsters reported in a tweet UPS offered an supply, which was unanimously turned down by the union’s nationwide negotiating committee. The union included that no more negotiations had been scheduled.

“Next marathon negotiations, UPS refused to give the Teamsters a past, finest, and closing supply, telling the union the firm had nothing at all much more to give,” the union said.

UPS did not promptly respond to a Reuters ask for for comment.

The contract covering UPS comprehensive- and part-time personnel in the United States that produce deals, load vans and cope with deals expires at midnight on July 31. UPS workers have by now licensed a strike, must talks split down.

Equally union and corporation officers have stated prior to that they desired a offer finalized to reduce a strike, which could place tens of millions of everyday deliveries at threat, such as essential medicines for treating cancer and other ailments.

The only nationwide strike at UPS in 1997 lasted 15 days, disrupted the offer of products, charge the business $850 million and despatched some clients to rivals.

“UPS experienced a option to make, and they have evidently selected to go down the mistaken highway,” explained Sean O’Brien, typical president at Teamsters, which represents U.S. motorists, deal handlers and loaders at the firm.

UPS sweetened its supply very last week, but O’Brien had said it did not go significantly enough to reward employees who risked their lives to maintain offers transferring through the early days of the COVID-19 pandemic that fueled major income for UPS.

The advancement comes as labor unions are having fun with a increased bargaining electric power with organizations, which have been grappling with labor shortages due to the fact the pandemic.



Source

Alibaba says its AI spending in e-commerce is already breaking even
World

Alibaba says its AI spending in e-commerce is already breaking even

Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years. CNBC | Evelyn Cheng SHANGHAI — Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday. The Chinese tech giant […]

Read More
Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy
World

Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy

Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year, […]

Read More
Nio shares plunge 9% after Singapore’s GIC accuses Chinese EV maker of inflating revenue
World

Nio shares plunge 9% after Singapore’s GIC accuses Chinese EV maker of inflating revenue

The Nio logo is seen at the Nio booth at the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. Nurphoto | Nurphoto | Getty Images Hong Kong-listed shares of Nio plunged nearly 9% after Singapore’s sovereign wealth fund GIC sued the Chinese electric vehicle maker for allegedly […]

Read More