The union representing 340,000 UPS workers said Tuesday that its members voted to approve the tentative contract agreement reached last month, putting a final seal on contentious labor negotiations that threatened to disrupt package deliveries for millions of businesses and households nationwide. The Teamsters said in a statement that 86% of the votes casts were in favor of ratifying the national contract. “Our members just ratified the most lucrative agreement the Teamsters have ever negotiated at UPS," Teamsters General President Sean M. O’Brien said in a statement.
President Joe Biden's top labor adviser, Celeste Drake, has stepped down, according to a source with direct knowledge of the matter, leaving the administration with one less top official to try and maintain labor peace and avoid threatened strikes during an election year. Drake is leaving the White House to serve as the Deputy Director-General of the International Labor Organization, based in Geneva, Switzerland, and starts in her new role on Aug. 14, according to the source, who did not wish to be named. Her departure comes at a critical time for an administration dealing with a summer of labor unrest, with estimates from national labor unions showing more than 650,000 U.S. workers were on or threatened strikes in the first half of 2023.
(Bloomberg) United Parcel Service Inc. lowered its full-year profit forecast and revealed plans to cut management jobs as the courier contends with shifting consumer habits and rising costs after a tentative labor agreement.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop After Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal La
What's happening now feels different. There's a level of cross-union support across radically different workplaces, along with a knowledge of one another's respective struggles, that I've never seen, or frankly ever thought possible.