A UPS strike is looming. If the Teamsters Union and UPS management can’t reach a new contract deal by July 31, that could have an effect on average consumers.
Placards are part and parcel of a protest. AP Photo/Brittainy NewmanTalks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023. The union and the shipping and logistics company are blaming each other for the collapse, which occurred a few weeks after 97% of UPS’s Teamsters voted to strike if the Teamsters and UPS don’t reach an agreement by midnight on July 31. Without a deal in place, more than 300,000 Teamsters will stop working on Aug. 1. I
The carrier handled an average of 20.8 million packages per day in the U.S. in 2022, with Pitney Bowes estimating it ships 24 percent of total parcel volume in the country.