UPS Labor Talks Stall as Union Balks Over ‘Unacceptable’ Offer
- Weeks of negotiations broke down early Wednesday morning
- Contract expires at end of July but no more meetings scheduled
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More than 300,000 United Parcel Service Inc. workers are closer to striking after the company failed to reach an agreement with the International Brotherhood of Teamsters, threatening to plunge the US supply chain into disruption if a deal isn’t reached this month.
Weeks of talks between UPS and the Teamsters fell apart early Wednesday morning in Washington after stretching through the July 4 holiday, with beleaguered negotiators emerging just after 4 a.m. to say the talks had collapsed.