What a UPS Strike Would Mean for Consumers, Businesses and the Economy
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United Parcel Service Inc., the world’s biggest publicly traded package courier, is in negotiations with the International Brotherhood of Teamsters to renew the largest private-sector union contract in the US — a five-year accord that covers about 340,000 workers. The current National Master United Parcel Service Agreement, a 200-page document that provides wage rates and work rules, expires on July 31. The two sides planned to resume talks, which broke down on July 5, though union members have authorized a strike as early as Aug 1. Teamsters President Sean O’Brien won election in 2021 by promising to negotiate tougher terms with UPS.
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