UPS Teamsters Warn ‘Nationwide Strike Imminent’ if Friday Deadline Isn’t Met

[Ptarmigan]

UPS Teamsters Warn ‘Nationwide Strike Imminent’ if Friday Deadline Isn’t Met
https://www.theepochtimes.com/ups-teamsters-warn-nationwide-strike-imminent-if-friday-deadline-isnt-met_5364845.html?utm_source=partner&utm_campaign=BonginoReport

The Teamsters Union warned that a U.S.-wide strike is imminent if the United Parcel Service (UPS) doesn’t come to an agreement with the union Friday, potentially triggering one of the largest strikes in American history.

The union, which represents hundreds of thousands of UPS drivers, “walked away from the national bargaining table” and said that UPS must give its “last, best, and final offer”  by Friday, June 30.

“The largest single-employer strike in American history now appears inevitable,” Teamsters General President Sean O’Brien said in a news release this week. “Executives at UPS, some of whom get tens of millions of dollars a year, do not care about the hundreds of thousands of American workers who make this company run,” O’Brien said.

UPS is the second-largest ground carrier of packages in the United States, only behind the U.S. Postal Service. The company delivers some 20 million packages per day, meaning that a protracted strike could be devastating for some industries and workers.

UPS could be going on strike soon.

[Ptarmigan]

UPS strike could be the most expensive in 100 years
https://www.foxbusiness.com/economy/ups-strike-most-expensive-100-years

Hundreds of thousands of UPS drivers could go on strike by the end of the month, and the walkout could be the most expensive one in the U.S. in at least a century.

That is according to a new analysis from the Anderson Economic Group, a Michigan-based think tank that specializes in the economic impact of labor strikes. The report estimates that economic losses from a 10-day work stoppage could cost more than $7 billion.

"The consequences here of this strike would reach every town in America in a matter of days," Patrick Anderson, president of Anderson Economic Group, told FOX Business.

The $7 billion figure includes UPS customer losses of at least $4 billion and lost direct wages of more than $1 billion. It does not take into consideration strike pay, unemployment benefits, unemployment taxes, income taxes, government spending or settlement bonuses.

UPS could go on strike by end of July. It could be costly.