260,000 UPS Workers Were Headed for a Massive Strike; New Deal May Avoid It

Labor News

Reprinted from Fortune by Natasha Bach on June 22, 2018.

UPS just avoided a close call.

The massive package delivery company reached a handshake contract deal with Teamsters negotiators on Thursday. Teamsters members had earlier authorized a strike that could have started in August if a new contract was not in the works.

The tentative agreement includes a new five-year contract and higher wages for existing workers. Hourly wage increases would total $4.15 over five years, while the part-time workers would receive a starting wage of $13 an hour as of August 1, with increases in the years following, according to The Wall Street Journal. The deal also includes the creation of a separate class of weekend delivery workers, who would receive lower pay.

While the agreement still needs to be finalized and then ratified by Teamsters members, the tentative deal will allow a large sigh of relief for UPS. In early June, the union workers had authorized a strike, which would have been the first since 1997 and affect the nearly 260,000 UPS employees. …

Fortune 6/22

About Jeffrey Burman 3100 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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