One of the nation's largest labor unions voted to authorize a strike as soon as August, setting the stage for another fight between Biden and big labor.
On Friday, The Teamsters—a union representing 340,000 UPS employees—gave a 97 percent vote to allow its members nationwide to engage in a strike as soon as August 1 if a deal on a new contract is not met, potentially putting a significant share of the U.S. private shipping sector at risk at the height of the summer months, a press release said.
According to industry statistics, UPS represented the largest share of the U.S. market share in 2021, delivering approximately 37 percent of all parcels nationwide. It also reported record-high profits and stock prices in 2022, spurred by increased deliveries during the COVID-19 pandemic.have sought to bring their logistics operations in-house, causing the company's revenues from the retail giant to fall from 13.3 percent in 2020 to 11.3 percent in 2022, according to a UPS securities filing.
A UPS driver pulls a cart with packages while making deliveries on June 12, 2023, in San Francisco, California. More than 330,000 UPS union workers are voting to authorize a strike against UPS. The Teamsters union is seeking higher wages and benefits as well as work condition improvements that include retrofitting 95,000 delivery trucks to have air conditioning. If the workers vote to strike, it would be the largest single-employer strike in US history.
"This strike authorization vote sends a clear message to UPS that our members are damned and determined to take necessary action to secure a historic contract that respects their dedication and sacrifice," Teamsters General Secretary-Treasurer Fred Zuckerman said in a statement announcing the vote."Our members are the backbone of UPS, and they are the reason this corporation hauled in more than $100 billion in revenue just last year. It's time for UPS to pay up.
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