"Insights on UPS strike as Teamsters contract negotiations collapse: Five key details to be aware of"
Talks between UPS and the International Brotherhood of Teamsters have fallen apart, increasing the possibility of a strike when the current contract expires at the end of July. The strike could disrupt deliveries and raise shipping costs. The union is pushing for better wages, benefits, and workplace protections, as well as an end to a dual-wage system. UPS made $11.5 billion in net income in 2022. The last time UPS Teamsters went on strike was in 1997.
