finance.yahoo.com

Teamsters Warn of Possible UPS Strike in 2028 Amid Contract Talks

United Parcel Service logoUnited Parcel Service
Sig3.65Sen-3.25Env0.00Soc+1.75Gov-1.20

The Teamsters criticize UPS for not spotlighting drivers while valuing the contract at about $30 billion. Senior full-time drivers would earn around $170,000 in wages and benefits, and other workers would gain $7.50 more per hour. The deal ends a two-tier wage system, but a strike in 2028 could disrupt deliveries for about 1.5 million business customers into peak season. UPS says its pay, annual wage increases, cost-of-living adjustments, and low-cost healthcare support drivers.

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