UPS, Teamsters Union contract talks in deadlock

Reuters

Published Jul 05, 2023 08:31AM ET

Updated Jul 05, 2023 08:45AM ET

(Reuters) - Parcel delivery firm United Parcel Service Inc (NYSE:UPS) and the Teamsters Union on Wednesday accused each other of walking away from the negotiations, delaying contract talks that covers roughly 340,000 U.S. drivers, package handlers and loaders at the company.

Here is a timeline of key events leading up to the impasse in negotiations:

Date Event

April 17, United Parcel Service and the International

2023 Brotherhood of Teamsters Union began labor

contract talks covering roughly 340,000 U.S.

drivers, package handlers and loaders at the

global delivery firm.

June 5, The Teamsters Union said it will begin in-person

2023 voting for strike authorization if UPS refuses to

negotiate a fair agreement before the contract

expires on July 31.

June 22, The Teamsters Union said union employees voted

2023 overwhelmingly to authorize a strike should

contract talks break down after the current

agreement ends at midnight on July 31.

June 28, The union demanded that UPS make its "last, best,

2023 and final offer no later than June 30.

June 30, UPS delivered a revised offer with "significant

2023 movement on wages and other economic language.

The union said UPS has requested more time to

negotiate and pledged to reach a deal no later

than July 5.

July 3, The US Teamsters Union asked the global delivery

2023 firm to reach a contract deal by Wednesday (July

5).

July 5, The Teamsters Union said UPS made an offer that

2023 was unanimously rejected and that the company had