When Does Ups Go On Strike 2024. The teamsters union has set july 31 as its negotiation deadline. Ups and the teamsters reached a tentative deal on a new labor contract tuesday, potentially averting what could have been a crippling strike.
30, 2024 united parcel service plans to cut about 12,000 jobs this year as the company tries to slash costs in the face of falling package volumes and higher wages. The teamsters union reached a tentative deal with ups, narrowly averting a nationwide strike.
The Union Contract Is Set To Expire On July 31.
There’s also a possibility of government intervention.
A Ups Driver Makes A Delivery On June 30, 2023 In Miami, Florida.
Here’s what you need to know about the potential ups strike and how it could impact shipping.
January 30, 2024 / 10:43 Am Est / Cbs/Ap.
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About 20% Of Purchases Go Back,.
The strike can be avoided if ups and the teamsters agree to a new contract before the july 31 deadline.
Ups Trades At A Discount To The Sp500 But Has A Notable Headwind Due To Diverted Volume Which Will Likely Ease In 2024.