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Investors have joined UPS customers in urging the two sides to avoid a work stoppage that would disrupt shipments across the country and create supply-chain backups..
Investors have joined UPS customers in urging the two sides to avoid a work stoppage that would disrupt shipments across the country and create supply-chain backups..
A supply chain expert says millions of packages could be delayed or go undelivered if UPS workers strike.
Contract negotiations between UPS and the Teamsters union have reached a deadlock, with both sides blaming each other. A strike authorization has been granted, potentially impacting UPS's operations and the US economy. The parties have struggled to reach an agreement on key issues, including the economic package.
Unionized UPS workers voted to authorize a strike, setting the stage for a potential walkout if the company and Teamsters can't come to an agreement.