Striking UPS Workers Will Disrupt Business Nationwide With Largest US Walkout In Decades
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Title : Striking UPS Workers Will Disrupt Business Nationwide With Largest US Walkout In Decades
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Title : Striking UPS Workers Will Disrupt Business Nationwide With Largest US Walkout In Decades
link : Striking UPS Workers Will Disrupt Business Nationwide With Largest US Walkout In Decades
news-today.world | UPS is facing its largest labor strike in decades - as over 90% of the shipping company's union members have voted to stop working if a deal can't be reached on the Teamsters' current labor contract which expires on August 1, according to CBS News.
At issue is how employees will be compensated under a rumored plan to deliver packages seven days a week. UPS began delivering on Saturdays last year to keep up with demand. The company is now proposing a two-tier wage structure that would shift part-time workers making $15/hour to full-time at the same wage. Drivers currently make an average of $36 an hour, or around $75,000 per year.
With UPS's roughly 19 million shipments per day accounting for roughly 6% of the nation's GDP, a labor dispute could disrupt the US economy. The company transports around 36% of deliveries between the top three logistics providers, while the U.S. Postal Service stands at 35% and FedEx comes in third at 17%.
At issue is how employees will be compensated under a rumored plan to deliver packages seven days a week. UPS began delivering on Saturdays last year to keep up with demand. The company is now proposing a two-tier wage structure that would shift part-time workers making $15/hour to full-time at the same wage. Drivers currently make an average of $36 an hour, or around $75,000 per year.
With UPS's roughly 19 million shipments per day accounting for roughly 6% of the nation's GDP, a labor dispute could disrupt the US economy. The company transports around 36% of deliveries between the top three logistics providers, while the U.S. Postal Service stands at 35% and FedEx comes in third at 17%.
The vote "gives the negotiating committees bargaining leverage this week and during subsequent negotiations for the national contract and the supplements," said Teamsters director and co-chairman of the bargaining committee, Denis Taylor.
That said, the Teamsters are deeply divided on the proposal, making a deal more difficult to reach and a strike more likely.
An opposition group within the union, UPS Teamsters United, argues that the delivery company, which posted a $5 billion profit in 2017, should pay new full time workers the same as existing workers. -CNN
"Most people understand in the world of Amazon (AMZN) and e-commerce, UPS isn't going to be Monday to Friday or even Monday to Saturday any more, it's going to be a seven-day operation," said David Levin, spokesman for UPS Teamsters United. "But they made record profits. They don't need concessions to do that."
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That said, the Teamsters are deeply divided on the proposal, making a deal more difficult to reach and a strike more likely.
An opposition group within the union, UPS Teamsters United, argues that the delivery company, which posted a $5 billion profit in 2017, should pay new full time workers the same as existing workers. -CNN
"Most people understand in the world of Amazon (AMZN) and e-commerce, UPS isn't going to be Monday to Friday or even Monday to Saturday any more, it's going to be a seven-day operation," said David Levin, spokesman for UPS Teamsters United. "But they made record profits. They don't need concessions to do that."
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