Labor negotiations at UPS could have nationwide ripples

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Labor negotiations at UPS could have nationwide ripples
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UPS delivers about a quarter of parcels across the country every day — meaning labor negotiations at the company might be noticed nationwide.

Contract negotiations are underway between UPS and the Teamsters, the union that represents organized labor at the company — and there are signs that effects might be felt nationwide.

It's also millions more packages daily than UPS moved in 2018, the last time its workers renegotiated their contract. Atlanta-based UPS said it made record profits in 2022. It issued some $8.6 billion in dividends and stock buybacks that year."Our members worked really hard over the pandemic," said Teamsters spokesperson Kara Denize."They need to see their fair share."

Experts say a high-profile contract fight at UPS could also galvanize other labor initiatives in the U.S.

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