The Teamsters Union said on Wednesday United Parcel Service 'walked away' from negotiations over a new contract, a claim the shipping giant denied, lobbing its own accusation that the union had stopped negotiating.
United Parcel Service and the Teamsters hold a rally before before the beginning of the largest U.S. private sector labor contract talks covering more than 330,000 U.S. drivers, package handlers and loaders at the global delivery firm, in Orange, California, U.S. April 15, 2023.
Both the union and company officials have said before that they wanted a deal finalized to prevent a strike, which could put millions of daily deliveries at risk.on contract offers from companies grappling with labor shortages, seeking higher pay and better working conditions. The union had earlier in the day said UPS made an offer that was unanimously rejected and that the company had "walked away from the bargaining table."
The 1997 national strike had disrupted the supply of goods, cost the company $850 million and sent some customers to rivals., said Satish Jindel, president of logistics consulting firm ShipMatrix, as both delivery firms are facing weak e-commerce demand.
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