It’s crunch time for United Parcel Service and the International Brotherhood of Teamsters union after labor talks stalled Wednesday, with both sides accusing the other of abandoning negotiations.
The bargaining breakdown means a potential strike at the end of the month that could threaten the U.S. economy. The only strike in the company’s history lasted 15 days in 1997, and it cost UPS dearly.
While lobbing accusations at each other about who quit negotiations, both sides have attested to the strength and fairness of their latest offers for a new contract. UPS and the Teamsters have made substantial progress with tentative agreements on noneconomic matters such as scheduling and equipment improvements. The momentum and other factors mean both sides have incentives to get back to the table.
"UPS’ work is so labor-intensive that they couldn’t keep their core systems running" if there’s a strike, he said. While retailers hope for a settlement, many have devised ways to bypass UPS, she said. Dankert said options include technology-enabled freight brokers, some of which have expanded in Chicago, to connect companies with trucks that have available space.UPS has a complicated situation with some locals that have overlapping contracts with their own noneconomic terms. In the Chicago area, that includes locals 705 and 710, which reached tentative deals on noneconomics in the last few days.
The union also won Martin Luther King Jr. Day as a full holiday and ended unwanted overtime on drivers’ days off.
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