Teamsters vote down new UPS labor contract [Seeking Alpha]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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US:NYSE Investor Relations:
investors.ups.com
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Source: Seeking Alpha
Teamsters members reject a new contract with United Parcel Service (NYSE: UPS ), with preliminary results showing 54% of votes cast opposed the five-year deal that represents 243K drivers, package sorters and other workers. Members also rejected various other regional and local agreements, striking a blow to UPS and Teamsters leadership that tried to sell its rank-and-file on the contracts. UPS says it will meet with the union to discuss next steps, but the vote adds a layer of uncertainty as the company heads into its critical peak period, when the amount of packages flowing through its network spikes.
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UPS
Earnings
- 4/23/24 - Beat
UPS
Sec Filings
- 5/3/24 - Form 10-Q
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- UPS's page on the SEC website