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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ640G9_L.jpgHere is a timeline of key events leading up to the impasse in negotiations:
Date Event
April 17, United Parcel Service and the International
2023 Brotherhood of Teamsters Union began labor
contract talks covering roughly 340,000 U.S.
drivers, package handlers and loaders at the
global delivery firm.
June 5, The Teamsters Union said it will begin in-person
2023 voting for strike authorization if UPS refuses to
negotiate a fair agreement before the contract
expires on July 31.
June 22, The Teamsters Union said union employees voted
2023 overwhelmingly to authorize a strike should
contract talks break down after the current
agreement ends at midnight on July 31.
June 28, The union demanded that UPS make its “last, best,
2023 and final offer no later than June 30.
June 30, UPS delivered a revised offer with “significant
2023 movement on wages and other economic language.
The union said UPS has requested more time to
negotiate and pledged to reach a deal no later
than July 5.
July 3, The US Teamsters Union asked the global delivery
2023 firm to reach a contract deal by Wednesday (July
5).
July 5, The Teamsters Union said UPS made an offer that
2023 was unanimously rejected and that the company had
“walked away from the bargaining table.” UPS
denied the claim.