Earlier this week, the Teamsters announced that its members voted overwhelmingly in favor of striking UPS. Although UPS and Teamster leadership have reached agreements on a number of non-economic concerns, they haven't made any progress on the most basic. A great deal for UPS, as its existing full-time drivers earn an average of $36 an hour. UPS Teamsters United, positioned as the “opposition group,” argues that the company’s $5 billion profit (posted in 2017), is more than adequate to fund a more reasonable, if not equivalent arrangement for the part-timers. Or, is it just as possible that our bustling economy has helped UPS drivers finally feel their collective oats?

Source: Forbes June 08, 2018 18:53 UTC