UAW Workers Overwhelmingly Vote to Authorize StrikesCNMC reports UAW Workers Overwhelmingly Vote to Authorize StrikesThe UAW said 98% of hourly workers and 99% of salaried workers at Ford voted in favor of the strike authorization. The UAW has more than $825 million in its strike fund, which it uses to pay eligible members who are on strike. Assuming 150,000 or so UAW members covered by the contracts, strike pay would cost the union about $75 million per week. If a UAW strike happens, it will have devastating consequences for truckload demand. If a UAW strike happens, it will have devastating consequences for truckload demand.”

Source: Wall Street Journal August 29, 2023 15:56 UTC