The Teamsters earlier Wednesday said weeks-long labor talks had collapsed, and that UPS had walked away from the bargaining table after the union's negotiating committee rejected what it termed an "unacceptable offer." However, Atlanta-based UPS said in a statement that it is the Teamsters who stopped negotiating, and that the package-delivery giant's offer "builds on our industry-leading pay." The union, which represents more 340,000 full- and part-time UPS workers, said earlier that no further talks are scheduled, and that its members won't work beyond the July 31 expiration of the current contract, which was signed in 2018. UPS workers who are represented by the union last month voted to authorize a strike if talks with the company don't yield a new deal. "We have not walked away, and the union has a responsibility to remain at the table."

Source: Wall Street Journal July 05, 2023 11:43 UTC