December 23, 2024

AP: Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know

BY WYATTE GRANTHAM-PHILIPSUpdated 11:06 AM PDT, August 1, 2023ShareNEW YORK (AP) — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based […]

NPR: UPS union calls off strike threat after securing pay raises for workers

The Teamsters union said it has secured pay raises for United Parcel Service workers, averting what would have been one of the largest strikes in U.S. history. “UPS has put $30 billion in new money on the table as a direct result of these negotiations,” Teamsters general president Sean O’Brien said in a statement. “This […]

NEW YORK (AP) — The clock is ticking. As the deadline to reach a new contract nears, a potential UPS strike feels closer than ever.

Negotiations broke down earlier this month and unionized workers have been holding rallies and practice pickets across the country. The Teamsters, which represent more than half of the company’s workforce, will resume talks with UPS on Tuesday. That leaves less than a week to come to an agreement before the current contract expires at the […]

UPS strike would trigger pandemic-era supply chain issues, expert says

As talks between UPS and the union that represents more than 300,000 delivery drivers break down, a strike this summer is looking more likely. That could impact 25 to 30 percent of parcels and packages shipped in the U.S. The Teamsters represent 340,000 UPS workers. If a strike does happen, it would be the first since a […]

UPS, Teamsters negotiations to resume next week

We are pleased to be back at the negotiating table next week to resolve the few remaining open issues. We are prepared to increase our industry-leading pay and benefits, but need to work quickly to finalize a fair deal that provides certainty for our customers, our employees and businesses across the country. https://about.ups.com/us/en/newsroom/press-releases/people-led/ups–teamsters-negotiations-to-resume-next-week.html