GCCA Calls on Biden Administration to Help Avert UPS/Teamsters Strike

On July 20^th, GCCA joined over 200 organizations in signing a letter to President Biden calling on his administration to engage with UPS and the Teamsters to avert a potential strike.  The current contract is set to expire on August 1^st.  Should the parties fail to reach a resolution by then a strike could result.  The letter highlights that UPS is a vital lifeline for America, moving between 5% and 6% of U.S. GDP, or $3.8 billion in goods, per day. A Teamsters strike against UPS could be the costliest such strike in at least a century, with significant and lasting harm. A strike could lead to months-long backlogs in the supply chain and the interruption of essential deliveries.  One study estimates that a 15-day UPS strike would harm the health and safety of U.S. consumers by $55.5 billion; even a 5-day strike at UPS, by this account, would harm the country by $15.8 billion – or $3.7 billion per day. The letter cites recent successes of the Biden Administration’s engagement to avert strikes in railroads and West Coast ports as examples to draw from to prevent the potential strike.