Teamsters / UPS Reach Deal to Avert Strike

On July 25^th, Teamsters and UPS announced a deal to avert a potential strike which could have dramatically impacted the supply chain; causing American consumers an estimated $55 billion in losses over the course of just 15 days.  GCCA had recently joined industry partners in calling on the Biden Administration to increase its engagement with the parties to avoid a strike. The deal reached is the single largest private sector collective bargaining agreement in all North America. “Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,” UPS CEO Carol Tomé said. “Rank-and-file UPS Teamsters sacrificed everything to get this country through a pandemic and enabled UPS to reap record-setting profits. Teamster labor moves America. The union went into this fight committed to winning for our members. We demanded the best contract in the history of UPS, and we got it,” Teamsters General President Sean O’Brien said.   The deal includes an immediate raise of $2.75 for part- and full-time employees, set part-timers wage at $21 an hour minimum, increasing top-rate wages for full time drivers to $49 an hour, mandate air condition and cargo ventilation for all vehicles after Jan 1^st, 2024, no forced overtime on days off, and receiving MLK day as a full holiday.  More information on the agreement can be found here.