UPS Teamsters on the Verge of Strike: Updates and Preparations

The Teamsters union representing UPS workers has voted to authorize a strike if no agreement is reached by July 31, when the current contract expires. This would be the largest single-employer strike in U.S. history. While negotiations are ongoing, a strike could have significant implications on the economy, as UPS delivers about 6% of the nation's GDP. Competitors like FedEx and the U.S. Postal Service lack the capacity to absorb the nearly 20 million packages that UPS would stop delivering daily if a strike occurred. The Teamsters have made progress on some demands, but not all. The current contract expires on July 31, and a strike could be triggered on August 1 if no agreement is reached.