Impending UPS Strike Threatens Major Disruption in the US

Talks between UPS and its workers in the US have broken down, increasing the likelihood of the first strike at the company in over 25 years. The workers are demanding higher pay and better work conditions, citing the surge in work during the pandemic. A potential strike could cause significant disruption to the economy, as UPS delivers millions of packages daily and handles goods worth about 6% of the US economy. Both sides had appeared to be making progress, but pay rises remain a sticking point. The current contract expires on July 31, and if no deal is reached, a strike could occur.