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☆ Study estimates a 10-day UPS strike could be most costly in US history at $7.1 billion
▼ + stars: | 2023-07-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —A 10-day UPS strike could cost the US economy $7.1 billion. The union has said it will go on strike August 1 without an agreement on a new contract. The Teamsters union did not have an immediate comment on the study. The $7.1 billion cost estimates would nearly double the $4.2 billion total economic hit of the costliest recent strike, the 2019 strike at General Motors. He said that the cost of the strike would be limited if it only lasts a couple of days, but would increase rapidly after that.

Persons: ”, Glenn Zaccara, Patrick Anderson, Anderson Organizations: New, New York CNN, UPS, Anderson Economic Group, Teamsters, Anderson Economic, General Motors Locations: New York, Michigan

That estimate from Michigan-based Anderson Economic Group (AEG) includes UPS customer losses of $4 billion and lost direct wages of more than $1 billion. A 15-day UPS strike in 1997 disrupted the supply of goods, cost the world's biggest parcel delivery firm $850 million and sent some customers to rivals like FedEx (FDX.N). Roughly 340,000 union-represented UPS workers handle about a quarter of U.S. parcel deliveries and serve virtually every city and town in the nation. A strike could delay millions of daily deliveries, including Amazon.com (AMZN.O) orders, electronic components and lifesaving prescription drugs, shipping experts warned. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike that shut down its profitable U.S. operations.

Persons: Patrick Anderson, Anderson, GM's, Bruce Chan, Chan, Lisa Baertlein, Priyamvada, Pooja Desai, Jonathan Oatis, David Gregorio Our Organizations: United Parcel Service, Anderson Economic Group, AEG, UPS, FedEx, stoke, International Brotherhood of Teamsters, Teamsters, Consumers, UAW, Teamster, Thomson Locations: U.S, Michigan, Los Angeles, Bengaluru

☆ The US economy can’t function smoothly without UPS. That’s why a strike will hurt
▼ + stars: | 2023-07-07 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

That’s why there is so much at stake in contract negotiations between UPS and the Teamsters union. Without a deal, 340,000 Teamsters are preparing to go on strike at the nation’s largest trucking company starting August 1. A UPS strike could spread disruptions like that across much of the country. Their ability to adjust and find alternatives, it’s going to be challenging.”The economy has changed radically in the 26 years since the last UPS strike in 1997. UPS won’t comment on its contingency plans, saying it is focused on reaching a deal that would avoid a strike.

Persons: ”, Patrick Anderson, It’s, “, Sean O’Brien, O’Brien, it’s, Holly Wade, Satish Jindel, Mike Eisner, Jindel, Eisner, Tommy Storch, you’ll, it’ll, ” Storch Organizations: New, New York CNN, UPS isn’t, UPS, Teamsters, Anderson Economic Group, CNN, “ Shipping, National Federation of Independent Business, FedEx, US Postal Service, Postal Service, USPS Locations: New York, Michigan

New York CNN —A marathon negotiating session between UPS and the Teamsters union ended early Wednesday morning with both sides accusing the other of walking away from the table. The current contract expires July 31, which means 340,000 UPS workers could go on strike August 1. Many in the shipping community had been looking for a deal between UPS and the teamsters by the end of the July 4 holiday weekend, he said. Amazon also has its own delivery service now. Neither side has publicly detailed the economic offer that UPS made or what the Teamsters are demanding.

Persons: Satish Jindel, ”, ” Jindel, —, Sean O’Brien, “, ” What’s Organizations: New, New York CNN, UPS, Teamsters, US Postal Service, nonunion FedEx, teamsters, FedEx, Postal Service Locations: New York, ”

Having sex in a car is usually a last resort, born from the trappings of youth. But, without a private place to go to, they found themselves having sex in the back seat of the teamster’s car. Today, Susan shares how car sex turned into something deeper. Want more from Modern Love? We also have swag at the NYT Store and two books, “Modern Love: True Stories of Love, Loss, and Redemption” and “Tiny Love Stories: True Tales of Love in 100 Words or Less.”

Persons: Susan Silas, Susan, —, Anna Martin, Julia Botero, Christina Djossa, Elyssa Dudley, Hans Buetow, Sara Sarasohn, Jen Poyant, Sophia Lanman, Maddy Masiello, Rowan Niemisto, Pat McCusker, Dan Powell, Daniel Jones, Miya Lee, Mahima Chablani, Jeffrey Miranda, Renan Borelli, Nina Lassam, Julia Simon, Anna Diamond, ”

☆ Republican senator challenges Teamster president to a 'MMA fight for charity' after the union boss told him 'you know where to find me
▼ + stars: | 2023-06-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

GOP Sen. Markwayne Mullin challenged a union boss to a MMA fight for charity. "An attention-seeking union Teamster boss is trying to be punchy after our Senate hearing. MMA fight for charity of our choice," Mullin wrote on his official Twitter account. An attention-seeking union Teamster boss is trying to be punchy after our Senate hearing. MMA fight for charity of our choice.

Persons: Sen, Markwayne Mullin, Sean O'Brien, O'Brien, Mullin, —, Republican Sen, — Markwayne Mullin, James P, Hoffa, Jimmy Hoffa, Michael Avenatti, Avenatti, Stormy Daniels, Donald Trump Jr, Bernie Sanders, Sanders Organizations: Service, Republican, Oklahoma, Monday, Teamster Union, National Wrestling Hall of Fame, Teamsters, Health, Education, Labor, Pensions, Tulsa World Locations: Tulsa, Tulsa , Oklahoma, Oklahoma

LOS ANGELES, June 16 (Reuters) - United Parcel Service (UPS) (UPS.N) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends in two weeks, the International Brotherhood of Teamsters said on Friday. The vote is a standard practice in union contract campaigns designed to give leverage to the union representing some 340,000 UPS workers. Tancredi, a partner at consultancy West Monroe, said interdependence between the Teamsters and UPS reduces strike risk. "They get what they pay for," Schreiner said of UPS adding that company delivery drivers, who make about $150,000 annually including base pay and benefits before overtime, "earn it." UPS shares fell as much as 1.5% after the news but quickly pared losses to trade down 0.6% in midday trade.

Persons: Sean O'Brien, Jeremy Tancredi, Tancredi, Rikki Schreiner, Schreiner, Lisa Baertlein, Shivansh, Jamie Freed Organizations: United Parcel Service, International Brotherhood of Teamsters, Teamsters, UPS, West, Reuters, FedEx, Thomson Locations: ANGELES, West Monroe, Eagan , Minnesota, Los Angeles, Bangalore

☆ Teamsters will likely authorize a UPS strike Friday
▼ + stars: | 2023-06-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Members of the Teamsters union are almost certain to approve a massive strike at UPS in a vote concluding Friday. More than 330,000 Teamsters work at UPS (UPS), making it the largest unionized employer in the private sector. And it is crucial to the nation’s economy, with an estimated 6% of the United States’ gross domestic product, the broadest measure of economic activity, moving aboard UPS (UPS) trucks. UPS workers and Teamsters members during a rally outside a UPS hub in the Brooklyn borough of New York, US, on Friday, April 21, 2023. But Teamsters General President Sean O’Brien, while acknowledging the progress that has been made, refuses to say whether he thinks a strike is likely or not.

Persons: Teamsters haven’t, Paul Frangipane, ”, Will, Carol Tome, ” Tome, Sean O’Brien, “, James P, Hoffa, O’Brien, ” O’Brien Organizations: New, New York CNN, Teamsters, UPS, United, Occupational Safety, Health Administration, Bloomberg, Deutsche Bank, CNN, Teamster Locations: New York, United States, Texas, Brooklyn

New York CNN —Negotiators for UPS and the Teamsters union have reached a tentative agreement on a crucial issue in their contract talks: The shipping giant has finally agreed to install air conditioning – gradually – in its entire fleet of 95,000 delivery vans. The issue of air conditioning was a major bargaining goal for the union in the negotiations. The agreement does not require retrofitting the existing vans with air conditioning. “Heat safety is no exception.”The tentative agreement on air conditioning is not the only sign of progress. The surge in online purchases that started during the height of the pandemic drove record package delivery volumes for UPS and other delivery services.

Persons: they’ve, Sean O’Brien, ” Organizations: New, New York CNN, UPS, Teamsters, Occupational Safety, Health Administration, Health, ”, “ Locations: New York

☆ A massive UPS strike could devastate the economy. It could be just eight weeks away
▼ + stars: | 2023-06-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —The Teamsters union is holding a vote right now among more than 330,000 members to authorize a strike against UPS. If UPS workers strike, it would be the largest single-employer strike in US history. UPS (UPS) is simply too big – delivering an average of 17 million domestic packages a day – to have all the packages it handles moved by competitors. The strike vote being conducted through July 16 is likely to pass overwhelmingly, as virtually all such votes do. If a deal is reached, but a majority vote against it, there will still be a strike this time.

Persons: couldn’t, Sean O’Brien, ”, Carol Tome, it’s, O’Brien, “, James Hoffa, Hoffa, ” O’Brien Organizations: New, New York CNN, Teamsters, UPS, United, FedEx, US Postal Service, CNN, ” Union, Teamster, Deutsche Bank Locations: New York, United States

☆ The W.G.A. Strike Feels Personal to Me. - The New York Times
▼ + stars: | 2023-06-01 | by ( Ron Currie | ) www.nytimes.com time to read: +2 min

Most discussion of the Hollywood writers’ strike has centered on money: the studio chiefs, tech demigods and private equity oligarchs who have it and the writers like myself whose labor should entitle us to a greater share of it. One morning back in the summer of 2002, I was walking my dog when I got a call that my father was having a heart attack. Dad was a longtime Teamster, Local 340, which represents a grab-bag of freight jockeys, municipal workers and emergency services types. By the time I arrived, doctors had succeeded in dissolving the clot that had been choking off one of his coronary arteries. I found him lying in the I.C.U., less than a quarter of his heart muscle still functioning.

Persons: ’, we’ve, He’d, Dad, twitching Organizations: Hollywood, Writers Guild of America, Teamster

REUTERS/Aude GuerrucciLOS ANGELES, April 17 (Reuters) - United Parcel Service (UPS.N) and the International Brotherhood of Teamsters union will on Monday start U.S. private sector labor contract talks covering roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm. The powerful Teamsters union wants an agreement that shares billions of dollars in UPS pandemic profits with workers, exerts leverage over other negotiations and helps to recruit new members - including Amazon warehouse workers. UPS, the world's biggest parcel delivery firm and No. "Failure is not an option," Teamsters General President Sean O'Brien told a rally on an April 2 in Boston. These are the first labor talks for both O'Brien and UPS CEO Carol Tomé.

☆ UPS and FedEx are clawing back ground from smaller package-delivery firms. Here's how the little guys plan to defend their share.
▼ + stars: | 2023-04-13 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Amazon, FedEx, UPS, and the postal service hold 97% of the US package delivery market. Smaller delivery companies were major beneficiaries of the pandemic boom times for e-commerce. "There was a long runway for these delivery companies when FedEx and UPS didn't want your business," said Derek Lossing, an Amazon Logistics alum who now advises investors. Smaller carriers are competing less with UPS and FedEx, and more with each other. UPS and FedEx will still be in the picture, but the smaller players can outperform them in some areas.

☆ UPS cutting back on some jobs as Teamster labor talks loom
▼ + stars: | 2023-02-13 | by ( Lisa Baertlein | ) www.reuters.com time to read: +2 min

With the move, UPS joins rival FedEx (FDX.N) and other major transportation companies in trimming jobs as the early pandemic's e-commerce shipping boom fizzles. But the stakes are higher at UPS, which is preparing for the largest North American private sector union contract negotiations later this year that will pit the world's largest package delivery firm against the powerful Teamsters union. The contract covering roughly 350,000 Teamsters-represented drivers, loaders, package sorters and other UPS workers expires on July 31. "This is not nationwide, but only in select parts of the country, in response to uneven demand," UPS said. According to the UPS labor contract, reassigned full-time workers could opt to leave or take another job.

☆ UPS soared through the pandemic — but its biggest challenge in 25 years is still to come
▼ + stars: | 2023-01-30 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

UPS CEO Carol Tomé successfully led UPS through the pandemic. Then, he was a UPS hub manager in the Seattle area — almost halfway through his two decades with the company. But it's headed into rough terrain again this year as the contract with its union drivers expires this summer, threatening a strike that could disrupt millions of deliveries. O'Brien wants to use the UPS negotiations as a sales pitch to Amazon workers — demonstrating what a union can get them. All the while, they've demonstrated record profits," Gooding said of UPS.

☆ UPS' drivers union is threatening to strike over 6 key issues
▼ + stars: | 2023-01-14 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

The Teamsters union has begun meetings to plan its upcoming contract negotiations with UPS. The contract expires next July and members will be ready to strike, union leadership told Insider. Leading the Teamsters union, which represents UPS drivers, package handlers, and warehouse workers is Sean O'Brien, a long-time local union leader in Boston. O'Brien and some regular UPS drivers have said eliminating this position is a top priority. According to the existing contract, UPS can hire PVDs as seasonal laborers as long as it gives priority to union employees.

☆ The supply chain crisis is coming to an end — but 2 looming threats could reignite the chaos
▼ + stars: | 2022-12-20 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

Holiday shopping went well, so you might assume supply chains are fixed. At a quick glance, supply chains have healed and shopping seems back to normal. Supply chains are running much more smoothly than they have in more than two years right now. A major indicator that supply chains have been off balance is the inventory-to-sales ratio, which is tracked by the US Census Bureau. A return to seasonal rushes and lulls, without massive, global disruptions, will be the sign that supply chains are "back to normal."

☆ I'm a UPS driver. I'm paid well and like the solitude, but management still makes me want to quit most days.
▼ + stars: | 2022-12-11 | by ( Jenny Powers | ) www.businessinsider.com time to read: +7 min

Insider spoke to a longtime UPS driver about their job. The driver said the job has its perks, like solitude, pay, and sometimes scenic routes. As a UPS delivery driver for many years, I've experienced everything from the good and the bad to the downright ugly. If they accept and they already have a dedicated route, then their route opens up and bids are taken on that route. Are you a UPS driver with an interesting story?

☆ Biden releasing nearly $36 billion to aid pensions of union workers
▼ + stars: | 2022-12-08 | by ( ) www.cnbc.com time to read: +2 min

President Joe Biden on Thursday is announcing the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of more than 350,000 Teamster workers and retirees across the United States. Many union retirement plans have been under financial pressure because of underfunding and other issues. Biden traveled to Ohio in July to highlight the final rules for the pension relief program. The amount going to the Central States Pension Fund represents somewhere between one-third and one-half of the total estimated cost of the federal aid program. The retirement plan has participants in almost every state, with the largest concentration in the Midwest.

☆ Deutsche Bank upgrades UPS, says macro concerns are now fully priced into the stock
▼ + stars: | 2022-11-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Deutsche Bank is changing its perspective on United Parcel Service , believing macro concerns are now priced into the stock. Earlier concerns of a shifting macro environment and labor contract negotiations are already reflected in the shares, Mehrotra said. Shares of UPS have come under pressure this year, falling 16% amid a murky macro picture. "The bottom line is UPS shares appear to us as overindexing transitory headwinds rather than the structural opportunity for consistent profitable growth," Mehrotra wrote. "While this is completely understandable in the current macro environment, we feel we're closer to the point where shares can get better credit for the sustainable returns being generated."

☆ Next up for US unions: Major contracts for 700,000 workers
▼ + stars: | 2022-09-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

In terms of big US labor contracts, however, this is just the opening act. And as with the rail unions, members are focused on staffing shortages and scheduling problems that they say have brought many employees to a breaking point. And soon after the Teamsters contract for UPS ground workers expires, contracts for UPS pilots and aircraft mechanics become amendable. That’s a major concern for unions whose members build engines and transmissions. But that settlement did not address the looming question of what a switch to EVs will mean for union workers going forward.

☆ 6 issues that could push UPS drivers to strike as they gear up to negotiate a new contract
▼ + stars: | 2022-08-05 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

The contract expires next July and members will be ready to strike, union leadership told Insider. Leading the Teamsters union, which represents UPS drivers, package handlers, and warehouse workers is Sean O'Brien, a long-time local union leader in Boston. "Walking backwards is difficult," O'Brien told Insider. O'Brien and some regular UPS drivers have said eliminating this position is a top priority. According to the existing contract, UPS can hire PVDs as seasonal laborers as long as it gives priority to union employees.

☆ UPS is facing down a fight with its drivers' union over the weekend delivery it needs to compete with Amazon and FedEx
▼ + stars: | 2021-12-15 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

Several regular drivers told Insider they'd be happy to work for the extra pay— but it's not worth the aggravation. Why Saturdays stinkWhile weekday drivers generally have an assigned route and learn it intimately, weekend drivers are often handed a new itinerary every shift, drivers said. He'll have at least some support there: Several drivers told Insider that getting rid of the 22.4 position should be the Teamsters' top priority. Any carrier that devotes capacity to weekend service will "lose a ton of money," Shanker said, if retailers don't take advantage. UPS' weekend strategy may soon get a shakeup from a newly emboldened union — and some seriously frustrated drivers.

☆ Made Men: A photo tour of the most notorious sites of New York Mafia history – and what they look like now
▼ + stars: | 2021-07-23 | by ( Andrew Lichtenstein | ) www.businessinsider.com time to read: +25 min

Andrew Lichtenstein for InsiderManhattan's Hell's Kitchen neighborhood, on the western edge of Midtown, got its name from its crowded tenements. On March, 13, 2019, Gambino family crime boss Frankie Cali was shot dead in the driveway outside his Todt Hill home. Andrew Lichtenstein for InsiderThe service road to the Belt Parkway runs through the northern edge of the Brighton Beach neighborhood. John Gotti's Family Home, Howard Beach, QueensThe home where John Gotti, the leader of the Gambino crime family. It's here that John Gotti, the leader of the Gambino crime family and thus the 'Godfather' of the American mafia, lived and raised his family.

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