UPS Tells Shippers to Prepare for Freight Strike
Unionized employees at UPS Freight (the industrial shipping unit that handles heavy shipments) will be voting on the company's latest contract offer next week and the company has warned its customers that a work stoppage may occur. The contract had been extended until November 12th. The company is preparing for a disruption in services, and has warned that the last day for freight pickups is next Wednesday and that it aims to clear its network of all freight by the end of that week The contract had been rejected by 62% of voters with about two-thirds of ballots cast. The union wants tighter restrictions on subcontracting out work, higher wage increases and getting rid of restrictions on qualifying for pension and vacation benefits.
See "UPS Tells Shippers to Prepare for Freight Strike", Paul Ziobro, Wall Street Journal, November 1, 2018