The union recently voted to increase dues and up its line of credit. Its contract with UPS, negotiated after a 15-day strike in 1997, expires on July 31. UPS head, Mike Eskew, admitted he was concerned about the labor situation in an address to an Atlanta Rotary Club.
See "COMPANIES & FINANCE INTERNATIONAL: UPS admits its 'concern' over Teamsters pay strike threat", Barbara Durr, Financial Times, May 6, 2002