Teamsters Vote By 97% To Strike If United Parcel Service Fails To Deliver Strong Contract
Portfolio Pulse from Benzinga Newsdesk
Teamsters, representing United Parcel Service (UPS) workers, have voted 97% in favor of a strike if UPS fails to deliver a strong contract. This could potentially disrupt UPS operations.
June 16, 2023 | 3:46 pm
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A potential strike by Teamsters could disrupt United Parcel Service's operations if a strong contract is not delivered.
The news of a potential strike by Teamsters, who represent UPS workers, could negatively impact UPS's stock price in the short term. A strike would disrupt operations, potentially leading to delays and loss of revenue. Investors may be concerned about the company's ability to negotiate a strong contract and avoid a strike.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100