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The Latest Breaking News from UPS

UPS Stock Skids As Labor Deal Details Trim Shipping Giant's Outlook

UPS reported mixed second-quarter financials and that the recent labor deal could reduce 2023 revenue.

Investors Business Daily

Option Volatility and Earnings Report for August 7 - 11

Last week was busy on the earnings front, so this week is a little quieter in comparison. However, we still have DIS, PLTR, UPS and TTD reporting.

Barchart

Shipping Bellwether Rockets As Profit Slows; UPS Q2 On Deck

Logistics leader XPO profit falls less than expected, but fuel surcharges dwindle. Is that a signal for Tuesday's UPS stock earnings?

Investors Business Daily

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Sweet moment UPS driver surprises his children after long week of deliveries

‘You can tell he’s a great dad,’ viewer says

The Independent UK

Bullish Outlook? Consider These 3 Bull Put Spread Ideas for this Wednesday

Despite the pullback yesterday, it remains a bullish market and today I’ve got three bull put spread ideas to consider.

Barchart

UPS and UAW Labor Disputes Rage Over Wage Fights: Kiplinger Economic Forecasts

United Auto Workers are at a standstill in negotiations with the Big Three automakers, and UPS has narrowly avoided a Teamsters strike, for now.

Kiplinger

Consumer demand for speed and convenience drives labor unrest among workers in Hollywood and at UPS

Drastic changes in consumer demands are driving labor unrest in diverse industries upended by technology

The Independent UK

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The most extreme heat in a generation is roasting workers and experts say companies need to step in and help

“On a pragmatic level, we’re talking about what the future of business operations is going to look like in a changing climate."

Fortune

‘It feels like it’s strike summer’: US unions flex muscles across industries

Labor is increasingly militant after years of inaction, energized by star power from the actors’ and writers’ strikes

The Guardian - US

US parcel shipping giant UPS and union reach agreement, averting strike

US parcel shipping company UPS and the International Brotherhood of Teamsters union have agreed on a deal to renew a five-year labour contract. Although the deal still has to be ratified by union members next month, it will avert a strike that could have started as early as next week.…

France 24

UPS and Teamsters agree on new contract, averting costly strike that could have delayed deliveries for consumers and retailers

The International Brotherhood of Teamsters union and UPS have agreed on a new five-year contract that boosts wages and guarantees more air conditioning in drivers’ trucks. The tentative deal, struck on July 25, 2023, came one week before an Aug. 1 deadline that the Teamsters had set for threatened strike…

The Conversation

Teamsters Deliver with This Major "Win-Win-Win" Labor Contract

Champagne corks are popping at UPS after a new last-minute labor deal is reached just before a July 31 strike deadline.

The Street

UPS and Teamsters Reach Tentative Agreement on Contract

Union membership still needs to ratify the contract to avert a strike.

Kiplinger

UPS And Teamsters Seal Win-Win Agreement, Averting Strike

Teamsters union and UPS reach five-year agreement, avoiding potential strike

Zenger

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Chicago Sun-Times

UPS driver shot in Humboldt Park

The driver, 32, was in the 700 block of North Trumbull Avenue when shots were fired shortly after 10 a.m., according to the Chicago Fire Department.

WEKU

UPS union calls off strike threat after securing pay raises for workers

A tentative agreement between UPS and the Teamsters has averted a potential strike at the company. The deal will secure pay raises for part-time workers.

The Guardian - US

UPS and Teamsters union announce tentative agreement, averting strike

Bargaining committee endorses five-year contract which includes wage increases and Martin Luther King Day as paid holiday

The Independent UK

UPS reaches contract with 340,000 unionized workers, averting potentially calamitous strike

UPS has reached a contract agreement with its 340,000-person strong union Tuesday, averting a strike that had the potential to disrupt logistics nationwide for businesses and households alike

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Chicago Sun-Times

A UPS strike could be just around the corner. Here’s what you need to know

Following a negotiation stalemate that started earlier this month and rallies held across the country, the union and UPS say they will resume talks Tuesday.

The Street

UPS Strike: Why Your Packages Could Go Missing Soon

Your packages could be lost in limbo -- and that includes non-UPS packages.

The Guardian - US

‘They’re fired up’: Teamsters president on looming UPS strike

Sean O’Brien could be leading his union in one of the biggest – and costliest – strike at a single private employer in US history

The Guardian - US

Summer of discontent: will US strikes spell trouble for ‘union guy’ Biden?

Widespread industrial action could cloud president’s ‘Bidenomics’ pitch to voters but some see a chance to shine as a champion of working people

Kiplinger

With Possible Strike Looming, UPS and Teamsters to Resume Talks Next Week

With a possible strike on the horizon, UPS and the Teamsters are set to resume talks next week over a new contract and supplemental agreements covering local regions.

The Independent UK

A UPS strike could be just around the corner. Here’s what you need to know

As the deadline to reach a new contract nears, a potential UPS strike feels closer than ever

The Independent UK

A UPS strike could be just around the corner. Here's what you need to know

As the deadline to reach a new contract nears, a potential UPS strike feels closer than ever

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