A failure to reach an agreement could snarl supply chains.
, who won over Wall Street after boosting profit margins during the pandemic.
The two sides are racing to prevent what would be the first UPS strike in a quarter century at a time the American economy has become much more dependent on shipping goods. A failure to reach a speedy resolution could snarl supply chains. Competitors, including FedEx Corp. and the U.S. Postal Service, wouldn’t have enough capacity to absorb the nearly 20 million U.S. packages that UPS delivers every day.
Both leaders want to exit these negotiations on a stronger footing. But they also know the talks could devolve into conflict, weakening them in the process.
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