UPS workers' strike looms as negotiations hit standstill

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UPS workers' strike looms as negotiations hit standstill
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The International Brotherhood of Teamsters walked away from negotiations Wednesday, demanding that UPS give its “last, best, and final offer' no later than June 30.

Contract negotiations between the International Brotherhood of Teamsters and UPS are at a standstill. Teamsters - the union representing about 340- thousand UPS workers has given the multimillion dollar shipping company until Friday to improve its offer - if not union heads say the workers will strike.

In a brief statement, United Parcel Service said it has offered significant changes to its initial financial proposal and that "Reaching consensus requires time and serious, detailed discussion, but it also requires give-and-take from both sides." UPS has pushed back on those claims by boasting that it provides workers with industry-leading pay and benefits.

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