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UPS Union Issues
Teamster Union Trust - hall Public Relations Issues
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<blockquote data-quote="Bagels" data-source="post: 1122937" data-attributes="member: 43436"><p>I've written this before and I'll write it again: anybody who thought we'd quickly, easily & swiftly earn a favorable contract was foolish. UPS's labor costs are handicapping its growth position and UPS needs to demonstrate to Wall Street that it's addressing it. Unfortunately, the Teamsters have nothing to offer (e.g. Central States Pension) that would quickly settle the situation. It's still completely plausible that as the deadline nears, UPS will relent and offer us a very favorable short-term (four years) contract, justifying it to Wall Street as 'the short-term and long-term damage of a strike would've been much worse, and during these four years we can re-evaluate our position.' Quite honestly, I'm skeptical that UPS would be willing to give up the $$$ attached to the benefits it currently controls.</p><p></p><p>But all this talk that we're being sold out, etc. is just nonsense. Absolutely NOTHING has been presented to us and until it is we need to reserve judgement.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1122937, member: 43436"] I've written this before and I'll write it again: anybody who thought we'd quickly, easily & swiftly earn a favorable contract was foolish. UPS's labor costs are handicapping its growth position and UPS needs to demonstrate to Wall Street that it's addressing it. Unfortunately, the Teamsters have nothing to offer (e.g. Central States Pension) that would quickly settle the situation. It's still completely plausible that as the deadline nears, UPS will relent and offer us a very favorable short-term (four years) contract, justifying it to Wall Street as 'the short-term and long-term damage of a strike would've been much worse, and during these four years we can re-evaluate our position.' Quite honestly, I'm skeptical that UPS would be willing to give up the $$$ attached to the benefits it currently controls. But all this talk that we're being sold out, etc. is just nonsense. Absolutely NOTHING has been presented to us and until it is we need to reserve judgement. [/QUOTE]
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