UPS says teamsters strike not imminent despite vote approval - Atlanta Business Chronicle
UPS expects that the International Brotherhood of Teamsters will approve a strike authorization tonight, but says that the vote does not mean an actual boycott is brewing.
A spokesman for United Parcel Service Inc. (NYSE: UPS) told Atlanta Business Chronicle that the IBT called for a strike authorization vote related to ongoing collective bargaining talks, with the vote to be tabulated and announced tonight.
UPS describes this tactic as a common way to drive media attention and put public pressure on a company during negotiations. The Atlanta-based logistics giant also stresses that the strike authorization vote doesn't give the IBT an ability to call a strike while the current national master agreements are in effect through July 31.
UPS expects that the International Brotherhood of Teamsters will approve a strike authorization tonight, but says that the vote does not mean an actual boycott is brewing.
A spokesman for United Parcel Service Inc. (NYSE: UPS) told Atlanta Business Chronicle that the IBT called for a strike authorization vote related to ongoing collective bargaining talks, with the vote to be tabulated and announced tonight.
UPS describes this tactic as a common way to drive media attention and put public pressure on a company during negotiations. The Atlanta-based logistics giant also stresses that the strike authorization vote doesn't give the IBT an ability to call a strike while the current national master agreements are in effect through July 31.