UPS reaches 'historic' contract with 340K unionized workers, averting potentially calamitous strike

GENERAL. >> SIGH OF RELIEF. ANNOUNCED A TENTATIVE DEAL. I'M JULIAN GLOVER. >> I'M KRISTEN SZE. HISTORIC. THAT IS HOW THE TEAMSTERS UNION IS DESCRIBING THE DEAL WITH UPS, REACHED ONE HOUR AGO. >> WE ARE LEARNING MORE ABOUT THAT NOW. AMANDA DEL CASTILLO HAS THE LATEST DEVELOPMENTS. >> WE ARE TALKING ABOUT 340,000 UNIONIZED WORKERS WOULD HAVE BEEN READY TO STRIKE AUGUST 1. SEVERAL LOCATIONS, INCLUDING THIS ONE HERE, HELD PRACTICE PICKETING EVENTS TO PREPARE FOR THE POTENTIAL STRIKE. NO LONGER NEEDED AFTER THESE DEVELOPMENTS. TEAMSTERS WIN HISTORIC UPS CONTRACT. THAT DECLARATION POSTED BY THE UNION REPRESENTING MORE THAN 340 THOUSAND UPS WORKERS NATIONWIDE. COMING ONLY DAYS BEFORE WHAT COULD HAVE BEEN A SIGNIFICANT COUNTRYWIDE STRIKE. EXPERTS SAY THE TENTATIVE AGREEMENT AVERTED A LOGISTICAL NIGHTMARE. >> THIS IS GREAT NEWS FOR THE ECONOMY. THIS HAS AVERTED A LOT OF PRICE INCREASES THAT MIGHT HAVE TRIGGERED BECAUSE OF SHIPPING DELAYS AND INCREASED SHIPPING COSTS AND THINGS LIKE THAT. BOTH FOR THE ECONOMY AND SMALL BUSINESSES, THIS IS GREAT NEWS. >> UPS AND UNION REPS WERE AT THE BARGAINING TABLE TODAY FOR THE FIRST TIME SINCE THE JULY 5 DEADLOCK. EARLY ON, THEY REACHED AN AGREEMENT ON A NUMBER OF SAFETY ISSUES, INCLUDING AIR CONDITIONING EQUIPMENT AND TRUCKS. AS A RESULT OF THE RETURN, THE PRESIDENT ANNOUNCED UPS PUT $30 BILLION IN NEW MONEY ON THE TABLE. SAYING IN PART "WE'VE CHANGED THE GAME, BATTLING IT OUT DAY AND NIGHT TO MAKE SURE OUR MEMBERS WON AN AGREEMENT THAT PAYS STRONG WAGES, REWARDS THEIR LABOR, AND DOESN'T REQUIRE A SINGLE CONCESSION." ADDING THE CONTRACT SETS A NEW STANDARD WITH THE LABOR MOVEMENT, RAISING THE BAR FOR ALL WORKERS. WELCOME NEWS FOR CONSUMERS ACROSS THE COUNTRY. >> IT HAS MADE THINGS EASIER IN TERMS OF RELYING ON E-COMMERCE. ALL OF THOSE THINGS, THAT PANIC BUTTON BEING PRESSED BY MANY PEOPLE IN TERMS OF THE DELAY AND IF IT WILL BE A PROBLEM. >> UPS SAID "THIS AGREEMENT CONTINUES TO REWARD UPS FULL-TIME AND PART-TIME EMPLOYEES WITH INDUSTRY-LEADING PAY AND BENEFITS WHILE RETAINING THE FLEXIBILITY WE NEED TO STAY COMPETITIVE, SERVE OUR CUSTOMERS, AND KEEP OUR BUSINESS STRONG." THEY REACHED A TENTATIVE AGREEMENT THIS MORNING. VOTING BEGINS AUGUST 3 THROUGH

Channel: ABC7 News Bay Area

Views: 18,450

Keywords: news, abc, abc7news, ups, strike, union, agreement, contract, teamsters, ups tentative agreement, ups agreement, ups negotiations update today, ups deal

Id: Ub1erUV-Osw

Length: 2min 59sec (179 seconds)

Published: Tue Jul 25 2023