UPS-Teamsters deal dents financials

UPS, fresh off a tough row with the Teamsters, cut its financial outlook for 2023 after tense labor negotiations impacted costs for the delivery giant, the company disclosed.


UPS, Teamsters talks break down

UPS reportedly walked away from the bargaining table after the Teamsters National Negotiating Committee unanimously rejected the delivery company’s offer early Wednesday morning.


UPS Teamsters vote to strike

UPS' 350,000 Teamster member employees have voted to authorize a strike beginning Aug. 1 unless the package delivery giant meets their demands amid ongoing contract negotiations.


What UPS tells us about the economy

UPS provided clues about which direction the U.S. economy is heading in the short and long term for 2023, this as the Fed makes is latest decision on interest rates Wednesday.