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UPS Prepared Too Well for Holiday Rush and Paid the Price

January 26, 2015
Mary Schlangenstein and Michael Sasso Business Week January 26, 2015 View the original piece After missing millions of deliveries on Christmas in 2013, United Parcel Service Inc.(UPS:US) promised it would do better next time. It hired thousands more workers to ensure it could handle a deluge of shipments on its busiest days. The improvements worked, maybe too well. Click here to read more at Businessweek.

UPS Lowers 4Q Earnings Forecast on Holiday Costs

January 24, 2015
Transport Topics January 24, 2015 View the original piece UPS Inc. said fourth-quarter earnings per share will be $1.25, lagging Wall Street estimates, because of higher costs related to U.S. deliveries during the peak season. “While [domestic] package volume and revenue results were in line with expectations, operating profit was negatively impacted by higher-than-expected peak-related expenses,” the statement said. UPS also said 2015 earnings would be “slightly below” its prior full-year target of 9% to...

TeamCare Report: Flush with Money

January 13, 2015
January 13, 2015: The Central States Health and Welfare Fund (TeamCare) is flush with money, as Hoffa and Hall make excuses for benefit cuts that UPS Teamsters and retirees have suffered. The latest (2nd quarter 2014) TeamCare Financial and Analytical Report shows that its reserves continued to grow at an annual rate of $326 million per year during the first half of 2014.  The report notes that UPS paid a lump sum of $1.713 billion to...

Lessons from a UPS Contract Victory

January 08, 2015
January 8, 2015: While other Teamsters were taking concessions, UPS Teamsters in New York Local 804 won a $400 pension increase, 150 new full-time jobs and grievance procedure reform. Local 804 President Tim Sylvester explained how they did it in a speech to the Labor Notes conference of union leaders and activists.   “When the International Union makes givebacks to UPS, they are sending a message to every employer—that the concessions stand is open in the Teamsters Union. We decided to send a...

UPS Profits From Pension Cuts

January 08, 2015
January 8, 2015: The lame duck Congress attached pension cut legislation to the end-of-year spending bill that will pave the way for the worst pension cuts in Teamster history. Leave it to UPS to find a way to make billions off this disaster.   UPS lobbyists fought for and won a special interest loophole that shifts $2 billion in the company’s pension responsibilities onto the backs of Teamster retirees in the Central States.   These retirees will now face even bigger pension cuts as...
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UPS Teamsters: Get Ready for April Contract Actions

March 19, 2023

More than 1,300 UPS Teamsters just participated in our webinar on Getting Ready For April Contract Kickoff Actions. We will post a video of the webinar, including guest speaker Sean O'Brien, on Monday. Click here to help organize a contract action in April. Click here to join TDU and get a free Ready to Strike Hoodie or contract banner.

United Auto Workers Members Elect New, Insurgent Leadership!

March 17, 2023

It's a new day in the United Auto Workers union. Fueled by anger at concessions, corruption, and two-tier deals, members are set to elect Shawn Fain as International Union President in the first one-member, one-vote election in UAW history. Fain is backed by the rank-and-file movement Unite All Workers for Democracy (UAWD).

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