Inflation rose 5.0% from May 2020 to May 2021, due to a large bump in May, so some UPS Teamsters will get a 33c per hour cost of living (COLA) raise on August 1, in addition to the contract wage increase of 90c. This is per Article 33 of the contract, which provides for a COLA raise to Teamster employees “who have completed their appropriate wage progression schedule.”

UPSers Teamsters are organizing to win MLK Day as a paid holiday and to end part-time poverty, discrimination and harassment.

UPS reported record-shattering $24.9 billion in fourth-quarter revenue and $7.8 billion in operating profits after taxes for the year. The corporate windfall makes the givebacks imposed by Hoffa & Co. in the 2018 contract an even more bitter pill to swallow than it was already.