UPS released their profits and revenue financials yesterday for the third quarter of 2024, with higher than expected profits despite a slowdown in online sales in the United States.
Profits were $2.0 billion, up 22.8% over last year. Revenue was up 5.6%, to $22.2 billion for the quarter.
US Package volume was up 6.6% compared to the third quarter of 2023.
Read more here.
The Teamsters are backing the Faster Labor Contracts Act (FLCA), a new bill introduced by Sens. Josh Hawley (R-MO) and Cory Booker (D-NJ) that would require employers to start contract negotiations with newly organized workers within 10 days of voting to form their union.
NLRB Board member Gwynne Wilcox has been reinstated, restoring the Board's quorum and enabling it to resume issuing decisions about violations of workers' rights to organize.
