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Will UPS Profits Hit $10 Billion in 2021?

Today, UPS announced third quarter profits of $2.3 billion. The company has made a staggering $7.4 billion in profit after taxes in the first nine months this year, and is headed toward a record $10 billion in profits for the year.  

Union Victory on Personal Vehicle Drivers at UPS

New York Local 804, led by Vinnie Perrone, a candidate on the OZ-Teamsters United Slate, has done what the Hoffa administration could not. They have fought back and won against UPS on the critical issue of Personal Vehicle Drivers (PVDs).

Fed Up And Fighting Back at UPS

The contract givebacks imposed in 2018 are coming home to roost for UPSers. What can be done to turn things around?

Some UPS Teamsters to Get 33c Cost of Living Raise

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.”

UPS Smashes 1st Quarter Profit Records

UPS made an astonishing $2.8 billion in operating profit for the first quarter of the year, shattering all-time records and beating Wall Street projections. 

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Opening the Door to Transform the Teamsters: A Pivotal TDU Convention

Teamster leaders and activists prepared to Get Out the Vote, elected new TDU leadership, and set our organization’s goals and strategy at the TDU Convention, October 1-3 in Chicago. 

Will UPS Profits Hit $10 Billion in 2021?

Today, UPS announced third quarter profits of $2.3 billion. The company has made a staggering $7.4 billion in profit after taxes in the first nine months this year, and is headed toward a record $10 billion in profits for the year.  

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