UPS Profits Soar to $10.9 Billion; We Are Coming for Ours in Contract 2023

UPS announced fourth quarter operating profits of $3.9 billion, bringing its haul for 2021 to $10.9 billion in operating profits. The announcement sent stock prices skyrocketing. UPS Teamsters need to unite to win what we deserve in our next contract.

ups-profits_thumb.jpgToday’s announcement of UPS’s record profits came, the same week that many part-timers are taking pay cuts because of expiring Market Rate Adjustments. 

Under the contract imposed by Hoffa, 22.4 drivers are stuck with two-tier wages. Many RPCDs have been forced to work a sixth day punch. Subcontracting is rampant in feeders. Full-time 22.3 jobs have been eliminated. The grievance procedure is broken. And many part-timers get poverty wages.

Uniting to Win the Contract We Deserve

UPS’s billions in profits are produced by Teamster labor. The company has cashed in on a concessionary contract that members rejected.

No wonder UPSers voted overwhelmingly for new leadership and a new direction in our International Union.

We voted for change. Now it’s time to make it happen by uniting to win the contract we deserve.

What do we need to fight for in the next contract and what are you ready to do to make it happen.

Click here to let us know.

 

Get Advice Join TDU Donate

Recent News

Costco Teamsters: Vote No!

Costco Teamsters were mailed ballots on May 20th to vote on a substandard contract offer. Teamster members and the National Negotiating Committee agree: members need to get informed, talk with other Teamsters, and Vote No on this slap in the face. 

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

View More News Posts