June 25,2013 No Strike. Teamsters vote overwhelmingly to support new contract. You unhappy folks should go out & see if you can find delivery driver jobs making over $37 per hour plus stock & benefits.
UPS drivers do not make $37/hour............why lie about it??????
Even management does not make that much....and most of the loaders are part time workers making less than $10
Every teamster I know voted not just NO but &%#$ NO. We don't make $37 per hr.,stock is for management and benefits are getting cut in half since the teamsters passed the master agreement with a hand shake so UPS wouldn't lose any accts and now the union has control of our health care. UPS pays the union. 50% cut in bennies, retirees pay for healthcare but no change in benefits and the Union pockets the other half of the money UPS gives they for healthcare for us. After we retire @ the golden age which keeps going up. The union denies us medical treatment if you high-risk, so you die and they don't have to pay you #$%$ then. I want some transparency.....Teamsters.....who's team are you on? Never mind the handshake lets strike. If you got the high price hoe and the big house and the boat, sorry about your luck. Can't live beyond your mean if you can't afford it.
hurry, hurry, hurry but don't forget the methods & safety, by the way we had to cut a route here's an extra 30 stops 10 pickups and 3 air stops....
As far as stock its going to between $73-78 in 6 months.
Sentiment: Strong Sell
Let's not let the truth get in the way. Final numbers are not in yet, since Indy has not been counted, due to ballot mishap. Passage is up by about 5000 votes on national, so it will pass, with most supplements and riders being rejected.
I would hope they are already back at the table, but don't know for sure. A lot of things to iron out.
What center do you work at, because at my center, we don't make close to $37/hr, don't get stock, either. I would almost feel jilted, if I thought you drove for UPS and knew that of which you speak.
I have no doubt that the package contract will pass, the freight, not so sure about.
For all the hype for this contract, it does not measure up to that hype. I wont go into the reasons, because this is not that message board.
This contract will pass because most voters will not even read the contract, and will only read the mailings that we have gotten. If somehow this contract gets voted down, that does not mean that a strike will follow. It only means that the two sides will meet again, and hash out a better contract that could be accepted. A strike cannot be enacted without a strike vote, which I believe would only be done if UPS would not bargain in good faith, which won't happen since they already agreed on a contract.
Not sure about this contract but as a rule a strike vote is taken before negotiations even start and usually passes if for nothing more than to give the union negotiators leverage. If it is real or not is open to interpretation
Do you guys really think the Teamsters are in a position to strike against their largest employer in a time when union popularity and influence is waning? Sure, a strike would be devastating but mostly to the employees impacted. The company has been around since 1907 and with its wide moat isn't going anywhere even if activity was halted. What amazes me is the lack of a concerted effort on the Teamsters part to organize at FDX particularly in light of their pathetic use of independent contractors for the segment of their business that competes with UPS ground. These folks get no benefits, pension, disability/workman's comp- nothing of the kind. I think it's safe to assume that those who discuss "a looming strike" at UPS are mostly disaffected employees without a long-term future with the company. Oh- and you can throw in that "Motley Fool" moron into that grouping too for his headline grabbing video.
One related observation about UPS freight. I still see the old white not-to-good-looking trailers on the road. I would have thought the re-branding would have been complete by now. Comments...
And I guess the UPSers you know can well afford one. The truth of the matter is the contact is a done deal.
The International Brotherhood of Teamsters has reached tentative agreements with the United Parcel Service for new five-year national contracts covering nearly 250,000 package and freight workers.
If union members approve the contract during votes at local unions across the country in June, the new agreements will take effect on Aug. 1. Today, the main UPS-Teamsters contract is the largest collective-bargaining agreement in North America.
The proposed contracts provide substantial wage increases, protect health-care benefits and increase company contributions to pension and health benefit plans.
Ken Hall, who began his career working for Pennzoil in Lincoln County, was the lead negotiator for the union. Still president of Local 175 in South Charleston, Hall also is international secretary-treasurer for the Teamsters Union.
Contract negotiations with UPS began in October and intensified in recent weeks, Hall said.
Scott Davis, UPS chairman and CEO, said, "These agreements are a 'win-win-win' for our people, customers and shareholders. The fact that we have reached agreements well before our current contracts expire is a testament to the skills and determination of all those involved in these negotiations."
Davis and other company officials believe reaching an early agreement will protect UPS against any possible losses of business because of the threat of a strike.
"The new contracts enable UPS to remain highly competitive, customer-focused and positioned to deliver transformative technologies in such areas as healthcare logistics and e-commerce on a global scale," UPS stated Thursday in a news release.
"Between money going to wages and to health care, there will be an increase of $8.90 an hour over the next five years in the main contract," Hall said during an interview Saturday.
"Drivers will make over $36 an hour by the end of this contract. That will be more than $58 an hour if you put wages, health care, pension and other benefits together."
The new contract will also raise starting wages for part-time UPS workers by 17 percent, or $1.50 an hour.
"While part-time workers have lower wages, after they work there for one year, they will have full health-care coverage and pension plans. They will be getting well above $20 an hour after a year," Hall said. "Not that many part-time jobs around the country have full medical care and pensions."
The new UPS contract will also create 23,050 new full-time jobs across the country, in addition to job openings created by normal turnover and retirement rates. Hall said those jobs will be filled by people working part time today.
The new contract also helps cut "excessive overtime for full-time workers" and includes "language limiting the company's ability to discharge employees based solely on technology, such as GPS [global positioning system] technology for drivers."
Hall, who began negotiating contracts with UPS in 1993, said more than 235,000 workers are eligible to vote on the main UPS contract in June, while another 12,000 will vote on the UPS Freight contract.
The UPS Freight contract covers workers employed by Overnite, a company UPS purchased in 2006.
UPS Freight workers will get raises of $2.50 an hour over the life of their new contract.
"Their health care will be improved. Their costs for health care have been substantially lowered since they joined the Teamsters," Hall said. "Many UPS Freight road divers, laid off as result of the company subcontracting their work, will be brought back to work."
Since UPS Freight bought Overnite, Hall said, health-care benefits and wages more than doubled for Overnite workers, who were working without any union contract.
"At a time when we are seeing companies dump their employees' health insurance," Hall added, "we are moving 140,000 employees, currently under the company's health-care plan, to Teamster-controlled plans. At the end of the day, nearly all of the 250,000 employees ay UPS will be covered under Teamster-controlled plans."
Also It be hard on the drivers, most of the have huge mortgage payments , boats , new cars and high tax base, They will not bite the hand that feeds them, not as long as MAMA is around, IT IS NOT GOING to happen , lower seniority drivers and hub workers will be out of work for a long time
Sentiment: Strong Buy