UPS, Teamsters Talks End With No Deal To Avoid Strike

A marathon negotiating session between UPS and the Teamsters union ended early Wednesday morning with both sides accusing the other of walking away from the table.

Photo Insert: Despite a strike deadline being almost four weeks away, some customers are likely to sign long-term deals with UPS competitors by the end of this week if there is not a tentative agreement between the two sides.

There are no signs of a contract settlement in sight, Chris Isidore and Vanessa Yurkevich reported for CNN.

The current contract expires July 31, which means 340,000 UPS workers could go on strike August 1. The two sides had been trying to reach a deal to stop nervous UPS customers from starting to move their business to rival delivery services including the US Postal Service and nonunion FedEx.

Despite a strike deadline being almost four weeks away, some customers are likely to sign long-term deals with UPS competitors by the end of this week if there is not a tentative agreement between the two sides, said Satish Jindel, president of ShipMatrix, a software provider that works with parcel shippers.

Many in the shipping community had been looking for a deal between UPS and the teamsters by the end of the July 4 holiday weekend, he said.

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