SEE ALSO: UPS reports record profit but forecasts a slower 2023 "We continue to make progress on key issues and remain confident that we will reach an agreement that provides wins for our employees, the Teamsters, our company and our customers." "Authorization votes and approvals are normal steps in labor union negotiations," the company said. UPS said in a prepared statement the strike vote does not impact the company's current business operations. That means a strike would carry with it potentially far-reaching implications for the economy. The company says it delivers the equivalent of about 6% of nation's gross domestic product. UPS has grown vastly since then and become even more engrained in the U.S. If a strike occurs, it would be the first since a 15-day walkout by 185,000 workers crippled the company a quarter century ago. The Teamsters represent about 340,000 UPS employees, more than half of the company's workforce in the largest private-sector contract in North America. "The strongest leverage our members have is their labor and they are prepared to withhold it to ensure UPS acts accordingly." "If this multibillion-dollar corporation fails to deliver on the contract that our hardworking members deserve, UPS will be striking itself," Teamsters General President Sean O'Brien said in a prepared statement.
RELATED: UPS, union reach deal to install air conditioning in all delivery vans as strike threat looms But a yes vote does not mean a strike is imminent. The Teamsters said 97% of unionized workers voted for the authorization, which the union urged for in order to have more leverage during negotiations with the company. The above video is from a previous report. NEW YORK - Unionized UPS workers voted overwhelmingly on Friday to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can't come to an agreement before their contract expires next month. UPS has agreed to install air conditioning in its trucks, a major issue in ongoing contract negotiations.
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