UPS Teamsters Issue Ultimatum: Best Contract Offer by Friday or Face Imminent Strike

The International Brotherhood of Teamsters has given UPS an ultimatum, demanding the company's best contract offer by Friday or risk an "imminent" nationwide strike. The union, representing over 340,000 UPS workers, has been negotiating a new contract since April, with requests including longer breaks, air conditioning in delivery trucks, and higher wages. While some non-economic issues have been resolved, the main sticking point is a cost-neutral contract. If UPS fails to provide a satisfactory offer, the Teamsters threaten to strike by August 1, potentially causing disruptions in the supply chain.