Teamsters UPS contract: Average Full-time Delivery Driver Makes $170,000 Annually in Pay and Benefits. American Competitiveness Loses Again To Foreign Workers?

Posted by freedomforall 9 months ago to Economics
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Excerpt:
"As a result of the new contract, Americans are panic searching how to become a UPS driver.
...

The bad news is UPS slashed its full-year revenue and margin forecasts "primarily to reflect the volume impact from labor negotiations and the costs associated with the tentative agreement." Plus a souring outlook means the company won't be hiring en masse anytime soon."
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The destruction of the American economy continues.
SOURCE URL: https://www.zerohedge.com/markets/ups-workers-overwhelmingly-approve-richest-national-contract-decades


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  • Posted by $ BobCat 9 months ago
    Just wondering if UPS will be installing self-delivery/pickup centers since they just raised wages for their personnel. We went thru this a couple of years ago when the minimum wage was boosted to 15/hr -- fast food, grocery, big box etc stores implemented self checkout.
    Watch for more layoffs and reduced service...
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