Workers union says UPS talks have collapsed; Shares fall
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UPS shares slide as Teamsters negotiations stall, accuse each other of walking away
July 5, 2023 11:30 AM EDTUPS (NYSE: UPS) shares fell around 2% Wednesday after UPS and Teamsters released statements accusing each side of walking away from negotiations regarding contract talks
UPS said, "Teamsters have stopped negotiating," despite its "historic proposals," while Teamster stated, "UPS walked away from the bargaining... More
