With a month before strike deadline, Teamsters walk away from talks with UPS | CNN Business

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The Teamsters union says it has walked away from negotiations with United Parcel Service with just over a month to go before its contract expires

The union, whose rank-and-file members have already authorized a strike if a new deal with the parcel carrier is not reached by the July 31 contract expiration deadline, is demanding that UPS present it with its “last, best, and final offer” by this Friday. It would then present the offer to the 340,000 members who work at UPS with the expectations that they would reject the deal, in the hopes that it would force the company to improve the offer before the deadline.

In late March the unions and Disney reached a deal without a strike that got the members wage hikes close to the unions’ initial demands, and membership ratified that deal. Some customers could soon start to move their business to competitors, however, such as nonunion FedEx\n \n , or the US Postal Service. UPS CEO Carol Tome has insisted there can be a deal reached that is a win for the union members, the company and its customers.

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