UPS Labor Talks Stall as Union Balks Over ‘Unacceptable’ Offer

More than 300,000 United Parcel Service Inc. workers are closer to striking after the company failed to reach an agreement with the International Brotherhood of Teamsters, threatening to plunge the US supply chain into disruption if a deal isn’t reached this month.

Weeks of talks between UPS and the Teamsters fell apart early Wednesday morning in Washington after stretching through the July 4 holiday, with beleaguered negotiators emerging just after 4 a.m. to say the talks had collapsed.

WATCH: The White House is monitoring talks between UPS and its workers.

Source: Bloomberg

The two sides quickly traded barbs on who was to blame for the breakdown.

“This multibillion-dollar corporation has plenty to give ...