But talks continue on wages, a crucial issue. The company and the union already have agreements on issues such as adding air conditioning in new delivery trucks. UPS shares fell as much as 1.5% after the news but quickly pared losses to trade down 0.6% in midday trade. 'The results do not mean a strike is imminent and do not impact our current business operations in any way,' the company said. UPS again on Friday said it is confident that the two sides will reach an agreement that provides wins for all involved. The vote comes during relatively cordial talks as new Teamsters General President Sean O'Brien works to get a UPS deal that shares billions of dollars of its pandemic profit with workers and helps to recruit new members - including (AMZN.O) warehouse staff. The Teamsters, representing some 340,000 UPS workers in the United States, said 97% of voting members approved the strike authorization, 'giving the union maximum leverage to win demands at the bargaining table.'
United Parcel Service (UPS) (UPS.N) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends at midnight on July 31, the International Brotherhood of Teamsters said on Friday. LOS ANGELES, June 16 (Reuters) - (This June 16 story has been corrected to fix the date of contract expiration in paragraph 1)
