UPS Strike On The Horizon?

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 It appears so, and it could be costly:

A 10-day UPS strike would be the most expensive strike in at least a century, costing the U.S. economy upwards of $7 billion, a study by the consulting firm Anderson Economic Group found, including $4.6 billion in losses for customers, $1 billion in lost wages and more than $800 million in direct losses at UPS.

If this happens, can any other company compensate? Well:

"In the event of a market disruption, no carrier can absorb all UPS volume," FedEx executives wrote in an internal company memo, according to NPR.

What should we watch for? 

The UPS workers’ contract will expire on July 31 and 97% of union members have voted to authorize a strike if warranted, even after an agreement was reached over hot-button issues like installing air conditioning in delivery trucks amid the warmest June on record.

In the end, threatening to shut things down seems to be the only option left to get the employers to the negotiation table to begin to talk about truly compensating the workers.

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