Thursday, July 13, 2023 2:38:33 PM
BY Lisa Baertlein, REUTERS
https://stockcharts.com/h-sc/ui?s=UPS
(Reuters) -A threatened U.S. strike at United Parcel Service ( UPS ) could be "one of the costliest in at least a century," a think tank specializing in the economic impact of labor actions said on Thursday.
Potential losses from a 10-day strike at the world's biggest package delivery company could top $7 billion, according to an estimate from Michigan-based Anderson Economic Group (AEG). That number includes UPS customer losses of $4 billion and lost direct wages of more than $1 billion.
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