Industry analysts said the potential for a strike by UPS workers if a new labor agreement isn’t reached with the International Brotherhood of Teamsters holds significant implications across the supply chain. The contract for 340,000 unionized UPS workers expires July 31, and the Teamsters have said members will not work under a contract extension. Talks are at a standstill. On a daily basis, UPS moves an estimated 25 million parcels, which accounts for 6% of the nation’s gross domestic product. 

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