A tentative agreement has been reached between Costco and the Teamsters union, preventing a potential strike by 18,000 Costco workers across six states. The agreement, pending member ratification, comes after a vote authorizing a strike if a new contract wasn’t finalized by the previous contract’s expiration. The union sought a contract reflecting Costco’s substantial recent financial growth. Specific details of the tentative agreement are yet to be released.
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The National Association of Letter Carriers (NALC) overwhelmingly rejected a tentative labor contract with the United States Postal Service (USPS), with 63,680 members voting against it and 26,304 in favor. The rejected agreement included retroactive and future pay raises of 1.3% annually, along with some cost-of-living adjustments (COLAs). Letter carriers cited insufficient compensation for the demanding nature of their work, prompting calls for higher starting pay and an end to mandatory overtime. Negotiations will resume, with arbitration as a final recourse if a new agreement isn’t reached within 15 days.
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John Q. Hosedrinker