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UAW members grow weary five weeks into strike, supply starts to thin
October 20, 2023 // Fletcher says workers are waiting for Ford and Stellantis to put all Electric Vehicle battery production in a UAW agreement similar to what GM pledged to do two weeks ago. But he said he feels Ford has given them a good enough offer he can live with. "Like I tell all these young guys – they’re wanting the moon and the stars – take what you can get before you lose what you got," he said. Experts in the auto industry are saying the strike has prompted a widening shortage of midsize trucks, which were already in short supply when the strike began in mid-September.
GM is shaping up to be the hardest hit by the UAW strike
October 9, 2023 // UAW members have been on strike for more than three weeks against Ford, GM, and Jeep-maker Stellantis, demanding hefty wage increases, an end to the tiered wage system, and more job security in the EV age, among other key issues. The UAW, led by President Shawn Fain, is taking a new approach as the union strikes all three companies at once for the first time. He has announced three targeted work stoppages since the strike began September 15, and GM is the only company that has been targeted all three times. Ford and Stellantis, meanwhile, have only been hit twice each. GM narrowly avoided a fourth strike Friday with an offer that delayed Fain's weekly update for members. The union president added no new strike targets, despite being prepared to shut down production at GM's highly profitable SUV factory in Arlington, Texas. In the face of this threat, Fain said, the UAW nabbed a win on union representation for future battery plants.
Auto suppliers say if UAW strikes expand to more plants, it could mean the end for many
September 20, 2023 // There are about 1,000 supplier facilities in Michigan, he said, noting that 96 of the top 100 suppliers to the North American auto market either have their headquarters or a facility in Michigan. So if the strike expands to other automaker plants and lasts into weeks, the job layoffs could reach into tens of thousands. "You have the direct employment and you have the multiplier affect of each of the automotive jobs and that is between six to 10 people for every one automaker job, so it’s substantial," Stevens said. "This is the largest industry in our economy. It has an economic contribution of over $300 billion annually to the state of Michigan.
Michigan businesses urged to prepare for UPS strike by Teamsters
July 21, 2023 // So just how big is UPS to cause such concerns? It transports about 6 percent of the nation’s gross domestic product. When it comes to total revenue from the nation’s domestic shipping, the U.S. Postal Service had the largest share at 32 percent in 2022 followed by UPS at 24 percent, Amazon Logistics at 23 percent, and FedEx with 19 percent, per the Pitney Bowes Parcel Shipping Index. UPS averaged 24.3 million parcels a day last year and 6.2 billion for 2022, which generated a company record $100.3 billion in revenue,
Prominent auto analyst on UAW contract talks: ‘I think we’re going to see a strike’
June 22, 2023 // Auto analysts at Bank of America feel confident in the likelihood of a United Auto Workers strike of at least one of the Detroit automakers later this year — and they expect the union to secure wage and benefit improvements that result in 25% to 30% higher labor costs for the companies over the four years of the contract. That's according to comments made Wednesday by John Murphy, managing director and lead U.S. auto analyst in equity research at Bank of America, during the financial institution's annual "Car Wars" presentation. The event was hosted by the Automotive Press Association. John Murphy, managing director and lead U.S. auto analyst in equity research at Bank of America, expects UAW members to be on the picket lines this September against at least one of the Detroit Three automakers. “I think we’re going to see a strike on Sept. 15," said Murphy. The UAW's current contracts with Ford Motor Co., General Motors Co. and Stellantis NV expire Sept. 14. Talks on a new agreement are slated to start this summer. Murphy said he's highly confident in at least one strike happening, and that the chances of a subsequent strike at one of the other automakers is "much higher than normal."