As far as the contract, ups is projected to make 5 billion plus in profits in 2016. I don't think they'll get away with concessions. But anything is possible. It all depends on how the union and us employees together approach those negotiations.
They have been making record profits for years. When I started at ups, I was getting dollar raises every year, we now get 70c, which Compared to our current wage is half of what we were getting in the late 90s percentage wise. We've been accepting concessions for the past 2/3 contracts and are so blind we can't even see it.
Driver making 23 dollars an hour getting 1 dollar yearly raise
Driver making 34 dollars and hour getting a 70 cent raise
Huge huge difference. But instead of being the industry leader, ups says look at other companies and be happy your getting 70 cents. Total flip flop from being the ones setting the bar in the shipping industry. Brought the percentage issue up to one of my on roads recently who drove for years and has been a on road for years, he chuckled and said your one of the few that realize what's happening.