Costco Agrees to New Contract with Teamsters, Avoiding Strike

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Costco Agrees to New Contract with Teamsters, Avoiding Strike
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Costco and the Teamsters union have reached a tentative agreement on a new contract, averting a potential strike. Details of the agreement are not yet public but must be approved by union members. Teamsters members at Costco had previously voted in favor of a strike if a new contract wasn't reached by the deadline.

UPS teamsters and workers hold a rally, Friday, July 21, 2023, in Atlanta, as a national strike deadline nears. Labor Day is right around the corner.

Teamsters spokesman Matthew McQuaid confirmed the agreement, which will have to be approved by members. Details of the agreement weren’t immediately available. The Associated Press left a message seeking comment with On Jan. 20, Teamsters members at Costco voted overwhelmingly in favor of a strike if a new three-year contract agreement wasn’t reached by midnight Friday, when the current contract expired.

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