Sysco Calls On Los Angeles Teamster Locals to End Strike

MT newswire2026/10/12 07:45

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

03:45 AM EDT, 10/12/2026 (MT Newswires) -- Sysco (SYY) on Monday called on the Teamsters union to end their strike at the food distributor's Los Angeles facility, and finalize an agreement. Sysco and Teamsters Locals 630 and 848 have agreed on terms relating to wages, pension contributions, benefits and time off, but an unresolved issue is union-demanded language that could permit strikes at any time, the company said. Sysco has offered an $8.00-per-hour pay increase by April 2027, with wage growth of more than 40% over the contract term, with improved pension contributions, vacation and overtime pay, Sysco said. Union representatives did not immediately respond to a request for comment from MT Newswires.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

BlackRock CEO Larry Fink has issued a rare recession warning, stating that if the United States imposes any form of moratorium on data center construction, the economy will plunge directly into recession. As the midterm elections approach, the construction of AI infrastructure has escalated from a business issue to a political bombshell. Analysts predict that AI capital expenditures could surpass 1 trillion dollars by 2027. Any disruption in policy would trigger a chain reaction impacting the supply chain, job market, and energy industry.

华尔街见闻•2026/10/15 02:41