Trending...
- Global Leaders Convene in Seattle to Advance Responsible AI and Cross-Border Ecosystems
- Haven Treatment Center Pays It Forward with Donation of 150 Food Boxes and Gift Cards to Evergreen
- AI Needs Guardrails Now: A New Movement Asks People Everywhere to Take the Pledge
ISSAQUAH, Wash., Jan. 23, 2025 ~ As Costco held its annual shareholder meeting at their corporate headquarters in Issaquah, Washington, Teamsters members gathered outside to demand a fair contract. The current contract between Costco and the Teamsters is set to expire on January 31, and the workers are ready to strike if their demands are not met.
Teamsters General President Sean M. O'Brien made it clear that Costco has two options: either respect the hardworking employees who have contributed to their success or face a nationwide strike. O'Brien stated, "Costco Teamsters deserve an industry-leading contract that reflects the company's massive profits. If Costco thinks they can exploit our members while raking in billions, we'll shut them down."
The Costco Teamsters National Negotiating Committee has been in talks with the company but has yet to receive an offer that reflects Costco's record-breaking profits. If a fair contract is not presented by the deadline, which is only eight days away, approximately 18,000 Costco Teamsters across the country will be forced to go on strike.
More on Washingtoner
Paul Lowrie, a member of Teamsters Local 174 and a fleet driver at Costco's Sumner location in Washington, expressed the workers' sentiments by saying, "We're demanding a contract that matches the success we made possible. We don't want to strike, but we're ready if Costco refuses to give us what we've rightfully earned."
Costco's profits have been steadily increasing over the years. In 2024 alone, the company reported $254 billion in revenue and $7.4 billion in net profits – a significant jump from $6.3 billion in 2023 and a staggering 135 percent increase from 2018.
Tom Erickson, Director of the Teamsters Warehouse Division, emphasized that they will hold Costco accountable if they fail to reward their hardworking employees who have contributed to their billions in profits. He stated, "Our members are mobilized, prepared, and ready to do whatever it takes to win the contract they deserve. Costco has eight days to do the right thing."
The International Brotherhood of Teamsters, founded in 1903, represents 1.3 million workers in the United States, Canada, and Puerto Rico. For more information about the organization, visit their website at Teamster.org. You can also follow them on Twitter @Teamsters and like their Facebook page at Facebook.com/teamsters.
For media inquiries, please contact Matt McQuaid at (617) 894-0669.
Teamsters General President Sean M. O'Brien made it clear that Costco has two options: either respect the hardworking employees who have contributed to their success or face a nationwide strike. O'Brien stated, "Costco Teamsters deserve an industry-leading contract that reflects the company's massive profits. If Costco thinks they can exploit our members while raking in billions, we'll shut them down."
The Costco Teamsters National Negotiating Committee has been in talks with the company but has yet to receive an offer that reflects Costco's record-breaking profits. If a fair contract is not presented by the deadline, which is only eight days away, approximately 18,000 Costco Teamsters across the country will be forced to go on strike.
More on Washingtoner
- Brian G. Miller Co., LLC Receives Tier 1 Ranking in the 2027 Edition of Best Law Firms®
- The Villari Firm, PLLC Named to the 2027 Edition of Best Law Firms
- Spokane: City and County Issue Joint Housing and Homelessness Funding RFP
- Spokane: Council Approves Additional Funding to Prepare for Inclement Weather
- Bacchus Wine & Spirits and Michelin Guide–Recommended Ethel's Fancy to Host Exclusive LOUIS XIII Limited Edition Diwali Decanter Celebration
Paul Lowrie, a member of Teamsters Local 174 and a fleet driver at Costco's Sumner location in Washington, expressed the workers' sentiments by saying, "We're demanding a contract that matches the success we made possible. We don't want to strike, but we're ready if Costco refuses to give us what we've rightfully earned."
Costco's profits have been steadily increasing over the years. In 2024 alone, the company reported $254 billion in revenue and $7.4 billion in net profits – a significant jump from $6.3 billion in 2023 and a staggering 135 percent increase from 2018.
Tom Erickson, Director of the Teamsters Warehouse Division, emphasized that they will hold Costco accountable if they fail to reward their hardworking employees who have contributed to their billions in profits. He stated, "Our members are mobilized, prepared, and ready to do whatever it takes to win the contract they deserve. Costco has eight days to do the right thing."
The International Brotherhood of Teamsters, founded in 1903, represents 1.3 million workers in the United States, Canada, and Puerto Rico. For more information about the organization, visit their website at Teamster.org. You can also follow them on Twitter @Teamsters and like their Facebook page at Facebook.com/teamsters.
For media inquiries, please contact Matt McQuaid at (617) 894-0669.
0 Comments
Latest on Washingtoner
- Freight Broker 911 and Milton Collier Introduce "What's The 911?"—A New Podcast Built on Real Talk, Real Freight, and Real Opportunity
- PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales
- Spokane: City And County Seek Federal Grant to Plan for Road Network Wildfire Resilience
- The Great Junk Hunt Returns to Monroe: Kick Off Your Holiday Shopping at the Ultimate Vintage Treas
- AI Trading Agents Track Aerospace and Defense US Stocks Amid Rising Technology Investment (SATS, GILT, TSAT, IREN, JOBY, LUNR)
- KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
- Evluma's RoadMax Edge Roadway Luminaires Earn DarkSky Approved Status
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Tacoma: Public Hearing for Off-Street Parking Code Update Set for December 1
- Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
- Spokane: SPD Makes an Arrest in Yesterday's Early Morning Shooting
- Spokane: Mayor Brown Introduces 2027-2028 Budget Proposal
- Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
- IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
- FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
- Shelter Structures America backs MATRA Second Life Project to turn retired tent vinyl into homes for displaced families
- P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger