This market alert is to provide an update on the status of the UPS negotiations and potential strike. We know hospitals are closely monitoring the situation and we are providing this alert to be sure they are aware of the most recent announcement this afternoon. News organizations are reporting that negotiations have paused for the week and are not expected to resume until next Tuesday, July 25.
With this afternoon’s announcement, there was no other information or indication that any meaningful progress has been made. As a result, it is recommended that hospitals operate with the assumption that the strike will occur and activate contingency plans to ensure minimal disruption to critical supply deliveries.
Miga will continue to monitor the situation and communicate any new information as it becomes available.