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Sysco urges Teamsters to end strike after agreeing on wages but dispute remains over strike timing language

Market News
12 Oct 2026
Na
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Sysco urges Teamsters to end strike after agreeing on wages but dispute remains over strike timing language

Sysco Corporation and Teamsters Locals 630 and 848 have agreed on wages, benefits, and pension terms, but the strike continues due to union demands allowing strikes at any time, risking service disruptions in Los Angeles. Sysco offered an $8 hourly wage increase by April 2027 and other benefits, emphasizing the importance of reliable service for hospitals, schools, and restaurants. The company urges the union to end the strike and finalize the agreement to avoid further disruption. Negotiations remain focused on balancing fair employee compensation with uninterrupted service to customers.

Sysco Corporation's stock price stands at USD 78.14 with no change in the last day as of Oct 12, 2026 12:02 WIB on Pluang. The company holds a market capitalization of $38.44 billion and offers a dividend yield of 2.82%. Despite ongoing strike negotiations, Sysco's shares remain steady, reflecting investor focus on its long-term value and stable sector position.

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