In the following video, Motley Fool industrial analyst Blake Bos takes a look at the preliminary counts coming in for UPS' (NYSE: UPS ) labor contract vote. While the national master contract looks as though it will pass, 14 regional and local contracts have been rejected so far. Blake discusses in the video why he thinks a strike would be unlikely, but shows how the margin the contract is passing by highlights a much bigger problem for UPS: nearly half of its employees are dissatisfied with the contract. He compares this vote to the last labor contract vote tally at UPS, which shows that employee satisfaction rates may be getting worse, not better.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report, "3 Stocks That Will Help You Retire Rich," names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.