News

East Coast armored carriers on strike; ATMs could run out of cash over holiday weekend

July 1, 2004

PHILADELPHIA - Armored carriers who service the majority of the ATMs in Pennsylvania, New Jersey and Delaware are on strike, which may affect consumers' ability to get cash from ATMs over the July 4 holiday weekend.

According to an NBC10report, Loomis Fargo & Co. and the union representing workers ended talks on July 1 without a deal; no talks are scheduled over the holiday weekend.

Workers are on strike over contract issues including driver safety, wages and health care.

Union members say it is unsafe for workers to travel only in pairs. They are requesting three-person crews when handling cash from ATMs.

Unable to reach an agreement with company officials, the union warns ATMs may run out of cash over the busy weekend. Clients include U.S. Bank, Bank of America, Fleet and Wachovia, as well as area casinos.

Loomis Fargo officials say there will not be a cash shortage. "We are confident our operation will be 100 percent by this weekend," a company spokesperson told NBC10.