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United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
Unionized UPS workers have accepted a new five-year contract that the company’s CEO claims will see delivery drivers earn an average of $170,000 in annual pay and benefits by the end of the five ...
Current part-time workers also will see a bump in pay and benefits, bringing their pay to at least $25.75 an hour by the end of the 5-year contract. Average UPS driver to make $170,000 in pay ...
UPS drivers and the Teamsters Union achieved a significant victory this week when UPS CEO Carol Tome announced an agreement with drivers to avoid a labor strike. At the end of the five-year ...
UPS Airlines is a major American cargo airline based in Louisville, Kentucky, US. [8] One of the largest cargo airlines worldwide in terms of freight volume flown, UPS Airlines flies to 815 destinations worldwide. [9] It has been a wholly owned subsidiary of United Parcel Service since its launch in 1988.
The strike effectively shut down United Parcel Service (UPS) operations for 15 days [2] and costs UPS hundreds of millions of dollars. [3] The strike was a victory for the union, resulting in a new contract that increased their wages, secured their existing benefits and gave increased job security .
Management stays mum on the precise cost, claiming only that the five-year deal works out to be less costly than Teamster leaders claim.
While CEO of UPS in 2008, his first year in the role, Davis earned a total compensation of $5.2 million, which included a base salary of $960,000 and various bonuses and other compensation. [6] In 2012, he received stock worth $8.7 million as CEO and chairman of UPS, down 7% from the $9.5 million in 2011.