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UPS and the Teamsters union reached a tentative agreement for a new five-year contract covering 340,000 workers at the nation’s largest package carrier, six days before a threatened strike that ...
The company's labor contract with the International Brotherhood of Teamsters expires Aug. 1, and the Teamsters union has already threatened a strike if there is no pact by that day.
The Teamsters union, which represents about 340,000 UPS workers, voted by an overwhelming 86.3% to ratify the new contract, which will raise wages for full- and part-time UPS workers, create more ...
But the union said that existing full- and part-time UPS Teamsters will get $2.75 more per hour in 2023, and $7.50 more per hour, or more than $15,000 a year, over the length of the contract.
UPS cut its full-year revenue and profitability targets earlier this month, citing higher-than-expected labor costs and business lost during the tumultuous contract talks with the Teamsters.
Talks between shipping giant United Parcel Service (UPS) and the International Brotherhood of Teamsters fell apart last week, upping the possibility that the union could strike in a massive ...
UPS and the Teamsters reached a tentative deal on a new labor contract Tuesday, potentially averting what could have been a crippling strike. What it means really is up to the 340,000 rank-and ...
Teamsters Union president Sean O’Brien said at a rally Saturday that the deliveries represented 7% of GDP. The last UPS strike was in 1997, when roughly 185,000 workers walked out.