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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 ...
The Teamsters' only other Amazon union victory was short-lived: In 2017, delivery drivers in Michigan who worked at a company that contracts with Amazon voted to organize. But Amazon dissolved ...
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.
Here’s what you need to know about the potential UPS strike and how it could impact shipping. The Teamsters union has set July 31 as its negotiation deadline.
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.
Other costs include estimated direct losses at UPS of $816 million, as well as $1.1 billion in lost wages by 340,000 members of the Teamsters union at the company. The remaining costs would be ...