Teamsters, UPS reach new labor agreement
ATLANTA, Ga. — Just 16 days before their current labor contract was to expire, the Teamsters have come to terms with United Parcel Service.
Terms of the new deal, which covers some 230,000 employees, are slated to be released later today. Teamsters spokesman Brent Caldwell says he expects the results of a union vote on the agreement will be available by about this time next month.
The two sides reaching an early agreement is in stark contrast to five years ago, when talks broke down and lead to a two week work stoppage, costing UPS more than $750 million in lost business.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.