Teamsters, UPS reach contract agreement

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Teamsters, UPS reach contract agreement - Reuters

The Teamsters Union and United Parcel Service (UPS) on Sunday said they reached a tentative five-year agreement that will boost the wages of parcel workers and increase the company's contributions to funds that provide pensions and benefits.

The agreement comes after a year of talks and covers about 240,000 full- and part-time union members at the world's largest parcel delivery company.
 
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