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The Latest UPS Headlines
UPS’s New Contract With Teamsters Removes Strike Threat
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<blockquote data-quote="cheryl" data-source="post: 1127116" data-attributes="member: 1"><p><a href="http://www.bloomberg.com/news/2013-04-26/ups-s-new-contract-with-teamsters-removes-strike-threat.html" target="_blank"><strong>UPS’s New Contract With Teamsters Removes Strike Threat - Bloomberg</strong></a></p><p></p><p>The accord includes “substantial” pay raises, higher wages for new part-time employees and the creation of 2,000 more full-time jobs from the ranks of part-timers, the union said yesterday in an e-mailed statement. The agreement will go to a ratification vote among rank-and-file drivers, package sorters and clerks at the world’s largest package-delivery company and will take effect on Aug. 1. </p><p></p><p>United Parcel Service Inc. (UPS) and the Teamsters union agreed to a new five-year contract covering 250,000 employees, erasing the risk of losing some business even with only the threat of a strike. </p><p></p><p>The contract preserves health-care benefits and boosts pension contributions, making it a win for UPS Teamsters “at a time when workers and their pay, benefits and working conditions are under attack by corporate America,” Teamsters General President Jim Hoffa said in the statement.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1127116, member: 1"] [URL="http://www.bloomberg.com/news/2013-04-26/ups-s-new-contract-with-teamsters-removes-strike-threat.html"][B]UPS’s New Contract With Teamsters Removes Strike Threat - Bloomberg[/B][/URL] The accord includes “substantial” pay raises, higher wages for new part-time employees and the creation of 2,000 more full-time jobs from the ranks of part-timers, the union said yesterday in an e-mailed statement. The agreement will go to a ratification vote among rank-and-file drivers, package sorters and clerks at the world’s largest package-delivery company and will take effect on Aug. 1. United Parcel Service Inc. (UPS) and the Teamsters union agreed to a new five-year contract covering 250,000 employees, erasing the risk of losing some business even with only the threat of a strike. The contract preserves health-care benefits and boosts pension contributions, making it a win for UPS Teamsters “at a time when workers and their pay, benefits and working conditions are under attack by corporate America,” Teamsters General President Jim Hoffa said in the statement. [/QUOTE]
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