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<blockquote data-quote="moreluck" data-source="post: 223954" data-attributes="member: 1246"><p><strong>UPS CEO "optimistic" of new union contract in '07</strong></p><p></p><p>Tue Jul 24, 2007 8:56AM EDT</p><p>CHICAGO, July 24 (Reuters) - The top executive of United Parcel Service Inc. (UPS.N: <a href="http://www.reuters.com/stocks/quote?symbol=UPS.N" target="_blank"><u><span style="color: #0000ff">Quote</span></u></a>, <a href="http://www.reuters.com/stocks/companyProfile?symbol=UPS.N" target="_blank"><u><span style="color: #0000ff">Profile</span></u></a>, <a href="http://www.reuters.com/stocks/researchReports?symbol=UPS.N" target="_blank"><u><span style="color: #0000ff">Research</span></u></a>) said on Tuesday that he was hopeful the company would have a new contract with its unionized drivers by the end of 2007.</p><p>"I'm optimistic that we can have a new contract by the end of the year," Chief Executive Officer Mike Eskew said in a conference call with analysts.</p><p>The world's largest package delivery company is in contract negotiations with its drivers in the United States, who are represented by the International Brotherhood of Teamsters. (Reporting by Nick Carey)</p></blockquote><p></p>
[QUOTE="moreluck, post: 223954, member: 1246"] [B]UPS CEO "optimistic" of new union contract in '07[/B] Tue Jul 24, 2007 8:56AM EDT CHICAGO, July 24 (Reuters) - The top executive of United Parcel Service Inc. (UPS.N: [URL="http://www.reuters.com/stocks/quote?symbol=UPS.N"][U][COLOR=#0000ff]Quote[/COLOR][/U][/URL], [URL="http://www.reuters.com/stocks/companyProfile?symbol=UPS.N"][U][COLOR=#0000ff]Profile[/COLOR][/U][/URL], [URL="http://www.reuters.com/stocks/researchReports?symbol=UPS.N"][U][COLOR=#0000ff]Research[/COLOR][/U][/URL]) said on Tuesday that he was hopeful the company would have a new contract with its unionized drivers by the end of 2007. "I'm optimistic that we can have a new contract by the end of the year," Chief Executive Officer Mike Eskew said in a conference call with analysts. The world's largest package delivery company is in contract negotiations with its drivers in the United States, who are represented by the International Brotherhood of Teamsters. (Reporting by Nick Carey) [/QUOTE]
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