UPS strikes deal with Teamsters, averting national strike - CBS
United Parcel Service workers and their union have reached a tentative agreement on a five-year contract. If approved, the pact averts what threatened to be the first walkout in decades at the shipping giant.
The deal negotiated with the Teamsters covers 250,000 workers -- mostly drivers and package handlers -- and includes pay increases. It also lays the groundwork for Sunday deliveries by UPS.
Denis T, co-chairman of the Teamsters' UPS national negotiating committee, in a statement called the agreement "among the very best ever negotiated for UPS members."
United Parcel Service workers and their union have reached a tentative agreement on a five-year contract. If approved, the pact averts what threatened to be the first walkout in decades at the shipping giant.
The deal negotiated with the Teamsters covers 250,000 workers -- mostly drivers and package handlers -- and includes pay increases. It also lays the groundwork for Sunday deliveries by UPS.
Denis T, co-chairman of the Teamsters' UPS national negotiating committee, in a statement called the agreement "among the very best ever negotiated for UPS members."