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After 15 days, the Teamsters and UPS came to a five-year contract agreement that ended the strike. In addition, the starting pay rate of $8 per hour for part-timers was to be raised by 50 cents, while drivers were to make an additional $3.10 on top of their average $19.95 hourly rate, and part-time workers would be granted an additional $4.10 ...
Rank-and-file members of the Teamsters union have overwhelmingly ratified a five-year deal with UPS, putting an end to the threat of a crippling strike.
Last summer, Teamsters and UPS were engrossed in intense bargaining for a new labor contract to represent some 340,000 workers nationwide. After months of negotiations, strike threats and walking ...
UPS and the Teamsters reached a tentative deal on a new labor contract Tuesday, potentially averting what could have been a crippling strike. What it means really is up to the 340,000 rank-and ...
The Teamsters Union and UPS reached a tentative contract agreement Tuesday to avoid a potentially disastrous strike that would have had wide-ranging effects on the economy. “Today, the Teamsters ...
The company created a program in which 3,600 workers who had reached the retirement age of 60 received full pension benefits, 4,000 workers aged 40–59 who had ten years with Studebaker received lump sum payments valued at roughly 15% of the actuarial value of their pension benefits, and the remaining 2,900 workers received no pensions.