UPS workers ratify 5-year contract, averting potentially crippling...

United Parcel Service (UPS) workers have ratified a new five-year contract, eliminating the possibility of a strike and ensuring timely Christmas deliveries while also improving pay and working conditions.

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Relevant topic timeline:

8/23/2023

After UPS, Teamsters ratify new labor contract, here's what workers are saying

After tense negotiations, UPS and the Teamsters union have ratified a new five-year labor contract, preventing what would have been the largest single employer strike in US history and providing higher wages and improved benefits for workers.

8/23/2023

UPS workers approve 5-year contract, capping contentious negotiations that threatened deliveries

The union representing UPS workers has approved a tentative contract agreement, ending contentious labor negotiations that could have disrupted package deliveries; 86% of votes were in favor of ratifying the contract, which the Teamsters claim is the most lucrative ever negotiated by the union and sets a new standard for pay and benefits.

8/23/2023

Teamsters approve UPS contract with raises for drivers, package sorters

Unionized UPS workers have voted to accept a five-year contract that includes significant pay raises, workplace improvements, and the elimination of certain unfair practices, marking a major success for the U.S. union movement.

8/25/2023

‘Amazon better pay attention’: UPS CEO says delivery drivers will earn an average of $170K in newly ratified 'historic' contract — but one driver says that's ‘a bit of an exaggeration'

UPS workers have approved a new contract that promises an average of $170,000 in annual pay and benefits by the end of the five-year term, according to the company's CEO, although a UPS driver argues that additional factors such as medical insurance and pension also need to be considered.

9/4/2023

'Perfect storm': What is causing labor strikes and disputes?

Labor unions across the United States, from UPS employees to United Autoworkers, are demanding better working conditions and higher wages due to increased workloads and insufficient pay, leading to an increase in strikes.

9/12/2023

UPS Stock Slumps on New Union Deal and Growth Concerns

United Parcel Service (UPS) stock has been declining due to a new labor deal with the Teamsters union, which has resulted in higher labor costs and lowered earnings estimates.

9/14/2023

UPS Courts Customers Lost During Contract Talks With Deals and Bonuses

UPS is working aggressively to win back customers who switched to rivals like FedEx and the post office during the threat of a Teamsters strike, offering new services, deals, and signing bonuses in an effort to rebuild its business by the end of 2023.

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Posted 8/22/2023, 10:57:00 PM

UPS workers ratify 5-year contract, averting potentially crippling...

nypost.com

Relevant topic timeline:

8/23/2023

After UPS, Teamsters ratify new labor contract, here's what workers are saying

8/23/2023

UPS workers approve 5-year contract, capping contentious negotiations that threatened deliveries

8/23/2023

Teamsters approve UPS contract with raises for drivers, package sorters

8/25/2023

‘Amazon better pay attention’: UPS CEO says delivery drivers will earn an average of $170K in newly ratified 'historic' contract — but one driver says that's ‘a bit of an exaggeration'

9/4/2023

'Perfect storm': What is causing labor strikes and disputes?

9/12/2023

UPS Stock Slumps on New Union Deal and Growth Concerns

United Parcel Service (UPS) stock has been declining due to a new labor deal with the Teamsters union, which has resulted in higher labor costs and lowered earnings estimates.

9/14/2023

UPS Courts Customers Lost During Contract Talks With Deals and Bonuses