{"id":772314,"date":"2023-07-25T13:32:00","date_gmt":"2023-07-25T17:32:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ups-teamsters-reach-agreement-in-labor-negotiations\/"},"modified":"2023-07-25T13:32:00","modified_gmt":"2023-07-25T17:32:00","slug":"ups-teamsters-reach-agreement-in-labor-negotiations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ups-teamsters-reach-agreement-in-labor-negotiations\/","title":{"rendered":"UPS, Teamsters Reach Agreement in Labor Negotiations"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>UPS, Teamsters Reach Agreement in Labor Negotiations<\/b><\/p>\n<p>ATLANTA&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nUPS (NYSE:UPS) and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement.<\/p>\n<p>\n\u201cTogether, we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,\u201d said Carol Tom\u00e9, UPS chief executive officer. \u201cThis agreement continues to reward UPS\u2019s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.\u201d<\/p>\n<p>\nThe five-year agreement covers U.S. Teamsters-represented employees in small-package roles and is subject to voting and ratification by union members.<\/p>\n<p><i>You can find out more about the bargaining process and learn about UPS\u2019s stance on key topics at <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fabout.ups.com%2Fus%2Fen%2Fnewsroom%2Fnegotiations.html&amp;esheet=53478228&amp;newsitemid=20230725768661&amp;lan=en-US&amp;anchor=negotiations.ups.com&amp;index=1&amp;md5=a6b32b1dcad1544f533f5e843ccca5ba\"><b><i>negotiations.ups.com<\/i><\/b><\/a><i>. Read the <\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fabout.ups.com%2Fus%2Fen%2Fnewsroom%2Fnegotiations%2Fnews-on-the-2023-ups-labor-negotiations.html&amp;esheet=53478228&amp;newsitemid=20230725768661&amp;lan=en-US&amp;anchor=latest+stories&amp;index=2&amp;md5=341f548b51db9b923df743d8bb11dfe1\"><b><i>latest stories<\/i><\/b><\/a><i> to see why 330,000 Teamsters-represented employees choose to work at UPS.<\/i><\/p>\n<p>\nUPS (NYSE: UPS) is one of the world\u2019s largest companies, with 2022 revenue of $100.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Focused on its purpose statement, \u201cMoving our world forward by delivering what matters,\u201d the company\u2019s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes an unwavering stance in support of diversity, equity and inclusion. More information can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ups.com%2F&amp;esheet=53478228&amp;newsitemid=20230725768661&amp;lan=en-US&amp;anchor=%3Cstrong%3Ewww.ups.com%3C%2Fstrong%3E&amp;index=3&amp;md5=64047c715dcb794514f02c31920b3b42\"><strong>www.ups.com<\/strong><\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fabout.ups.com%2Fus%2Fen%2Fhome.html&amp;esheet=53478228&amp;newsitemid=20230725768661&amp;lan=en-US&amp;anchor=%3Cstrong%3Eabout.ups.com%3C%2Fstrong%3E&amp;index=4&amp;md5=bc83702ee03af67964cab947ced1e99e\"><strong>about.ups.com<\/strong><\/a><strong \/>and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.investors.ups.com%2F&amp;esheet=53478228&amp;newsitemid=20230725768661&amp;lan=en-US&amp;anchor=%3Cstrong%3Ewww.investors.ups.com%3C%2Fstrong%3E&amp;index=5&amp;md5=8d27c09d31a87be82e4cdbd8b5fc8c98\"><strong>www.investors.ups.com<\/strong><\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230725768661r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230725768661\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230725768661\/en\/<\/a><\/span><\/p>\n<p>\nUPS Media Relations<br \/>\n<br \/>404-828-7123<br \/>\n<br \/><b><a rel=\"nofollow\" href=\"mailto:pr@ups.com\">pr@ups.com<\/a><\/b><\/p>\n<p><b>KEYWORDS:<\/b> Georgia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Public Policy\/Government Other Transport Trucking Labor Maritime Logistics\/Supply Chain Management Air Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230725768661\/en\/1697328\/3\/UPS_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>UPS, Teamsters Reach Agreement in Labor Negotiations ATLANTA&#8211;(BUSINESS WIRE)&#8211; UPS (NYSE:UPS) and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement. \u201cTogether, we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,\u201d said Carol Tom\u00e9, UPS chief executive officer. \u201cThis agreement continues to reward UPS\u2019s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.\u201d The five-year agreement covers U.S. Teamsters-represented employees in small-package roles and is subject to voting and ratification by union members. You can find out &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ups-teamsters-reach-agreement-in-labor-negotiations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UPS, Teamsters Reach Agreement in Labor Negotiations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772314","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UPS, Teamsters Reach Agreement in Labor Negotiations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ups-teamsters-reach-agreement-in-labor-negotiations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UPS, Teamsters Reach Agreement in Labor Negotiations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"UPS, Teamsters Reach Agreement in Labor Negotiations ATLANTA&#8211;(BUSINESS WIRE)&#8211; UPS (NYSE:UPS) and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement. \u201cTogether, we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,\u201d said Carol Tom\u00e9, UPS chief executive officer. \u201cThis agreement continues to reward UPS\u2019s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.\u201d The five-year agreement covers U.S. Teamsters-represented employees in small-package roles and is subject to voting and ratification by union members. 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