United Parcel Service and its union reached a tentative agreement Tuesday, potentially avoiding a strike that would have possible far-reaching impacts to consumers and businesses around the globe.
According to Teamsters President Sean O’Brien, the tentative deal “contains $30 billion worth of new money from UPS over the life of the contract.” The International Brotherhood of Teamsters (with approximately 340,000 members) must still vote to ratify the agreement from August 3 through August 22, 2023.
AJOT quoted UPS Chief Executive Officer Carol Tome´ stating that this “agreement continues to reward UPS’s 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.”
The Associated Press shared that the Teamsters “called the tentative agreement ‘historic’ and ‘overwhelmingly lucrative’ in a prepared statement. It includes, among other benefits, higher wages and air conditioning in delivery trucks.”
Read the complete story in AJOT…