Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries UPS and Teamsters union reach deal on new contract By: FOX Business July 25, 2023 at 12:16 PM EDT UPS and the Teamsters union announced an agreement on a new collective bargaining agreement on Tuesday after the two sides returned to the negotiating table. United Parcel Service (UPS) and the Teamsters announced Tuesday that the two sides reached an agreement on a new contract that will avert the threat of a strike beginning in August.The current UPS Teamsters collective bargaining agreement is set to expire on July 31, and union members were poised to begin a strike on August 1 if the two sides were unable to reach an agreement. UPS Teamsters voted in June to authorize a strike, with 97% of voting members in favor.The deal comes as the two sides returned to the negotiating table on Tuesday after talks had broken down in recent weeks. UPS Teamsters will vote in the near future to ratify the new agreement.This is a developing story. Please check back for updates. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
UPS and Teamsters union reach deal on new contract By: FOX Business July 25, 2023 at 12:16 PM EDT UPS and the Teamsters union announced an agreement on a new collective bargaining agreement on Tuesday after the two sides returned to the negotiating table. United Parcel Service (UPS) and the Teamsters announced Tuesday that the two sides reached an agreement on a new contract that will avert the threat of a strike beginning in August.The current UPS Teamsters collective bargaining agreement is set to expire on July 31, and union members were poised to begin a strike on August 1 if the two sides were unable to reach an agreement. UPS Teamsters voted in June to authorize a strike, with 97% of voting members in favor.The deal comes as the two sides returned to the negotiating table on Tuesday after talks had broken down in recent weeks. UPS Teamsters will vote in the near future to ratify the new agreement.This is a developing story. Please check back for updates.