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 Teamsters union votes to ratify UPS contract By: FOX Business August 22, 2023 at 16:33 PM EDT The Teamsters union members overwhelmingly voted to ratify the new five-year collective bargaining agreement with UPS after months of negotiations and concerns over a potential strike. Members of the Teamsters union voted to ratify a new five-year collective bargaining agreement with shipping giant UPS on Tuesday, avoiding a potential strike that loomed over the U.S. economy as the two sides negotiated in recent months.The five-year contract covers roughly 340,000 UPS Teamsters members across the U.S. and includes higher wages for full- and part-time workers, more full-time roles, and workplace protections such as air conditioning in delivery vehicles.The Teamsters said that 86.3% of members voted in favor of ratification, which the union noted was "the highest vote for a contract in the history of the Teamsters at UPS."GET FOX BUSINESS ON THE GO BY CLICKING HEREThis 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.
Teamsters union votes to ratify UPS contract By: FOX Business August 22, 2023 at 16:33 PM EDT The Teamsters union members overwhelmingly voted to ratify the new five-year collective bargaining agreement with UPS after months of negotiations and concerns over a potential strike. Members of the Teamsters union voted to ratify a new five-year collective bargaining agreement with shipping giant UPS on Tuesday, avoiding a potential strike that loomed over the U.S. economy as the two sides negotiated in recent months.The five-year contract covers roughly 340,000 UPS Teamsters members across the U.S. and includes higher wages for full- and part-time workers, more full-time roles, and workplace protections such as air conditioning in delivery vehicles.The Teamsters said that 86.3% of members voted in favor of ratification, which the union noted was "the highest vote for a contract in the history of the Teamsters at UPS."GET FOX BUSINESS ON THE GO BY CLICKING HEREThis is a developing story. Please check back for updates.