UPS and Teamsters Union Avert Strike with Landmark Labor Agreement

UPS (NYSE: UPS) and the Teamsters union have reached a tentative five-year contract agreement for its some-340,000 workers, staving off a potentially disruptive strike. This comes after a protracted negotiation period— briefly interrupted in early July— with a deal finally announced just six days before the planned strike. The new contract sees UPS proposing a … Continue reading UPS and Teamsters Union Avert Strike with Landmark Labor Agreement