TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

UPS reaches 5-year contract with Teamsters

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

UPS $85.71 +$0.29

at close on FRIDAY

By The Associated Press
Friday, April 26, 2013, 9:17 p.m.
 

UPS and the Teamsters union say they have reached tentative deals on five-year contracts covering workers in the company's small-package and freight business units.

The union says the contracts cover nearly 250,000 workers.

Teamsters describe the contract as the largest collective bargaining agreement in North America. It says the tentative deal gives workers in that unit “substantial” pay raises.

The union says the UPS Freight deal includes provisions that could lead to more part-time workers to become full-time.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Westinghouse in talks for potential $20B deal in Turkey
  2. 153-year-old Venango well pumps out oil, history
  3. Small retailers at intersection of social networks, foot traffic
  4. Business Council for Peace program works to export profits, peace
  5. Woman on dating site looks too good to be true: How to vet that pic
  6. Iron ore price decline hurts U.S. Steel’s cost advantage over rivals
  7. In ‘StockCity,’ real investing like game
  8. Test-tube tuna may be sea change
  9. U.S. Steel reorganizes operating units
  10. Pennsylvania unemployment rate drops to six-year low
  11. Kennametal names replacement for retiring CEO
Subscribe today! Click here for our subscription offers.