UPS Workers Approve $30 Billion Labor Contract Lifting Wages
- About 86% of employees voted yes, a Teamsters record at UPS
- Agreement will go into effect after vote by one Florida local
UPS workers and Teamsters members during a rally outside a UPS hub in New York.
Photographer: Paul Frangipane/BloombergUpdated on
United Parcel Service Inc.’s union workers ratified a new five-year labor agreement delivering substantial wage increases, concluding a tense period of negotiating that drove the company to the brink of a strike.
About 86% of employees voted to approve the deal, the International Brotherhood of Teamsters said Tuesday in a statement, the union’s highest vote ever for a contract with UPS. It will go into effect after one local affiliate in Florida votes to ratify its supplemental agreement, the statement added.
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UPS Workers Approve $30 Billion Labor Contract Lifting Wages