UPS Workers Approve $30 Billion Labor Contract Boosting Wages

08/23/2023 15:39
UPS Workers Approve $30 Billion Labor Contract Boosting Wages

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.

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/Bloomberg

Updated 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.

Up Next

UPS Workers Approve $30 Billion Labor Contract Lifting Wages

Read more --->