The last remaining local agreement under the International Brotherhood of Teamsters Small Package Agreement with UPS (NYSE:UPS) was ratified on Sunday, April 28.
The master contract covering approximately 243,000 UPS employees was negotiated earlier, and all remaining supplements have now been ratified. The master contract will be effective on April 29, 2019.
“We are pleased to learn that everything now is in place to implement our agreement with the Teamsters,” said Teri McClure, UPS Chief Human Resources Officer and Senior Vice President, Labor. “This agreement, and the previously negotiated master agreement covering UPS Freight employees, helps to ensure that UPS and our employees are well positioned for success in the coming years.”
The new five-year contract will run from August 1, 2018 through July 31, 2023. More information can be found on the UPS Investor Relations website after the contract is implemented.
UPS’s overriding goal during the contract negotiations has been to reward the company’s employees for their contributions to its success while simultaneously enabling the business to remain flexible to meet customer needs.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter.
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