© Alexey Novikov

CNBC reports:

UPS and the Teamsters union representing 340,000 workers at the package carrier on Tuesday said they reached a preliminary labor deal that includes raises for both full- and part-time workers and narrowly avoids a potential strike that could have started next week.

“Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,” UPS CEO Carol Tome. “This agreement continues to reward UPS’s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.”

It was the latest in a string of labor deals where workers from pilots to aerospace manufacturing employees have pushed for and won higher pay.

The full post is here.

Comment on this article

You must be logged in to post a comment.