Teamsters, UPS Sign Handshake Agreement
On Friday, UPS and the Teamsters reached a handshake agreement on a new union contact.
Brynn Anderson, File / Associated Press
After months of negotiations, Atlanta-based UPS and the Teamsters have tentatively agreed on a new master union contract.
UPS is the nation’s largest employer of Teamsters. Friday’s handshake agreement would cover more than 200,000 small package employees.
The contract includes bigger pension benefits and a $4.15 per hour wage hike for full-time employees over five years. Part-time workers would get an immediate starting pay bump from $10 to $13.
In a statement, Denis Taylor, co-chairman of the Teamsters UPS National Negotiating committee called the agreement “among the very best ever negotiated.”
For leverage, earlier this month union members had approved a strike if necessary.
There are a few regional agreements left to work out before a final vote. The whole thing must be approved by a majority of UPS Teamsters.
The current contract expires at the end of July.
The contract for the 11,000 Teamsters in UPS Freight is still being negotiated.
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