Labor Unions

Teamsters union votes to ratify UPS contract

The Teamsters union members overwhelmingly voted to ratify the new five-year collective bargaining agreement with UPS after months of negotiations and concerns over a potential strike.

UPS-Teamsters deal dents financials

UPS, fresh off a tough row with the Teamsters, cut its financial outlook for 2023 after tense labor negotiations impacted costs for the delivery giant, the company disclosed.