UPS

Markets

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.

Economy

UPS, Teamsters talks break down

UPS reportedly walked away from the bargaining table after the Teamsters National Negotiating Committee unanimously rejected the delivery company’s offer early Wednesday morning.