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UPS Contract Negotiations: What You Need to Know

ups contract negotiations

UPS, the world’s largest package delivery company, is currently negotiating a new labor contract with the International Brotherhood of Teamsters (IBT), the union that represents about 330,000 of its U.S. employees. The current contract, which covers drivers, loaders, sorters, clerks, mechanics, and other workers, expires on July 31, 2023. The new contract will affect the wages, benefits, working conditions, and job security of UPS workers, as well as the competitiveness and profitability of UPS as a company. In this blog post, we will look at some of the key issues and updates on the UPS contract negotiations.

What are the Main Issues?

The UPS contract negotiations involve various issues that are important to both the company and the union. Some of these issues are:

What are the Latest Updates?

The UPS contract negotiations began in January 2023 and are expected to continue until July 2023. The negotiations are conducted by a national negotiating committee that consists of representatives from both UPS and IBT. The committee also consults with local unions and regional committees that cover specific areas of the country.

The latest updates from the negotiations are:

What are the Implications?

The UPS contract negotiations have significant implications for both the company and the union, as well as for their customers, partners, and competitors. Some of these implications are:

Conclusion

UPS contract negotiations are ongoing discussions between UPS and IBT on a new labor contract for about 330,000 of its U.S. employees. The negotiations involve various issues, such as wages, benefits, working conditions, and job security. The negotiations have significant implications for both the company and the union, as well as for their customers, partners, and competitors. The negotiations are expected to conclude by July 31, 2023, which is the expiration date of the current contract.

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