Teamsters approve UPS contract

The Teamsters Union has approved a new contract with Atlanta-based United Parcel service. The Atlanta Business Chronicle reports the ratified contract covers 240,000 UPS employees. It covers wage increases, health-care benefits and pension plans. This agreement extends the contract coverage to July 2013.

Tentative deal for UPS and Teamsters

Atlanta-based UPS and the Teamsters have reached a tentative agreement. 240,000 union UPS employees still have to vote on the deal. It creates a new 5-year contract to raise members’ wages and benefits. UPS is the world's largest package delivery company.

UPS and union reach agreement

United Parcel Service has reached agreement with the International Brotherhood of Teamsters on a tenative deal. It's a 5-year contract that would raise wages annually, as well as increase funds that provide for pension and health and welfare benefits to members. If approved by the nearly 240-thousand full and part-time UPS employees across the U-S, the contract would go into effect next August 1st. Atlanta-based UPS is the world's largest package delivery company.